Update: China ready to work with Latin American and Caribbean countries to implement Global Development Initiative: Xi

Xinhua
13 May 2025, 12:48 GMT+10

BEIJING, May 13 (Xinhua) -- China is willing to work with Latin American and Caribbean countries to implement the Global Development Initiative, firmly safeguard the multilateral trading system, keep the global industrial and supply chains stable and smooth, and safeguard an open and cooperative international environment, Chinese President Xi Jinping said Tuesday.Xi made the remarks when delivering a keynote speech at the opening ceremony of the fourth ministerial meeting of the China-CELAC (the Community of Latin American and Caribbean States) Forum in Beijing, adding that the two sides should strengthen the docking of development strategies and advance high-quality Belt and Road cooperation.He called on the two sides to deepen cooperation in traditional fields such as infrastructure, agriculture and grain, and energy and minerals, and expand cooperation in emerging fields such as clean energy, 5G communications, digital economy and artificial intelligence.China will import more high-quality products from Latin American and Caribbean countries and encourage Chinese enterprises to expand their investment in the region, Xi said.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Caribbean Herald.

More Information

null in null

Business

Section

Foreign workers drive post-pandemic growth in eurozone: ECB

Foreign workers a key driver of eurozone growth

FRANKFURT, Germany: Foreign workers have emerged as a critical force behind the euro zone's economic growth since the pandemic, offsetting...

Trump trade agreement sends Wall Street soaring

Dow Jones soars 1,161 points as U.S. stocks surge

NEW YORK, New York - U.S. stocks surged on Monday following news that the Trump administration had agreed to a 90-day reduction of...

De-escalations in India, Pakistan, China and U.S. fuel Asian stocks rally

Stocks in Asia surge on India-Pakistan, China-U.S. ceasefires

SYDNEY, NSW, Australia - Stocks in Asia and the pacific have closed significantly higher following ceasefires in India-Pakistan hostilities,...

Toyota warns of 21% profit drop amid Trump tariffs, weak dollar

Toyota sees 21% full-year profit decline as tariffs take a bite

TOKYO, Japan: Toyota Motor Corp is bracing for a 21 percent decline in full-year profit, as the impact of President Donald Trump's...

Nordic, Baltic nations plan offline card payments amid rising risks

Nordics, Estonia launching offline card payment in case Internet cut

HELSINKI, Finland: In response to rising geopolitical risks, Finland, Sweden, Norway, Denmark, and Estonia are preparing to roll out...

Budget airlines struggle as big carriers gain in tough market

Low-cost carriers hit hardest by US travel demand slump

CHICAGO, Illinois: All U.S. airlines are feeling the impact of falling travel demand caused by President Trump's trade war. But low-cost...

Latin America

Section