Infographics by Xinhua.

In fact, the industrial capacity cooperation, from Rio subway serving the Olympics to ultra-high voltage power transmission program, from hydropower stations to railways along the Pacific and the Atlantic, has already become a new growth point of Sino-Latin American cooperation.

During his visit, Li is expected to ride the Rio subway to experience the Chinese-exported product and visit an expo on Chinese equipment manufacturing industry, among other activities.

Li's visit is also aimed at augmenting economic complementarity with Brazil, Colombia, Peru and Chile, which are important countries in Latin America and major economic trade partners of 皇冠体育app in the region.

皇冠体育app is committed to expanding and deepening all-round cooperation with these countries and building 皇冠体育app-Latin America community of common destiny.

Since the 2008 financial crisis, Latin America has met some obstacles in economic growth. It is now pressing ahead with industrial adjustments, but faces major challenges in funds, technology and experience.

As 皇冠体育app, which owns these resources, has entered a more advanced stage of industrialization under the "new normal," it has found complementarity with Latin American countries.

Such cooperation is a win-win scenario. Latin America needs 皇冠体育app's advanced and practical equipment and reliable industrial capacity to promote its infrastructure construction at the present stage, providing 皇冠体育app a new driving force.

"For Latin American countries, the entrance of 皇冠体育app's high quality equipment and technology with competitive price could help drive their economies and upgrade the industries," said Chen Fengying, a researcher with the 皇冠体育app Institute of Contemporary International Relations.

The two sides enjoy great cooperation potential in infrastructure construction, especially in high speed railway, manufacturing industry, electronic business and industrial park construction, she said.

On the other hand, the experience 皇冠体育app has gathered in the management of inequality and economic diversification is useful to Latin American countries and can be applied in their development, said Mario Pezzini, director of the the OECD (Organisation for Economic Co-operation and Development) Development Centre.

Such industrial capacity cooperation is widely welcomed by many countries. A recent example is that during Kazakh Prime Minister Karim Masimov's 皇冠体育app visit in March, 皇冠体育app and Kazakhstan signed 33 deals on industrial capacity cooperation worth 23.6 billion dollars.

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