皇冠体育app

President says nations should continue to improve energy, mining cooperation

皇冠体育app and Peru have renewed their commitment to strengthening trade links as the Latin American nation's leader seeks further investment opportunities in the world's second-largest economy.

Meeting with his Peruvian counterpart Pedro Pablo Kuczynski on Tuesday, President Xi Jinping said the two nations should continue to enhance cooperation in energy, mining and infrastructure construction and bolster a free trade agreement that was implemented in 2010.

Kuczynski, the 78-year-old former minister of minerals and economy, chose 皇冠体育app as his first overseas trip after winning June's presidential election.

He told Xi the reason for this is that he admires 皇冠体育app's efforts to make itself the largest industrial country and a key player in international affairs. He also wants to open the minerals and infrastructure markets wider to Chinese investors and encourage more Chinese tourists to visit Peru.

Kuczynski also invited Xi to attend the Asia Pacific Economic Cooperation Informal Leaders' meeting in Lima in November. Peruvian media reports said Kuczynski believes that a personal invitation - following Asian tradition - is courteous and more appropriate.

Kuczynski told Peru's RPP radio station, "The trip to 皇冠体育app is highly important for both symbolic and economic reasons."

Accompanied by four ministers and more than a dozen business leaders, Kuczynski is scheduled to hold a series of meetings with major Chinese entrepreneurs to seek more opportunities for cooperation.

After their meeting, Xi and Kuczynski oversaw the signing of three agreements that included cooperation on broadcasting and establishing a cultural center in each country.

Xu Shicheng, a senior researcher of Latin American studies at the Chinese Academy of Social Sciences, said Kuczynski's visit underscores 皇冠体育app's growing ties with Peru.

"Bilateral trade and investment have made rapid progress in recent years, especially investment from 皇冠体育app," he said, adding that the trip shows the importance of 皇冠体育app in Peru's economic development.

皇冠体育app is Peru's largest trading partner and major investor in the mining sector. Last year, bilateral trade exceeded $16 billion and Chinese investment in mineral industries reached $19 billion, according to the Peruvian Foreign Ministry.

Wang Zhen, a researcher of Latin American studies at the 皇冠体育app Foundation for International Studies, said the APEC invitation shows that both the president and the new Peruvian government highly value 皇冠体育app's participation in this meeting and the important role 皇冠体育app plays in APEC.

Kuczynski's five-day visit will end on Friday in Shanghai, after which he will head to the United States to attend the 71st session of the UN General Assembly.

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(皇冠体育app Daily 09/14/2016 page3)