China’s Hebei to host 10th China-LatAm Business Summit

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Xinhua, San Jose :
The 10th China-Latin America Business Summit will take place on Oct. 14-15 in Tangshan, a city in northeast Hebei province, visiting Chinese officials announced this week in Costa Rica’s capital San Jose.
At the presentation on Friday, China’s Ambassador to Costa Rica Song Yanbin underscored the importance of business leaders from both countries actively participating in the event.
The summit is the first institutional mechanism designed by China expressly to promote economic and trade cooperation with Latin America and the Caribbean, said Song.
John Fonseca, Costa Rica’s deputy minister of foreign trade, said the day’s presentation and upcoming summit aimed to allow the two’s business sectors “to get to know each other better.”
“Since we established diplomatic ties and our bilateral free-trade agreement, our trade flows have developed and diversified,” said Fonseca, adding official figures show trade between Costa Rica and China amounted to 2.02 billion U.S. dollars in 2015.
Hebei, which covers some 188,000 square kilometers, is China’s sixth-largest regional economy, officials highlighted during the presentation.
The province boasts solid industrial foundations and a thriving agricultural sector that produces vegetables, grains and meats. Hebei can move a billion tons of goods through its five airports and three ports.
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