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Home >> China
UPDATED: 15:40, September 10, 2005
Chinese president's visit aims to strengthen Sino-Mexican strategic partnership
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Chinese President Hu Jintao will pay a state visit to Mexico on Sept. 11-13, with the aim to promote the strategic partnership between the two countries and to boost bilateral cooperation and communication in all fields.

This is Hu's first visit to Mexico as the head of state, and also another important tour to Latin America after his visit to Brazil, Argentina, Chile and Cuba last November.

Both China and Mexico are countries with a long history and a splendid culture, and the two peoples have enjoyed a long-time friendship. Trade exchanges between the two countries started in the 16th century when Chinese silk, china, textiles and embroidery made their way to Mexico via Manila while Mexican corn, cotton, cocoa and cassava were introduced into China one after another.

Mexico was one of the first Latin American countries to establish diplomatic ties with China. Over the past 33 years, both countries have set up hundreds of cooperative programs and signed a number of agreements concerning trade, technology, finance, culture, energy, shipping, tourism, telecommunications, anti-drug trafficking, agricultural cooperation, plant quarantine and coordination in criminal jurisdiction, as well as mutual exemption of diplomatic and service passports, and so on.

They have also established a political consultation mechanism as well as a conference mechanism for their joint trade committee. In August 2004, both governments set up a standing committee.

The frequent high-level exchanges between the two countries have led to a deeper mutual political trust and increasingly closer exchanges and cooperation in politics, trade, culture, education, sports, agriculture, fishing, energy, social development, natural sciences and many other areas, and have greatly boosted the overall development on bilateral relations.

In recent years, thanks to the joint efforts of the two governments, bilateral economic cooperation has enjoyed steady development, with a rapid growth in trade and a continuous expansion of the scale of investment.

In 1972, bilateral trade was registered at some 13 million US dollars while in 2004, the total volume of bilateral trade exceeded 7 billion dollars, up 44 percent from the previous year.

In the first half of this year, bilateral trade reached 3.484 billion dollars, gaining an 11.94-percent year-on-year growth.

According to the latest statistics from Mexican Finance Ministry, China is Mexico's sixth largest investor in the Asia-Pacific region between January 1999 to March 2005.

As of today, China's total investment in Mexico nears 200 million dollars.

Currently, both Mexico and China are undergoing rapid economic development, providing a great space for bilateral trade cooperation and creating new opportunities for expanding and deepening of bilateral cooperation.

Under such a favorable climate, enterprises of both countries are actively exploring ways to expand cooperation in a wide range of fields such as agriculture, telecommunications, energy, home appliances, the processing and assembling of light industrial products, automobiles, steel and ship-building.

Mexico is also one of the Latin American countries that have the most frequent exchanges with China in the fields of culture and education.

China and Mexico share the common broad interests and appeals in safeguarding world peace, promoting common development and meeting the challenges posed by globalization.

Both sides have also maintained good coordination and cooperation in such international and regional organizations as the United Nations, World Trade Organization, Asia-Pacific Economic Cooperation, and the Organization of American States.

Both countries see eye to eye with each other on major international issues and insist that disputes and conflicts be resolved through peaceful means. In international trade organizations, both advocate that markets should be opened up and agricultural subsides be eliminated and a fair and reasonable world economic order be established.

The Mexican government supports the Chinese government's guidelines of "peaceful reunification and one country, two systems" for resolving the Taiwan issue and understands China's objective in enacting the Anti-Secession law against those seeking Taiwan independence.

Mexico is not only an important political partner of China in Latin America, but is also China's second largest trade partner in the region, second only to Brazil.

The establishment of the strategic partnership between China and Mexico in December 2003 ushered in a more mature and promising new era for the friendly and cooperative ties between the two countries.

It is with every reason to believe that the upcoming visit of President Hu Jintao to Mexico will upgrade the all-around cooperative ties between both countries, vigorously boost the development of the Sino-Mexican strategic partnership, and help to bring about a win-win situation in bilateral trade cooperation.

Source: Xinhua

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