China, Brazil offer each other more business opportunities

13:11, May 17, 2011      

Email | Print | Subscribe | Comments | Forum 

Chinese Commerce Minister Chen Deming addresses a business seminar hosted by Brazil's National Confederation of Industry in Brasilia, May 16, 2011. (Xinhua/Liu Tong)

China and Brazil vowed Monday to open their markets wider for each other's businessmen with more investment and export opportunities.

That was the consensus reached by Brazilian Trader Minister Fernando Pimentel and visiting Chinese Commerce Minister Chen Deming at a bilateral business seminar.

Pimentel said the expansion of China's consumer market opens up great opportunities for Brazilian companies, and described the bilateral trade balance as "very positive for Brazil."

He estimated that Brazilian exports to China would total almost 31 billion U.S. dollars in 2010, and would grow 20 percent to reach 37 billion dollars in 2011.

The Brazilian minister also stressed the growing importance of the Chinese market in addressing the global financial crisis.

For his part, Chen said China would expand imports and open up great opportunities for Brazilian exports under its 12th Five-Year Plan.

Investment promotion agencies from the two nations also inked a memorandum of understanding at the seminar in a bid to identify areas to conduct future cooperation.

Source: Xinhua
 
 
     
 
BRICS Leaders Meeting 2011
 
Japan in aftershocks
 
     
 
 
 
  Weekly review  
 
May 12   No winners in U.S. hi-tech export controls
 
May 12   China should view livelihood issues from strategic perspective
May 11   Syria will not be another Libya
May 06   Beijing-Shanghai high-speed railway to launch 10-day trial run
May 14   The week in pictures
May 11   2000-year-old wine unearthed in Henan province
May 11   Scientist: China plans to build lunar research base
May 09   Apple employee, customer reach settlement after Beijing iPad brawl
May 12   Wenchuan Reconstruction: 'Chinese miracle' impresses world
May 12   No winners in U.S. hi-tech export controls
 
     
 
 

(Editor:梁军)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • 3rd Anniversary Of Wenchuan Earthquake
  • Third China-U.S. Strategic and Economic Dialogue
Major headlines
Editor's Pick
  • HKCU confers honorary fellowship
  • 7th China Int'l Culture Industry Fair concludes in Shenzhen
  • Gharrafa beat Lekhwiya at Emir Cup
  • Kejia Temple in Burang County of Ali Prefecture, China's Tibet
  • Microchips helpful in finding lost pet dogs
  • Brad Pitt, Angelina Jolie dazzle at Cannes "Life" premiere
Hot Forum Dicussion