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China Daily / 2024-11 / 18 / Page009

Brazil, China pursue sustainable growth

By Henrique Couto da Nóbrega | China Daily | Updated: 2024-11-18 00:00
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Editor's note: The G20 Summit is seen as a promoter of global economic and financial governance reform. In the face of rising global challenges, the G20 members should shoulder their responsibilities, uphold multilateralism and improve global governance to promote a spirit of partnership. Three experts share their views.

With Brazil and China celebrating half a century of diplomatic relations and Rio de Janeiro hosting the G20 Summit on Monday-Tuesday, this is the right time to reflect on the challenges and opportunities the 21st century presents to the two countries. The Brazil-China partnership, which has become a symbol of mutual success and development, has the potential to transcend borders and drive economic development throughout Latin America. The collaboration between Brazil and China, which spans various sectors and fosters innovation, is a driving force for sustainable and inclusive development in the region.

Over the past decades, the Sino-Brazilian partnership has become one of the most important strategic ones in the world. Initially driven by economic and commercial interests in areas such as industry, energy, agriculture and technology, the partnership has yielded benefits that extend beyond national borders. The partnership has been further strengthened by investments in infrastructure, sustainable development and innovation-oriented high-tech projects — key components in addressing global challenges such as climate change. As such, the transition to clean energy has become crucial for future development, particularly for developing countries in Latin America.

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