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China Daily / 2024-11 / 21 / Page002

LatAm fertile ground for Chinese companies

By Zhong Nan | China Daily | Updated: 2024-11-21 00:00

Major infrastructure, energy investments boost partnerships and mutual growth

Latin America will retain its status as an appealing market and investment destination for Chinese companies, driven by its vibrant consumer base, high demand for modern infrastructure and abundant natural resources, said experts and business executives.

The ongoing urbanization and industrialization in Latin America, coupled with the economic reforms and infrastructure development plans in many countries, including Brazil, Colombia and Peru, will further enhance the region's attractiveness, said Liu Xingguo, a senior researcher at the China Enterprise Confederation in Beijing.

"With these factors, Chinese companies can find fertile ground for growth and long-term partnerships, contributing to the overall development and modernization of Latin American economies," said Liu, noting this dynamic synergy bodes well for both parties, fostering mutual economic prosperity and strategic cooperation.

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