China and Latin bet365 score join hands to build the “Belt and Road”
December 09, 2024 15:17 Source: "Chinese Social Sciences Journal" Issue 3031, December 9, 2024 Author: [Argentina] Jorge Eduardo Malena/Text

This article aims to discuss the effectiveness of China’s joint efforts with Latin America and the Caribbean to build the “Belt and Road Initiative”,Including Chinese bet365 score in Latin America,Mainly involving changes in bet365 score quantity and bet365 score destination。

 2003-2022,China’s bet365 score in Latin America has played a prominent role in promoting economic growth in the region,Including industry、Agriculture、Infrastructure and other fields。Many Latin American countries have joined the joint construction of the “Belt and Road” initiative,Further promotes China’s bet365 score。Statistical data display,As of the end of 2022,China’s direct bet365 score stock in Latin America and the Caribbean reaches 5961.USD 500 million。From the perspective of regional development,Join the Belt and Road Initiative to promote economic growth in Latin America,Including agriculture、The development of mining and manufacturing brings more opportunities,And further promote bet365 score and technology transfer。

Financial cooperation between China and Latin America,Produces stimulus for existing and future projects。This type of cooperation is mainly through the joint construction of the “One Belt, One Road” initiative,Reflected in the field of infrastructure construction。These infrastructures facilitate the rapid and efficient transfer of agricultural and mineral resources to China,such as railway、Highway、Port、Airport、Construction of infrastructure such as power plants and support for power transmission and power generation projects。Starting from 2020,China’s bet365 score in Latin America is gradually changing。In terms of bet365 score destinations,Chinese companies are beginning to look for industries that are consistent with China’s innovation and economic growth goals。Transportation infrastructure and energy are gradually being replaced by information and communications technology、Electric vehicle technology、Fintech、Internet Finance、Replaced by emerging industries such as renewable energy。In terms of bet365 score quantity,Related data display,2010-2019,China’s average annual direct bet365 score in Latin America and the Caribbean increased to 140.USD 1.6 billion,Reduced between 2020 and 2022。Affected by the COVID-19 epidemic and the bet365 score environment in Latin America,China’s M&A in Latin America decreases,This is China’s bet365 score and strategic adjustment based on economic goals。

 2018-first half of 2023,Rapid growth in bet365 score in information and communications technology and renewable energy。During this period,The industries with significant growth in Chinese bet365 score are electric vehicles and battery exports,This is reflected in China’s direct bet365 score in Latin America。In addition,China’s overseas bet365 score has also expanded into the financial field,Including Latin America。For example,Loans from financial institutions such as the Export-Import Bank of China are increasing in this region。

The concept of “new infrastructure construction” proposed by bet365 score is very important in answering why the above changes have occurred。December 2018,The Central Economic Work Conference proposed this concept for the first time,Including 5G、Artificial Intelligence、Industrial Internet、Internet of Things, etc.。This is the realization of informatization、Effective way of urbanization,Conducive to better promoting Chinese-style modernization。

President Xi Jinping emphasized,New productivity is mainly generated by revolutionary breakthroughs in technology。The core element of new productivity is technological innovation,For bet365 score,This is not only about domestic development,At the same time, these technologies must be promoted abroad,Able to support and expand foreign trade,Trade especially with countries of the “Global South”。

The destination and quantity of China’s bet365 score in Latin America are changing。Although Chinese companies are very interested in investing in many areas of Latin America,But its bet365 score focus has shifted,China’s bet365 score is increasingly focusing on some new specific industries。Latin America needs China’s development,China will also better achieve high-quality development,Thus achieving high-quality development for both parties。

(The author is the director of the bet365 score Studies Program at the Catholic University of Argentina)

Editor: Cui Bohan
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