Echoing Xi, Ecuadorian president Rafael Correa believed that China, as the world's second-largest economy with a high speed of growth, can play a very important role in bolstering Ecuador's development, especially against the backdrop of low oil prices.
Since President Correa came into power in 2007, Ecuador has focused on deepening ties with China. The Ecuadorian president's first official trip to Beijing took place in the same year.
In 2017, on Correa's second China visit, he and Xi agreed to elevate the bilateral ties to the level of strategic partnership, only one year before the upgrade to the latest level.
Economic cooperation grew fast as well. Despite the long distance, China has become Ecuador's third largest trading partner, with two-way trade reaching 4.1 billion U.S. dollars in 2017, quadrupling in just 10 years.
And Ecuador is now a major destination for Chinese investment and financing in Latin America. Chinese investment and financing in Ecuador has exceeded 10 billion dollars, supporting hundreds of projects including major infrastructure projects such as the Coca Codo Sinclair hydropower plant, seven other hydropower plants and a dozen of highways.
On Thursday, President Correa himself went to the Quito airport to welcome the Chinese president. On Friday, Correa saw Xi off at the airport.
Situations may vary in Peru and Chile, but the willingness for cooperation is alike.
【国内英语资讯:Spotlight: Xi wraps up LatAm tour as Chinas regional, global role growing bigger】相关文章:
★ 印巴的亲情纽带
最新
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15