国内英语资讯:Interview: Ecuadorian president hopes Xis visit will boost bilateral cooperation_时事

国内英语资讯:Interview: Ecuadorian president hopes Xis visit will boost bilateral cooperation

"We have very profitable projects, but need that financing, (and) China has it," he added.

"Thanks to the financing cooperation with China, Ecuador got rid of one of the worst roadway networks in South America, and has the best now," he said.

PROMISING PRAGMATIC COOPERATION

The two countries have achieved important progress in cooperation in energy, mining and infrastructure construction.

Of the eight hydropower stations under construction and finished, seven were constructed by Chinese firms, which has helped turn the once energy-poor Ecuador into an energy exporter.

During his visit, Xi is set to symbolically inaugurate the Coca Codo Sinclair station, the largest of the hydropower stations, at a ceremony in the capital Quito, since the facility is located in a remote region between the Amazonian provinces of Napo and Sucumbios.

The station with an installed capacity of 1,500 megawatts, was built by China's Sinohydro.

"These projects have allowed us to obtain our energy independence, (and) to have one of the most environmentally-friendly energy sources," Correa said.

"More than 90 percent of our energy can now come from clean and renewable hydropower, and that is due in part to Chinese cooperation and financing," he added.

Correa, who is to leave office in May 2017, hopes China will continue to invest in Ecuador, which has a portfolio of some 40-billion-dollar worth of "profitable projects" in shipbuilding and steel.