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China and Brazil are continuously expanding the areas of bilateral cooperation

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17/04/2023 3 Min Read
Comments Off on China and Brazil are continuously expanding the areas of bilateral cooperation

“Leaders of China and Brazil create history” “Lula’s visit to China opens doors of opportunity for Brazil” “President Lula’s suitcase is packed with various bilateral agreements and cooperation plans after talks with Chinese President Xi Jinping”… Brazilian President Luiz Inacio Lula da Silva’s visit to China ended on 15 April. To which the Brazilian media and different regions of the country gave positive reactions. People believe that the heads of state of China and Brazil have clarified the direction for the next stage of bilateral cooperation, opening a new future for bilateral relations.

This year marks the 30th anniversary of the establishment of the China-Brazil strategic partnership, and the next year marks the 50th anniversary of the establishment of diplomatic relations between the two countries. At this critical time, the state visit of Brazilian President Lula to China has attracted much attention from the international community. President Lula’s visit has been successful, according to a joint statement issued after talks between the heads of state of China and Brazil. Chinese President Xi Jinping said that China is ready to work with Brazil to open up a new future for China-Brazil relations in a new era. Brazilian President Lula said that strengthening all-round relations with China is the common and strong desire of all Brazilian regions.

China and Brazil are the largest developing countries and important emerging market countries in the Eastern and Western Hemispheres. Although they are far apart, there has been a long history of exchange between them. More than 200 years ago, Chinese tea growers traveled across thousands of mountains and rivers to Brazil to cultivate tea and teach them the skills. After the founding of New China, China and Brazil officially established diplomatic relations on August 15, 1974, and bilateral relations continued to develop. Brazilian President Lula has visited China four times and is called an “old friend of the Chinese people”.

In the wake of the recent complex world, both China and Brazil are facing development missions. China is promoting high-quality development and a high degree of opening-up, while Brazil is promoting the process of “re-industrialization” and is committed to solving problems such as poverty alleviation. Brazilian President Lula gave a high assessment of Chinese-style modernization in an interview before his visit to China. He added that Brazil is currently working on a “Brazilian modernization path”. The Chinese side expressed willingness to actively explore the synergy between the joint construction of the “Belt and Road” and Brazil’s “re-industrialization” strategy. Both sides signed several bilateral cooperation documents in areas of trade and investment, digital economy and technological innovation.

During the visit to China, Brazilian President Lula visited the research center of Chinese technology company Huawei in Shanghai, China, met with the head of China’s biggest electric car maker BYD. From low-carbon economy, digital economy, information and communication technology to aerospace, China and Brazil are exploring broad spaces for cooperation in high-tech fields. It also has a strong demonstration effect for developing countries to break the technological monopoly of developed countries. As a leader of developing countries, the development of China-Brazil relations has gone beyond bilateral scope and plays a positive role in promoting the reform of global governance. Brazilian President Lula firmly stated that “nobody can stop Brazil from continuously developing its relations with China.”

“Why do these countries have to depend on the US dollar? Why can’t they use RMB or other currencies? “On April 13, Lula asked these questions while attending the swearing-in ceremony of Rousseff, president of the New Development Bank in Shanghai, and attracted the attention of the outside world. The Brazilian government said that Brazil had reached an agreement with China to trade in its currency. According to a joint statement issued by the two countries, the two sides agreed to deepen economic and financial dialogue, strengthen local currency trade and promote cooperation in the field of sustainable financing. According to analysts, it will promote the facilitation of China-Brazil trade and investment and also help stabilize global trade and investment.

In addition, China and Brazil have been strengthening strategic coordination on global issues in the United Nations, BRICS, G20, etc. During talks between the heads of state of China and Brazil, both sides agreed that dialogue was the only viable way to resolve the Ukrainian crisis. It is considered by the outside world as a valuable call for peace from Sino-Brazil.

(Credits – China Media Group, Beijing)

   

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