The 12th China-LAC Business Summit was held at the Zhuhai International Convention & Exhibition Center in Shizimen Central Business District from 1 to 3 November.

With the theme of “seizing new opportunities for China-LAC economic and trade development”, the Summit gathered a field of around 1,200 participants to discuss bilateral cooperation in infrastructure, finance, trade and services.

Over 600 people from more than 40 Latin American-Caribbean countries joined state government leaders, financial experts, local officials, representatives of international organizations and business associations in China for the three-day China-LAC Trade Exhibition and roundtable meetings for trade promotion organizations, as well as business matchmaking.

The intent is to raise the level of China-LAC trade and investment and promote the transformation and upgrading of pragmatic cooperation. The final goal is to achieve common development and mutual benefits at a higher level.

The China-LAC Business Summit was initiated by the China Council for the Promotion of International Trade (CCPIT) in 2007 as the first comprehensive conference of its kind. It is held annually in China and LAC countries on a rotating basis and has grown into a flagship brand in China-LAC cooperation, as hailed by the Chinese government.

CCPIT co-sponsors the event along with the Guangdong Provincial Government, People’s Bank of China and Inter-American Development Bank (IDB). The China Chamber of International Commerce and Zhuhai government are the organizers.