Library of Emerging Markets Institute No. 6: New Framework for Sino-Latin American Economic Cooperation

China and Latin America are entering a new era of overall cooperation, and the two sides are working hard to build a new pattern of five-in-one Sino-Latin American relations in order to work hand in hand to forge a Sino-Latin American destiny community. And the foundation and motive force of promoting and realizing this kind of comprehensive strategic cooperation is the economic cooperation of both sides. At present and in the future, both China and Latin America are facing the pressure of structural adjustment. How to take advantage of this opportunity to promote the sustainable development of their respective economies, and at the same time to help the sustainability of Sino-Latin American economic cooperation is a new issue in Sino-Latin American relations. The institutional cooperation framework based on the China-Latin American Forum and its concrete five-year plan for Sino-Latin American cooperation and the new 3 × 3 model of Sino-Latin American production capacity cooperation are undoubtedly for this purpose. The solution of the new project provides the right direction and path.

 By Hu Biliang, Guo Cunhai, Gina Caballero's New Framework for Sino-Latin American Economic Cooperation (refined) revolves around the new Sino-Latin America + 3 + 6 economic cooperation initiated by President Xi Jinping in Brasilia on July 17, 2014 Framework of the analysis. In this new framework, a plan aims to clarify the common problems facing Sino-Latin American cooperation, set a common goal and vision for Sino-Latin American cooperation, and establish the three major engines of joint implementation strategy for Sino-Latin American cooperation, which are the driving forces for promoting the overall development of Sino-Latin American cooperation. The six major areas of trade, investment and finance have identified six key areas for Sino-Latin American cooperation, namely, Energy resources, infrastructure construction, agriculture, manufacturing, science and technology innovation, information technology, to promote the industrial interface between China and Latin America. Based on the above background, this book systematically shows the development status of the three major engines and six major fields of cooperation between China and Latin America, the progress of cooperation, the main problems existing at present and the basic trend of future development. It has reference value for readers engaged in Latin American research and paying attention to Latin American investment.

Author Introduction:

Hu Biliang, Dean of emerging Markets Institute, Belt and Road Research Institute, Beijing Normal University; Professor of Economics and Ph. D. supervisor. He was awarded the 6th and 12th Sun Yefang Award for Economic Science in 1994 and 2006, respectively; the third National Book Award in 1997 and the second Zhang Peigang Award for excellent achievements in Development Economics in 2009.

Guo Cunhai, Deputy Director of the Institute of Comprehensive Theory, Latin American Institute, Chinese Academy of Social Sciences, associate researcher, visiting scholar of UNAM, founder of CECLA.

Gina Caballero, Representative of CAF in Beijing; Visiting scholar of the Emerging Markets Research Institute of Beijing Normal University, former consultant of the United Nations Economic Commission for Latin America and the Caribbean and expert on South-South cooperation, with rich experience in investment, trade, capacity cooperation, infrastructure and agriculture.