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Premier Li encourages production capacity co-op with Brazil

Updated: May 21,2015 4:04 PM     Xinhua

Visiting Premier Li Keqiang on May 20 encouraged Chinese and Brazilian enterprises to cooperate with each other in production capacity and equipment manufacturing in a bid to achieve mutual benefit.

Before visiting a Chinese equipment manufacturing exhibition which features heavy machinery, high-speed railway, nuclear power generation, carrier rockets and new energy cars, Premier Li said to other visitors that Chinese and Brazilian leaders had reached an important consensus on carrying out production capacity cooperation.

Beijing is willing to cooperate with the Brazilian side in locomotive manufacturing, ship building, auto making, steel and construction materials, he said, adding that China will not only export quality and environment-friendly equipment to Brazil, but open production lines and spare parts maintenance facilities in Brazil, train local workers and create jobs there.

Meanwhile, China is going to import high-quality farm produces and competitive equipment products from Brazil, Premier Li said.

China-Brazil cooperation in production capacity and equipment manufacturing, Premier Li pointed out, will link China’s production capacity and competitiveness in equipment manufacturing with Brazil’s economic development and demand for industrial investment, which will be conducive to both countries for mutual benefit, win-win results and common development.

The Brazilian side believes that the comprehensive strategic partnership between the two countries has provided great potential for further economic cooperation, Brazilian Foreign Minister Mauro Vieira and Rio de Janeiro Governor Luiz Fernando Pezao said.

China-made subway trains and ferry boats, in high quality and at reasonable prices, are welcomed by the Brazilian people, they noted.

The Brazilian government welcomes production capacity cooperation with the Chinese side and supports Chinese enterprises in participating in local infrastructure projects including subway, railway, broadband infrastructure and water facilities, they added.

The Premier also introduced China-made products and technologies to senior Brazilian officials and talked with exhibitors.

A total of 30 Chinese companies, representing the top-level of equipment manufacturing in China, are showcasing their products at the exhibition, which covers such areas as railway transportation, electricity, information technology and machinery engineering.

Brazil is the first stop of Premier Li’s four-nation Latin America tour, his first to the region since he assumed premiership in 2013, which will also take him to Colombia, Peru and Chile.

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