BEIJING, 18 November (BelTA - China Daily) - With the G20 Summit to be
held in Rio de Janeiro on Monday, observers are expecting China and
Brazil — two major developing countries enjoying many shared or similar
views on governance — to further galvanize the Global South to show
unity and secure global stability and growth.
China and Brazil are the largest developing countries in the Eastern and Western hemispheres, and both their combined populations and economic outputs exceed one-fifth of the world's total.
As President Xi Jinping undertakes his five-day tour to Brazil, Chinese officials have noted that the two countries' economies are highly complementary and their development strategies are compatible with one another.
On Aug 15, Xi and Brazilian President Luiz Inacio Lula da Silva exchanged congratulatory messages to celebrate the 50th anniversary of the establishment of bilateral ties.
In his message, Xi said China is willing to "continuously strengthen the synergy of development strategies between the two countries and deepen exchanges and cooperation in various fields".
Since 2009, China has been Brazil's largest trade partner for 15 consecutive years. Brazil is China's ninth-largest trade partner.
Brazil is also the first Latin American country whose annual trade volume with China exceeds $100 billion.
Annual bilateral trade volume registered $181.53 billion last year, a year-on-year increase of 6.1 percent, according to China's General Administration of Customs.
As of May this year, China's cumulative investment in Brazil has exceeded $70 billion, covering a wide range of areas such as oil and gas, electricity, agriculture, infrastructure, communications, and science and technology, according to the Chinese Embassy in Brazil.
Zhu Qingqiao, Chinese ambassador to Brazil, said the two countries have consistently upheld mutual respect, treating each other on an equal footing and with win-win cooperation over the past 50 years, and the development of relations "is a role model for steadfastly practicing the Five Principles of Peaceful Coexistence".
"Today's China-Brazil ties have transcended the bilateral realm and are of great significance to advancing solidarity and cooperation among the Global South and to promoting world peace, stability and development," he said in an article in July.
Analysts noted that the two sides have worked effectively on the international stage to defend the common interests of developing countries and safeguard international justice, and have become major stabilizers in a volatile world.
China and Brazil jointly issued a six-point consensus in May as a key proposal for the political settlement of the lingering Ukraine crisis.
Foreign Ministry spokesman Lin Jian confirmed in September that the consensus had "received positive feedback from more than 110 countries, and reflects the widespread aspiration of the international community".
On Sept 27, dignitaries of the two countries and over a dozen other Global South countries launched the group of Friends for Peace on the Ukraine crisis, at a meeting in New York.
"We should promote early deescalation to pave the way for political settlement," Xi said in his speech at the BRICS Plus leaders' dialogue in Kazan, Russia, last month.
Bilateral mutually beneficial cooperation, with no shortage of bright spots and fruitful outcomes in the areas of agriculture, infrastructure, energy, resources, green development, technological innovation and finance, has greatly promoted economic and social progress in both countries, Xi said.
China has been Brazil's largest trading partner for 15 consecutive years and is a major source of foreign investment in Brazil.
Statistics show that China's annual imports from Brazil in the past three years have stayed above $100 billion, while bilateral trade volume reached $181.53 billion in 2023, up 6.1 percent year-on-year.
Xi noted that China and Brazil share a natural affinity for and a common pursuit of all that is beautiful. In recent years, music, dance and other forms of art have become a new bridge connecting the two peoples, helping to enhance amity and mutual understanding, he said.
"Brazil's cute capybaras, bossa nova music, samba dance and capoeira (a martial art) are immensely popular in China, while China's traditional festivals like Spring Festival and its cultural heritages such as traditional Chinese medicine are increasingly well-known among Brazilians," he said.
Xi recalled the letters he received in the past couple of days from over 100 Brazilian friends from across sectors, saying that he was touched by their fervent desire to strengthen the friendship between the two nations.
China and Brazil should work together with other Global South countries to resolutely safeguard the common interests of developing nations, address global challenges through cooperation, and promote a global governance system that is fairer and more equitable, he said.
The G20 should honor the principle of common but differentiated responsibilities and provide more funding, technology and capacity-building support to Global South countries, Xi said.
"I am confident that the Rio de Janeiro Summit will achieve fruitful outcomes and leave a distinct Brazilian mark on G20's history," he added.
China and Brazil are the largest developing countries in the Eastern and Western hemispheres, and both their combined populations and economic outputs exceed one-fifth of the world's total.
As President Xi Jinping undertakes his five-day tour to Brazil, Chinese officials have noted that the two countries' economies are highly complementary and their development strategies are compatible with one another.
On Aug 15, Xi and Brazilian President Luiz Inacio Lula da Silva exchanged congratulatory messages to celebrate the 50th anniversary of the establishment of bilateral ties.
In his message, Xi said China is willing to "continuously strengthen the synergy of development strategies between the two countries and deepen exchanges and cooperation in various fields".
Since 2009, China has been Brazil's largest trade partner for 15 consecutive years. Brazil is China's ninth-largest trade partner.
Brazil is also the first Latin American country whose annual trade volume with China exceeds $100 billion.
Annual bilateral trade volume registered $181.53 billion last year, a year-on-year increase of 6.1 percent, according to China's General Administration of Customs.
As of May this year, China's cumulative investment in Brazil has exceeded $70 billion, covering a wide range of areas such as oil and gas, electricity, agriculture, infrastructure, communications, and science and technology, according to the Chinese Embassy in Brazil.
Zhu Qingqiao, Chinese ambassador to Brazil, said the two countries have consistently upheld mutual respect, treating each other on an equal footing and with win-win cooperation over the past 50 years, and the development of relations "is a role model for steadfastly practicing the Five Principles of Peaceful Coexistence".
"Today's China-Brazil ties have transcended the bilateral realm and are of great significance to advancing solidarity and cooperation among the Global South and to promoting world peace, stability and development," he said in an article in July.
Analysts noted that the two sides have worked effectively on the international stage to defend the common interests of developing countries and safeguard international justice, and have become major stabilizers in a volatile world.
China and Brazil jointly issued a six-point consensus in May as a key proposal for the political settlement of the lingering Ukraine crisis.
Foreign Ministry spokesman Lin Jian confirmed in September that the consensus had "received positive feedback from more than 110 countries, and reflects the widespread aspiration of the international community".
On Sept 27, dignitaries of the two countries and over a dozen other Global South countries launched the group of Friends for Peace on the Ukraine crisis, at a meeting in New York.
"We should promote early deescalation to pave the way for political settlement," Xi said in his speech at the BRICS Plus leaders' dialogue in Kazan, Russia, last month.
Bilateral mutually beneficial cooperation, with no shortage of bright spots and fruitful outcomes in the areas of agriculture, infrastructure, energy, resources, green development, technological innovation and finance, has greatly promoted economic and social progress in both countries, Xi said.
China has been Brazil's largest trading partner for 15 consecutive years and is a major source of foreign investment in Brazil.
Statistics show that China's annual imports from Brazil in the past three years have stayed above $100 billion, while bilateral trade volume reached $181.53 billion in 2023, up 6.1 percent year-on-year.
Xi noted that China and Brazil share a natural affinity for and a common pursuit of all that is beautiful. In recent years, music, dance and other forms of art have become a new bridge connecting the two peoples, helping to enhance amity and mutual understanding, he said.
"Brazil's cute capybaras, bossa nova music, samba dance and capoeira (a martial art) are immensely popular in China, while China's traditional festivals like Spring Festival and its cultural heritages such as traditional Chinese medicine are increasingly well-known among Brazilians," he said.
Xi recalled the letters he received in the past couple of days from over 100 Brazilian friends from across sectors, saying that he was touched by their fervent desire to strengthen the friendship between the two nations.
China and Brazil should work together with other Global South countries to resolutely safeguard the common interests of developing nations, address global challenges through cooperation, and promote a global governance system that is fairer and more equitable, he said.
The G20 should honor the principle of common but differentiated responsibilities and provide more funding, technology and capacity-building support to Global South countries, Xi said.
"I am confident that the Rio de Janeiro Summit will achieve fruitful outcomes and leave a distinct Brazilian mark on G20's history," he added.
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