The upcoming inauguration of China-backed Chancay Port in Peru demonstrates a bright future of mutually beneficial cooperation between China and the Latin American country.
Chinese President Xi Jinping and Peruvian President Dina Boluarte attended the inauguration ceremony of Chancay Port via video on Thursday local time.
The port is located in the Chancay Bay, about 80 kilometers north of Peru's capital Lima. It is a flagship project under the Belt and Road Initiative and the first smart port in South America. Once completed, it will become a new hub port in Latin America and a gateway port to the Pacific.
"'From Chancay to Shanghai' has become a catchphrase, demonstrating a bright future of mutually beneficial cooperation between the two nations. I believe it will substantially bring more sense of gain and happiness to people of the two countries," President Xi said when meeting with President Boluarte during her visit to Beijing in June.
The first phase of the port project will shorten the shipping time from Peru to China to 23 days, reducing logistics costs by more than 20 percent. It is expected to generate 4.5 billion U.S. dollars in annual revenue for Peru and directly create over 8,000 jobs.
The completion of the Chancay Port will enable Peru to put in place a multi-dimensional, diverse and efficient network of connectivity spanning from coast to inland, from Peru to Latin America and further on to the Caribbean, according to experts.
It will also help build an Inca Trail of the New Era with the Chancay Port as its starting point, thus boosting the overall development and integration of the region.
President Xi arrived in Peru's capital Lima earlier on Thursday to attend the 31st APEC Economic Leaders' Meeting and pay a state visit to the Latin American country.
The 31st APEC Economic Leaders' Meeting will be held on Friday and Saturday in Lima.
Inauguration of China-backed Chancay Port demonstrates bright future of China-Peru cooperation
Inauguration of China-backed Chancay Port demonstrates bright future of China-Peru cooperation
Inauguration of China-backed Chancay Port demonstrates bright future of China-Peru cooperation
China's commitment to its path of opening up will continue as a long-term national strategy and should increasingly be defined by inclusiveness, a national political advisor said Friday.
Zhou Hanmin, a member of the Standing Committee of the National Committee of the 14th Chinese People's Political Consultative Conference (CPPCC) and president of the Shanghai Public Diplomacy Association, made the remarks in an interview with China Media Group (CMG) during the annual political "two sessions" underway in Beijing.
"Opening-up is and has been a long-term national policy and a strategy ever since China opened itself up (to the world) some 48 years ago. Ever since China joined WTO (World Trade Organization), you could see it has fundamentally changed the formats of economic movements. So opening-up is a reference and also a driving force," he said.
Zhou stressed China must also invite less privileged nations to share in the prosperity of a more open world.
"Inclusiveness is one word that should be used to modify China's opening-up. I (previously) submitted a bill in CPPCC for the zero tariff for those least developed nations' exportation to China. Because for each and every China International Import Expo, you can see quite a large number of exhibitors coming from the least developed countries. We need to give them very genuine help. We are just in the situation of that. We just try to do not only with developed nations, but the Global South and rest of the countries, all together," he said.
Zhou's comments come amid the ongoing "two sessions", the annual meetings of China's top legislature, the National People's Congress (NPC), and the top political advisory body, the National Committee of the CPPCC. Both bodies serve a five-year term and hold a plenary session each year, generally in March.
The fourth session of the 14th NPC and the fourth session of the 14th National Committee of the CPPCC kicked off in Beijing on Thursday and Wednesday, respectively. A main focus is the adoption of the country's 15th Five-Year Plan (2026-2030), a key blueprint guiding China's drive toward modernization. When asked about key signals from the plan that the international community should closely watch, Zhou outlined several key issues.
"We are now carrying on this Five-Year Plan in the most crucial period of time. We are going to generally modernize the country (in) another 10 years. In this five-year period of time, we need to focus more on creation. Creation not necessarily in the field of technology. Creation means the modernization of the governance, create lots of new things in the system and methods of governance. This is also important," Zhou said.
"The modernization of industrial systems, the further expansion of the ability of consumption, and we try to know very well the longevity, whatever solves people's daily needs. The last but not least, we try to understand fully international collaboration. Opening-up is still a driving force," he said.
China's opening-up should continue path of inclusiveness: political advisor
China's opening-up should continue path of inclusiveness: political advisor
