Chancay Port to boost local economy, tourism: Peruvian official

China's investment in Peru's Chancay Megaport marks a new milestone in the growing China-Peru friendship and is expected to boost local tourism and economy, according to Peruvian Vice Minister of Tourism Madeleine Burns Vidaurrazaga.

Located 80 kilometers north of Lima, the Chancay Port will reduce sea freight time from Peru to Asia from 45 days to just 23. With shorter transit times and lower logistics costs, companies like Warmpaca will be able to deliver popular Peruvian products, such as its famous alpaca dolls, to Chinese customers much faster.

In an interview with China Global Television Network (CGTN) at a Chinese Park, the vice minister emphasized the significance of this new port, calling it an important tourist resource and a symbol of the enduring friendship between China and Peru.

"For us, it's very important. It's a new resource, tourist resource made from the Chinese community here in Peru and reminds us of how long the Chinese people are in Peru helping to develop our economy. Now we have a new, a big new Inca Trail, which is Chancay to Shanghai," said Vidaurrazaga.

Regarding the Chancay Port, the vice minister highlighted the environment-friendly initiatives surrounding the project, which aim to protect local wildlife populations.

"We are really surprised when visiting Chancay Port. Everything is technology in that port. But it is very important that they really care about environmental issues, inclusive issues. Even we are working together for a new tourism plan for Chancay Port, because a lot of people will visit Chancay. It's very near to Lima, but also they have a wonderful gastronomy and a special place like Caral that is more than 5,000 years before Christ. So it's very ancient. So it's the first city in the world created for commercial things, not for a war, not for protection, just for commercial market. So it is very important," said Vidaurrazaga.

Looking ahead, Vidaurrazaga believes the Chancay Port will foster the development of Peru, both in terms of investment and tourism.

"Chancay Port also will increase the movement between China and Peru. And now we are looking for more tourism. We notice the investment of China in Peru is growing. So even in the schools, the young people are interested to learn mandarin, because Peru has a very open economy too, we sign agreements with 122 countries, and we are open to the world economy. So this is a new way as the president of China said, this is a new global way to exchange our customs, our goods, to make friendship with all the countries," said Vidaurrazaga.

Chancay Port to boost local economy, tourism: Peruvian official

Chancay Port to boost local economy, tourism: Peruvian official

Chancay Port to boost local economy, tourism: Peruvian official

Chancay Port to boost local economy, tourism: Peruvian official

Chancay Port to boost local economy, tourism: Peruvian official

Chancay Port to boost local economy, tourism: Peruvian official

China's top legislature has convened its latest standing committee session in Beijing from November 2 to 6 to review a series of draft laws and amendment bills addressing issues including procuratorial public interest litigation, state-owned assets, Antarctic protection, and combating cross-border corruption.

The second draft of the cross-border anti-corruption bill anchors legislation in a holistic approach to national security, and stresses strict rule of law, due process and human rights protection.

According to Zhou Guangquan, Vice Chairman of the Constitution and Law Committee of the 14th National People's Congress, the draft sets out provisions for authorities to use information technology in cross-border anti-corruption work.

He also noted that members of the public have called for tighter safeguards for state secrets, work secrets, trade secrets, personal information and privacy.

Separately, some Standing Committee members and experts said enterprises with cross-border operations should factor in company size, business scope and risk prevention needs when establishing integrity compliance units or appointing dedicated anti-corrruption staff. Following deliberation, the suggestion was put forward for adoption.

The session will also review the second reading of the draft financial law.

The latest draft aims to boost consumer and investor protection, unify asset management rules, regulate online financial marketing, and tighten oversight of cross-border financial activities.

Xin Chunying, Chairperson of the Constitution and Law Committee of the 14th National People's Congress, said the committee proposed adding a rule that prevents overseas institutions or individuals providing financial products and services within Chinese territory without approval.

She also stated that entities legally providing such products and services in China must comply with laws, administrative regulations and the provisions of the State Council's financial regulatory authorities.

The draft Antarctic Activities and Environmental Protection Law entered its third reading at the session with updated clauses outlining China's participation in global Antarctic governance, improving the national expedition management system, and protecting Chinese citizens' lawful rights in Antarctica.

Several other draft law revisions are being tabled for first deliberation at this session, including amendments to the Criminal Procedure Law to refine the foreign-related criminal litigation system, a revised Renewable Energy Law to tighten regulations and boost industrial development, and several updates to the Ecology and Environment Code that took effect in August.

Lawmakers will also review a State Council proposal to ratify the Agreement on the Establishment of the World Artificial Intelligence Cooperation Organization.

China's top legislature convenes standing committee session