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Elevation of China-Brazil relations outlines blueprint for new "golden 50 years": Xi

China

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China

Elevation of China-Brazil relations outlines blueprint for new "golden 50 years": Xi

2025-05-13 20:57 Last Updated At:05-14 00:17

The elevation of China-Brazil relations announced by Chinese President Xi Jinping and his Brazilian counterpart Luiz Inacio Lula da Silva in 2024 has laid out a blueprint for another "golden 50 years" of bilateral ties, Xi said on Tuesday in Beijing.

Xi made the remarks when holding talks with the visiting Brazilian president.

In late November, 2024, during Xi's state visit to Brazil, the two heads of state announced the elevation of bilateral ties to a "community with a shared future for a more just world and a more sustainable planet."

"On the occasion of marking the 50th anniversary of the establishment of bilateral relationship last year, we jointly announced the elevation of our ties to a 'community with a shared future for a more just world and a more sustainable planet.' The strategic decision has charted a grand blueprint for the next 'golden 50 years' of China-Brazil relations," Xi said.

For his part, Lula praised Xi's keynote speech delivered earlier in the day at the opening ceremony of the fourth ministerial meeting of the China-CELAC (Community of Latin American and Caribbean States) Forum held in Beijing.

"Your speech today deeply moved us. We are pleased to see a strong country like China helping nations like ours, which lack opportunities, to meet our development needs. I believe Brazil and China are setting a positive example for future generations by showing how to build a fairer and more inclusive world," Lula said.

At the invitation of Xi, Lula is on a state visit to China from May 10 to 14.

Elevation of China-Brazil relations outlines blueprint for new "golden 50 years": Xi

Elevation of China-Brazil relations outlines blueprint for new "golden 50 years": Xi

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 5 pips to 7.0103 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Chinese yuan strengthens to 7.0103 against USD Tuesday

Chinese yuan strengthens to 7.0103 against USD Tuesday

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