CELAC Forum participants speak highly of Xi's speech

President Xi Jinping's speech at the fourth ministerial meeting of the China-CELAC (Community of Latin American and Caribbean States) Forum on Tuesday highlights multilateralism and win-win cooperation, bringing China and CELAC member countries closer, said participants from Latin American countries.

At the opening ceremony of the forum, which was held in Beijing on Tuesday, President Xi delivered a keynote speech, calling for deepened cooperation between China and Latin American and Caribbean (LAC) countries, garnering wide appreciation among LAC experts and politicians.

"We have carefully listened to President Xi's speech and are delighted to embrace the five major programs he proposed to promote cooperation between China and the Community of Latin American and Caribbean States. These constructive initiatives, as President Xi said, will surely make greater contributions to the development, win-win cooperation, and peace of the people of our countries. This fills us with optimism and hope, and will also boost the technological development of our countries, bringing us closer together and enhancing mutual understanding," said Laureano Ortega Murillo, Advisor to Nicaraguan President on Investment, Trade and International Cooperation.

Xi's speech suggests a world order of justice, equality, and multilateralism, which envisions wider cooperation between China and LAC countries, Clement Rohee, Former Guyanese Foreign Minister, pointed out.

"Suggestion that was made by President Xi, or the vision, I should say, that was provided by President Xi, is one that holds great optimism for the future of China-Latin America cooperation. We have to have a world that is based on a true governance that is based on multilateralism. Minilateralism is becoming something of the past, and the path or the pathway that China is suggesting, that is to say, a system of governance based on justice and equality," said Clement.

As the cooperation and collaboration are expected to cover wider aspects, China has been and will continue to be a reciprocal partner of LAC countries, said Edgar Tello, a Peruvian Congressman.

"The leadership of President Xi Jinping is of great significance to the development and progress of each country. It enables the natural resources of Latin American and Caribbean countries to complement the technology of China, which will generate more job opportunities and stimulate the economy," said Edgar.

CELAC Forum participants speak highly of Xi's speech

China's smart consumer device manufacturing sector has seen rapid growth this year, fueled by a government-backed trade-in program and the expansion of diversified consumption scenarios.

From January to May, the country's electronic information manufacturing industry maintained strong momentum, with total revenue of enterprises above the designated size reaching 6.49 trillion yuan (some 900 billion U.S. dollars), up 9.4 percent year on year.

Production of electronic consumer goods recorded steady increases. Over 140 million computers were produced during the period, up 8 percent from a year earlier, while 14.04 million television units rolled off assembly lines, up 1.7 percent year on year.

"Consumption scenarios are becoming more diversified. On the demand side, new smart products are quickly entering the market, opening up emerging markets in home services, health management, and beyond. On the supply side, the industry is clearly moving toward transformation and upgrading, with new growth drivers accelerating," said Zuo Kairui, director of the Industry Development Department of the Institute of Policy and Economics at the China Academy of Information and Communications Technology.

Looking ahead to the second half of the year, China plans to go on promoting its "AI plus consumer goods" initiative, encouraging the development and application of new technologies such as smart wearables, ultra-high-definition video, brain-computer interfaces, and robotics.

Meanwhile, authorities will continue to foster high-growth consumer sectors and guide the smart device industry toward greener, more service-oriented development.

China's smart consumer device industry sees rapid growth amid policy boost