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Xi calls for expanding China-Mexico cooperation in finance, EV

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Chinese President Xi Jinping on Thursday called for expanding China-Mexico cooperation in finance, electric vehicles and other emerging industries.

Xi made the remarks when meeting his Mexican counterpart, Andres Manuel Lopez Obrador, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting. He also said that the two sides should make good use of the inter-governmental cooperation mechanism and deepen cooperation in traditional areas such as infrastructure construction.

The friendship between China and Mexico has grown stronger over time, Xi said, noting that last year the two countries celebrated the 50th anniversary of diplomatic ties, and this year marks the 10th anniversary of the establishment of the China-Mexico comprehensive strategic partnership.

Xi said that at present, the strategic, complementary and mutually beneficial nature of China-Mexico relations has become increasingly prominent, and mutual understanding and support on issues concerning each other’s core interests and major concerns have become firmer.

China attaches great importance to China-Mexico relations and is willing to work with Mexico to enhance strategic alignment, tap cooperation potential and leverage complementary advantages to push bilateral relations to a new level, he added.

The Chinese president stressed that China supports Mexico’s independent development path in line with its national conditions and is willing to strengthen exchanges with Mexico in country governance.

Bilateral trade volume between China and Mexico has increased by more than 7,000 times since the establishment of diplomatic relations, and highlights of cooperation in fields including railways, automobiles and new energy are abundant, he said.

Xi said the two sides should deepen counternarcotics law enforcement cooperation, and actively support each other in organizing events for people-to-people exchanges such as cultural performances and exhibitions.

The two sides should strengthen multilateral coordination, firmly uphold multilateralism and democracy in international relations, and safeguard international fairness and justice as well as the legitimate rights and interests of developing countries, Xi said.

Noting that next year marks the 10th anniversary of the China-CELAC (Community of Latin American and Caribbean States) Forum, Xi said that China is ready to work with Mexico to promote the steady and long-term development of China-Latin America relations in the new era.

Xi once again expressed condolences to Lopez over the recent hurricane disaster that hit Mexico’s Pacific coast. He said that China will provide assistance to Mexico in the procurement of disaster relief supplies.

For his part, Lopez said both Mexico and China have splendid civilizations and the two peoples know each other well and treat each other like brothers.

At the height of the COVID-19 pandemic, China was the first to offer assistance, providing a large amount of precious anti-pandemic supplies to Mexico and helping the country tide over the difficulties, Lopez said.

He added that after Mexico was hit by a recent severe hurricane in the Pacific Ocean, China immediately expressed sympathy and support, for which Mexico is grateful.

Both Mexico and China safeguard their own independence and firmly oppose interference in other countries’ internal affairs, he noted, adding that Mexico will, as always, adhere to its friendly policy towards China, firmly support each other, facilitate Chinese enterprises’ investment in Mexico, and deepen mutually beneficial cooperation in various fields as well as cooperation in combating drugs production and trafficking.

Lopez said that Mexico is willing to closely coordinate with China in multilateral affairs, and actively promote Latin America-China relations.

Chinese President Xi Jinping meets with Mexican President Andres Manuel Lopez Obrador in San Francisco, the United States, Nov. 16, 2023. (Xinhua/Ding Lin)

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