Andina

Peru seeks to increase export supply to China

00:00 | Shanghai (China), Nov. 5.

The diversification of markets and export products provide opportunities to improve and increase Peru's supply to the world, thus making progress in terms of economic growth.


Within this framework, on November 5-10, Peru will be present with a delegation at the China International Import Expo (CIIE) in Shanghai.

In November 2018, the initial version was planned, proposed, implemented, and promoted by Chinese President Xi Jinping.

Businesses underway

Blueberries, grapes, white shrimps, avocados, quinoa, and other high-quality Peruvian agricultural products have already entered the Chinese market.

Therefore, the CIIE platform is expected to be taken advantage of and to lead more Inca products towards that foreign market.

Currently, China is the second-largest economy and the most industrialized country in the planet. In addition, it has the high trade volume of goods and foreign exchange reserves worldwide. In 2018, its Gross Domestic Product (GDP) exceeded 90 billion Yuan, while total exports and imports surpassed US$4.6 billion.

This means there is a bigger opportunity to increase bilateral trade. 

The CIIE adheres to the principle of global governance of acquiring shared growth through dialogue and collaboration, so that the exposure of imports serves as an effective channel for the world's goods, technologies, and services to enter the Chinese market.

This creates an open cooperation platform among countries in order to improve international trade and exchanges, promote economic globalization, and contribute together to the promotion of global trade, as well as to a better development of the world's economy.

(END) WRR/MVB

Published: 11/5/2019
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