Shaanxi and Mato Grosso strengthen ties between China and Brazil

20 July 2018

The Chinese province of Shaanxi and the Brazilian state of Mato Grosso have many sectors in which they can cooperate and complement each other, said the governor of the province Hu Heping, who headed a public-private delegation to meet with public entities and business people, the Brazilian press reported.

Hu pointed out the growth of the province, whose gross domestic product grew by 8% in 2017, that Shaanxi has a population of 34 million and revealed that consumption of both government and households is growing, and last year grew by 11% compared to 2016.

One of the sectors considered by the provincial governor as having the potential for cooperation and complementarity is agriculture, and he mentioned Yangling’s High Technology Demonstration Zone as the province’s showcase.

The government intends to turn the area into the “Agricultural Silicon Valley of China” by investing in research and innovation, seeking to attract leading universities and prepare for the establishment of a free trade area there.

The head of the Civil House of Mato Grosso, Ciro Rodolfo, recalled that the State was an important partner for China, by supplying 28% of all soybeans produced in Brazil, one of the main Brazilian products imported by China, similarly to iron ore.

The Economic and Trade Cooperation Forum was attended by Xi’an LONGI Silicon Materials, which produces batteries and energy solutions and is responsible for 37% of the world market in its segment, Shaanxi Yanchang Petroleum Group, SIGC (an investment group from Shaanxi) and the Chang’An Bank. (macauhub)