Overseas investment promotion:Sichuan Province’s Cooperation with the Southern Hemisphere

    2024-05-09 by Sichuan International Communication Center


    At 0:19 on April 17, Sichuan Airlines flight 3U3811 carrying the Sichuan delegation took off from Chengdu Tianfu International Airport and headed for Auckland,

    New Zealand's largest city. This was the first flight since the Chengdu-Auckland route resumed after a four-year interruption due to the epidemic.


    The Sichuan delegation, led by the main leaders of the People’s Government of Sichuan Province, led by the Office ofForeign Affairs Committee of Sichuan Provincial Committee of the CPC, the SichuanProvincial Department of Commerce, the Provincial State-owned Assets Supervision and Administration Commission, the Provincial Bureau of Economic Cooperation and other units took the flight, and attended meetings in New Zealand, Chile, and Brazil, where a series of economic, trade and cultural promotion and exchange activities were held.


    In New Zealand, on the occasion of the 10th anniversary of the establishment of a comprehensive strategic partnership between China and New Zealand,

    nearly 200 representatives from Chinese and New Zealand government agencies, enterprises, and business associations gathered in Auckland to discuss cooperation in areas such as industrial investment, import and export trade, technological innovation, and educational talent.To seek common development, 8 cooperation agreements were signed.



    As the first developed country to sign a bilateral free trade agreement with China, New Zealand has a first-mover advantage.

    Since the implementation of the agreement in 2008, the bilateral trade volume between China and New Zealand has grown at an average annual rate of 11%.

    China has remained New Zealand's largest trading partner, export market and import source for more than ten consecutive years.

    In recent years, the trade scale between Sichuan and New Zealand has remained above 200 millionUSD, with New Zealand’s direct investment in Sichuan reaching 16.77 million USD. Nearly 10 Sichuan companies have strategic layouts and actual investments in New Zealand.


    The event also generated a number of investment and cooperation intentions, and New Zealand companies planned to carry out more than 10 investment and cooperation projects in Sichuan.


    In Chile, Sichuan companies signed 7 cooperation project agreements with local sites, involving agriculture, education, manufacturing and other fields.


    In Brazil, 6 projects were signed at the event, involving cooperation areas such as home appliances, soybeans, and coffee.


    Sichuan's trip to three countries in the southern hemisphere is a new area of ​​cooperation opened up bythe province's initiative for globalization. It is also another concrete practice for Sichuan to expand investment channels, aggregatemerchant resources, and introduce more high-quality foreign investment projects.


    According to incomplete statistics, during Sichuan's economic and trade investment activities in three countries in the southern hemisphere, more than 300 companies conducted on-sitedocking, further opening up Sichuan's market space for foreign investment and foreign trade in the southern hemisphere.


    Netizens overseashave conveyed positivewishes to the trade activity across the southern and northern hemisphere: