Mexican businesses see greater potential for cooperation amid close bilateral ties: chamber head
Mexican businesses see greater potential for cooperation amid close bilateral ties: chamber head
Mexican businesses see greater potential for cooperation with Chinese partners and are ready to further tap into the Chinese market, said Victor Cadena, executive vice president of the Mexican Chamber for Commerce in China (Mexcham China).
The remarks were made as Sergio Gutiérrez Luna, president of the Chamber of Deputies of Mexico, led a delegation to China from Monday to Friday at the invitation of Zhao Leji, chairman of China’s National People’s Congress Standing Committee, the Xinhua News Agency reported. His visit comes just after the conclusion of the fourth ministerial meeting of the China-CELAC (the Community of Latin American and Caribbean States) Forum in Beijing last week. Mexican Foreign Minister Juan Ramón de la Fuente attended the event alongside other Latin American government officials.
“The intensive interactions with government officials and businesses send a clear and powerful signal to the business community that political ties between the two key trading partners remain robust despite global challenges,” Cadena said. “It also highlights China’s ongoing commitment to openness and inclusivity in its economic relations with Latin America and the Caribbean.”
Business interactions are also intensifying, as more and more Mexican companies seek to seize opportunities in the Chinese market, while many Chinese firms are looking to invest in Mexico, according to Cadena.
“From our chamber’s side, we continue to participate in trade and fair expos basically during all the months in China, and we’re actively involved in business seminars almost every week,” Cadena said.
Next month, the chamber will participate as a country exhibitor in the 26th China Qinghai Investment and Trade Fair, to be held from June 25-29 in Xining, Northwest China’s Qinghai Province. Mexico is the guest country of honor, and Mexcham China will lead a large business delegation to the event.
“So, I’d say the ties are strong and dynamic, both politically and economically, which sends very positive signals,” the chamber head said.
China is Mexico’s second-largest trading partner, while Mexico is China’s second-largest trading partner in Latin America. According to China’s General Administration of Customs, bilateral trade reached $109.43 billion in 2024. The two sides maintain close trade cooperation across a range of sectors, from electronic components to auto parts and energy.
“Both Mexico and China are very important trading partners for each other with high complementarity across industries. These underline the mutual importance of the relationship,” Cadena said, noting that the Chinese market is not only relevant but strategic for Mexican businesses.
China has demonstrated a clear commitment to openness and a strong desire to continue promoting trade and investment across the Latin American and Caribbean region, Cadena said.
Source:Google News
