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Relations of global significance

By Sun Hongbo | China Daily | Updated: 2011-05-27 07:29

China and Brazil should optimize investment structure and promote diversity of bilateral trade and exchanges

Since the establishment of the bilateral strategic partnership in 1993, especially since the start of the new century, ties between China and Brazil have developed rapidly, with frequent exchanges at different levels and various kinds of dialogue mechanisms maturing. Both countries have also continuously made new headway in pushing for bilateral economic and trade cooperation and maintained unblocked communications and coordination on a variety of global issues.

Sino-Brazilian ties have already gone beyond the bilateral scope and evolved into a relationship of global significance. This is partly the result of the multi-polarization of the international political pattern and the growing economic interdependence among world members. The formation of the world's new economic growth centers, led by some emerging economies, has also contributed to a closer bilateral relationship.

Relations of global significance

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