Chile hopes to increase Chinese investment

Chile is eager to boost bilateral investment and trade of agricultural products with China to diversify bilateral economic cooperation, Chilean Ambassador to China Luis Schmidt said in an exclusive interview with China Daily.

Schmidt has started contacting senior officials from the Chinese Ministry of Commerce and Ministry of Agriculture, in preparation for Premier Wen Jiabao's visit to Chile, which was to begin late on Monday.

China and Chile established diplomatic relations in 1970, making Chile the first South American country to form diplomatic ties with China.