Chinese enterprises to help Venezuela pursue balanced economic model

Sharing of historical photos and warm handshakes concluded the meeting between President Nicolas Maduro and the delegation of 11 Chinese companies on August 6 in Caracas, which resulted in bilateral promises to intensify Beijing’s economic presence in this South American nation.

(Soundbite): Nicolas Maduro, Venezuelan President
“We have built a miracle in our cooperation particularly by China’s financing for the development of our country. It also has helped Beijing to deepen its relations with Latin America and the Caribbean.”

While wrapping up their week-long agenda, the Chinese delegation was further committed to deepening current cooperation and exploring new areas in conjunction with the Venezuelan government.

(Soundbite): Liang Wengen, Founding President of Sany Group Co.
“We not only want to be partners with Venezuela, but become builders of this great country.”

Meanwhile, Maduro confirmed to the delegation that Beijing and Caracas have founded a “perfect cooperative agenda” marked by respect and mutual benefit.

The Chinese entrepreneurs reaffirmed their determination to contribute to Venezuela’s development of a new and balanced economic model, with agreements signed during their trip focusing on various technological transfers.

These globally-recognized Chinese companies will invest in the fields of oil, energy, heavy machinery, agriculture, food, as well paper and medicine production in Venezuela.

Leave a Comment