Chile’s Foreign Minister Antonia Urrejola and Secretary of State for International Economic Relations José Miguel Ahumada attended, while the Asian nation was represented by Vice President of the National Development and Reform Commission Lin Nianxiu.
During the meeting, the parties reviewed the goals proposed in the third edition of the dialogue and explored new development opportunities in areas where both nations have strengths, as well as current international trade challenges.
Urrejola reiterated that the dialogue is a valuable opportunity to develop relations beyond the commercial sphere.
The official indicated that since 2009, China has been the top trading partner, where 34 percent of Chile’s world trade is concentrated, totaling $64,608 million at the end of 2021.
Undersecretary Ahumada highlighted the increase in foreign direct investment of Chinese origin in the country to 19 billion dollars, and with it the growth of bilateral financial activities.
Representatives of both governments agreed to maintain and expand cooperation in copper smelting technology and lithium resource development, among others, while benefiting from their technical expertise in this area.
On the energy issue, the cooperation commitments related to the use and development of clean energy, improving the efficiency of transmission and distribution chains, and promoting the use of electric cars stand out.
They also suggested increasing knowledge sharing in research, technology development and conservation of green hydrogen, Ahumada added.
Eventually, the parties agreed to work together on narrowing the digital divide, innovation in 5G technology, artificial intelligence, and storing and managing large amounts of information known as big data.
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