Sino-LatAm community of common destiny based on equality, mutual trust

"With international cooperation in production capacity as a starting point, we need to promote change in the economic and trade growth models, and create an updated model of Sino-Latin American cooperation," Li said on his visit to Brazil last week.

In the past 30 years, China's process of industrialization and urbanization spurred the export of Latin America's raw materials. With growing manufacturing level, production capacity and credit strength, China nowadays is bringing capital and technology to Latin America and promoting infrastructure construction and industrial modernization in the region.

Such a win-win cooperation demonstrates that China and Latin America are establishing a community of common destiny with shared goals and joint efforts.

The two sides have also developed a clear roadmap for the process, which is marked by notable efficiency.

In July 2014, during an official visit to Latin America, China's President Xi Jinping proposed a new "1+3+6" formula to promote bilateral cooperation, which focuses on cooperation of trade, investment and financing.

In January 2015, the first ministerial meeting of the China-CELAC (Community of Latin American and Caribbean States) Forum approved a five-year plan for Sino-Latin American cooperation.

Four months later, Premier Li visited Latin America, bringing hundreds of millions of U.S. dollars' fund for the launch of infrastructure projects and proposed a new model of production capacity cooperation.

The clear roadmap indicates both sides' sincerity toward building a Sino-Latin American community of common destiny based on equality and mutual trust.

Such a community would not only be linked economically, but also connected by enhanced people-to-people exchanges.

At a forum held in Colombia, Li said his presence there aimed to promote not just cooperation and innovation, but also to forge closer ties between the Chinese and Latin American people.