Chinese Foreign Minister Wang Yi took the stage in Beijing this week with a bold vision: unite China and Latin America and Caribbean (LAC) nations to build a mega market of roughly 2 billion people. At the fourth ministerial meeting of the China-CELAC Forum, Wang called this partnership “a new engine for growth” and a catalyst for global prosperity.
Why it matters: a mega market of this scale could reshape international trade, technology exchange, and investment flows. Wang emphasized that China will keep widening its doors through high-level opening up, sharing the momentum of Chinese-style modernization with all partners.
The forum’s decade-long journey has created a robust institutional framework for China-LAC cooperation. Wang urged both sides to:
- Broaden cooperation areas from infrastructure to digital innovation
- Improve collaboration quality with sustainable, people-centered projects
- Enter the next “golden decade” of the China-CELAC Forum
Against a backdrop of rapid global transformation, Wang highlighted the shared role of China and LAC nations in promoting a multipolar world and democratizing international relations. He called for deeper solidarity to tackle economic turbulence, climate challenges, and to inject positive energy into global peace and development.
For young entrepreneurs, digital nomads, and changemakers, this mega market vision opens new frontiers: imagine cross-continental startups, green energy projects in the Caribbean, and data-driven supply chains linking SĂŁo Paulo to Shanghai. As the China-CELAC Forum marches toward its next chapter, the stage is set for a wave of innovation and inclusive growth that could redefine global markets.
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Wang Yi urges China, LAC nations to join hands in building mega market
cgtn.com
