The agencies highlighted the importance of both countries continuing to explore trade and investment opportunities to strengthen bilateral ties through strategic sectors such as electromobility, information technology, aerospace, sustainable investments and nearshoring (bring production chains closer together).
China is the 22nd investor in Mexico, with an accumulated amount that represents 0.27% of direct foreign investment in Mexico, highlighted the dependence. The subseretaria de la Mora pointed out that the objective of the GANE is to direct efforts in favor of the growth of both countries.
In 2020, Mexico received 198 million dollars (million dollars) of Chinese investment; From January to June of this year the amount was 102 million dollars. With regard to trade, last year Méixco sold the Asian giant $ 7.604 million and bought $ 71.804 million from it; During the first six months of 2021, Mexico sold 4.098 million dollars to China, according to figures from Data Mexico.
Authorities of the two countries agreed to maintain cooperation to support the resumption of production and flow of people, restricted by the crisis caused by COVID-19, they also said that they will continue directing efforts towards bilateral economic recovery and, at the same time, safeguard people’s health and lives.
This was the first time that the academy participated, through the UNAM’s Center for China-Mexico Studies.
