for Industry and Trade, Rogelio Garza, has highlighted some investment opportunities
in the industrial and manufacturing sectors during the Sixth China Overseas
Investment Fair (COIFAIR), held in Beijing, China.
As part of his
program of activities in China, Rogelio Garza, Undersecretary of Industry and
Trade of the Secretariat of Economy, gave a seminar on investment opportunities
in the industrial sector of Mexico, within the COIFAIR.
To officials and
executives from over 60 companies, Undersecretary Garza emphasized the
opportunities that the favorable economic environment of our country and the
ongoing structural reforms provide for foreign investment, underlining the
potential participation of Chinese capitals in the global chains of value for
the automotive, aerospace, electrical, electronic, chemical and metallurgical industries,
in which Mexico has a leadership position.
COIFAIR is an
excellent platform to promote Chinese investment overseas, organized and led by
the National Commission of Development and Reform (CNDR, by its initials in
Spanish), which is the highest authority responsible for the economic planning
seminar, the Ambassador of Mexico in China, Julián Ventura, said that the
seminar is part of the specific actions agreed by the presidents Enrique Peña
Nieto and Xi Jinping, in order to develop an ambitious investment agenda and
identify innovative mechanisms to increase exchanges in the industrial and
manufacturing areas of priority interest for both countries.
As part of its
activities in China, the Undersecretary Garza visited the Zhongguangcun Science
Park in Beijing, to explore the possibilities of the bilateral cooperation in
This park is a
public initiative to encourage the development and scientific and technological
innovation. It covers an area of over 16 thousand square meters and houses more
than 200 leading companies with more than 1,000 scientific innovations in new
energy, transportation, medical and electronic sciences, among others.
In 2013, China was
among the first global investors, placing capital abroad by a record number of
over 100 billion dollars.