representation of the Secretary of Economy, Ildefonso Guajardo Villarreal, the
Undersecretary of Foreign Trade, Francisco de Rosenzweig, made a working tour
to the cities of Tianjin and Beijing, in China, where he attended the Eight
Annual Meeting of New Champions 2014 of the World Economic Forum (WEF) and the
Sixth Investment Forum China -Latin America, where he held meetings with
representatives of the Chinese government and entrepreneurs from the textile
industry of Mexico and China.
In the framework of
the Eight Annual Meeting of New Champions, organized by the WEF, from 10 to 12
September in Tianjin, which brought together about 1,500 business leaders from
more than 90 countries, the Undersecretary held meetings with government
representatives and leaders business with global reach.
He also opened in
Beijing the Sixth Investment Forum China -Latin America organized by Latin
Finance, where he highlighted the positive impact that the structural reforms
will get in competitiveness and in a greater participation of the Mexican
manufacturing sector in the global value chains.
Also, he stressed
while chairing the panel discussion "How to increase capital flows between
China and Latin America", that the preferential access of Mexico, due to
its network of free trade agreements, represents a unique opportunity to deepen
the economic relationship between China and Latin America, considering the
importance of China's investment abroads, which in 2013 reached 100 billion
Also in Beijing,
the Undersecretary Francisco de Rosenzweig met with his counterpart from the
Ministry of Commerce, Zhang Xiangchen to strengthen the bilateral economic
dialogue and advance in the preparations for the Sixth Standing Binational
Committee Mexico-China, to be held in Mexico City next September 29.
On the other hand,
the Undersecretary Francisco de Rosenzweig, and the Customs General Manager,
Alejandro Chacón, held a working meeting with the Deputy Minister of the
General Administration of Customs of China, Hu Wei, to encourage the exchange
of information on foreign trade operations to combat practices of
undervaluation of goods.
As part of the
visit, the Undersecretary Francisco de Rosenzweig and the President of the
National Chamber of the Textile Industry of Mexico (CANAINTEX, by its initials
in Spanish), Moses Kalach, held meetings with representatives of the textile and
garment industry to increase the exports of Mexican products in China.
China is the second
largest trading partner of Mexico and the fourth export destination of our
country. The bilateral trade amounted to $ 67,791,000 during 2013.