Economic ties with Latin America grow

China's economic cooperation with Latin America is accelerating due to the country's expanding domestic demand and the region's economic restructuring, according to the Ministry of Commerce.

"Latin America is a vibrant and promising market. China and Latin America highly complement each other economically," a ministry official said.

"China's huge domestic market has a great future, while Latin American countries are restructuring their economies and boosting infrastructures. This is not only an important base for further expanding China-Latin America economic cooperation, but also the biggest advantage for cooperation in the near future."