Ecuador promoting business with China

chinadaily.com.cn reported that Vice-President Jorge Glas of Ecuador, who is currently visiting China, encouraged more Chinese investment in his country, which is a business gateway to Latin America. Glas spoke during an economic forum on Wednesday in Beijing that was sponsored by the China Council for Promotion of International Trade. Ecuador and China share complementary economic structures, Glas said. The Latin American country is shifting from natural resources to advanced industrialization as its prime economic driver. This will provide rich opportunities for Chinese investors, Glas said.
He expects cooperation to expand in such sectors as construction, metallurgy, petrochemicals, shipping and pharmacy.
Ecuador will soon provide visa-free services for Chinese tourists, Glas said. Read Article

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