On-site contract signing amounts to RMB 12 Billion at China (Zhengzhou)-Brazil Economic and Trade Cooperation Promotion Conference

Zhengzhou: On August 26 (Brazilian local time), the China (Zhengzhou)-Brazil Economic and Trade Cooperation Promotion Conference was held in Brasilia, the capital of Brazil. The cumulative on-site signing amount of cooperation projects reached 12 billion yuan (RMB).

In recent years, Zhengzhou City, Henan Province has focused on institutional opening-up, deeply integrated into the joint construction of the “Belt and Road” Initiative, advanced the high-standard development of the Free Trade Zone (FTZ) 2.0 version, and synergized the “Four Silk Roads” (Air, Land, Online, and Maritime) to continuously expand high-level opening-up. In particular, the trade exchanges with Latin America and the Caribbean (LAC) have been frequent. In 2024, Zhengzhou’s total import and export volume with LAC reached 29.28 billion yuan (RMB), of which the import and export volume with Brazil amounted to 4.96 billion yuan (RMB). The hosting of this event will further deepen China-Brazil friendship, continuously expand bilateral economic and trade exchanges, and create a new chapter in communication and cooperation.

At the event site, Chinese and Brazilian enterprises signed a total of 4 cooperation projects with a signing amount of 12 billion yuan (RMB). Among them, China Oil & Foodstuffs Corporation (COFCO) International, Zhengzhou Agricultural Development Group CO., LTD, and Century Commodities Solution (CCS) Henan Grain and Oil CO., LTD signed a strategic cooperation agreement focusing on integrating agricultural industry chain resources. Henan Zhonghe International Trade Co., Ltd., Henan Dingshenghe International Trade Co., Ltd., Barra Mansa Comércio De Carnes E Derivados Ltda, and Naturafrig Alimentos Ltda signed beef procurement contracts. Henan Dingshenghe International Trade Co., Ltd. signed a cooperation agreement for the “Brazil Beef Road” activity with Brazilian Beef Exporters Association. And Century Commodities Solution (CCS) Henan Grain and Oil CO., LTD and Hang Tung Resources Limited respectively signed soybean procurement contracts.

At the promotion conference, Zhengzhou also introduced the preparation status of the 18th China-LAC Business Summit to be held in Zhengzhou in November this year, and extended a sincere invitation to the attending guests and Brazilian entrepreneurs to discuss win-win cooperation and development strategies together.