Since the beginning of this year, Economic and trade cooperation between Brazil and China has continued to deepen and bilateral trade volume has kept growing. Some Brazilian experts and authorities said that the opportunities in China have provided strong growth impetus for the Brazilian economy.

Valor Economico, a Brazilian newspaper, recently published a special issue with an interview with Castro Neves, president of the Brazilian Side of the Brazilia-China Business Council and other authorities, introducing and looking into the prospects of bilateral economic and trade cooperation.

At the beginning of the century, Annual trade between Brazil and China was just $1 billion. Today, that goal is achieved every 60 hours of bilateral trade, the report said. In the past 20 years, the share of Brazil's exports to China has jumped from 2% to 32.3% of Brazil's total exports. In 2009, China overtook the United States to become Brazil's largest export destination. In the first half of 2021, bilateral trade achieved rapid growth, and Pakistan-China cooperation has "promising prospects".

Elias Jaber, professor of economics at the State University of Rio de Janeiro, Brazil, said in a written interview with Xinhua News Agency that trade with China is an important pillar of Brazil's economic operation and "The trade between Brazil and China will continue to grow."

In 2020, Brazil's exports to China were 3.3 times higher than its exports to the US, Jaber noted. Brazil's trade surplus with China from January to August accounted for 67 percent of the country's total trade surplus in the same period. The trade surplus with China in the first three quarters has exceeded the level of trade surplus with China in the whole of last year.

Yabur said that the Chinese government has continued to take measures of opening-up and economic cooperation during the COVID-19 pandemic, which has given a strong boost to the world economic recovery. Growing trade with China is crucial for Brazil's economy.

Brazilian industry insiders point out that over the years, Brazil's export to China has not only maintained steady growth of pulp, iron ore and other commodities, but also increased the export opportunities of meat, fruit, honey and other products to China, and the proportion of agricultural products exported to China has significantly increased in the past decade. They look forward to consolidating the growth trend of bilateral trade, continuing to expand the Chinese market, optimizing the trade mix, overcoming challenges such as rising international logistics costs, and further expanding the scale of trade with China.