Not Just Resources &Nbsp; China And Brazil'S Economic And Trade Upgrading "Strong Appeal".

Standing in the Acu industrial area of Rio De Janeiro, Brazil, there is only one newly built bridge and busy Park builders in addition to a lot of land called "protected areas" and several simple houses.

"Now more than 2000 workers are working 24 hours a day to build iron ore wharves in industrial areas."

Hanbot Rebello, manager of port maintenance at LLX company in Brazil, told the first financial daily.

An area of 90 square kilometers in the ASU port industrial area can occasionally see Chinese figures.

"They are sent by the Shanghai Shipping Bureau of China Communications Construction Group to participate in the project of assu port," Rebello said. "In the future, we should see more Chinese figures."

　　期望資源領域之外的合作

China's largest investment project in Brazil, Wuhan iron and steel (Group) company, has invested 5 billion US dollars to build a large steel mill in the assu port industrial area.

According to Rebello, the steel plant was built next to a mine invested by Wuhan Iron and steel company in 2009, and is expected to be built in 3 years, with an annual capacity of 5 million tons.

"This is a good case for China and Pakistan to complement each other."

Sergio Bmaral, chairman of the China Brazil chamber of Commerce (hereinafter referred to as "CMB"), told our reporter that Brazil has abundant natural resources, but it has not been fully developed, and China has resource requirements and sufficient funds. The Sino Pakistani cooperation in building steel works in Brazil is not only close to the upstream raw material producing areas, but also can avoid the logistics cost of pporting iron ore to China.

"But we do not only want to cooperate with China in the field of resources."

Bmaral produced a "Brazil investment guide" to draw the focus for journalists. "We hope to have more comprehensive and diversified cooperation - agriculture, energy, finance, logistics, shipbuilding and service industries."

In fact, in April of this year, Chinese President Hu Jintao and President Lula of Brazil signed the joint action plan for 2010 to 2014 in Brasilia, capital of Brazil, and a number of cooperation agreements involving economic and trade, satellite resources and space, agriculture, energy and communication technology. This is the latest "action plan" for the comprehensive upgrading of China Pakistan cooperation.

"The signing of the joint action plan from 2010 to 2014 will further strengthen the confidence of China and Pakistan and make the two countries trade more diversified."

Bmaral said.

Shanghai World Expo has also given China Pakistan enterprises the opportunity of "zero distance" contact.

On the 2 day of the month, on the day before the National Pavilion Day in Brazil, World Expo, a large-scale Seminar on "Brazil China 2010 facing the future: trade investment business opportunities" was held in Shanghai.

Guido Mantega, Minister of finance of Brazil, Ma Xiuhong, Vice Minister of Commerce of China and Edemir Pinto, chairman of St Paul stock exchange of Brazil, have all expressed their expectations to enhance bilateral trade and investment relations between China and Pakistan.

"We will also hold forums such as finance and industry."

Marcos Paiva, Consul General of Brazil, said: "the geographical distance between China and Brazil is very remote, so we need more communication and communication."

He said that there were about 100 entrepreneurs in Brazil who participated in the 2 day seminar. "We want to cooperate with large and medium sized enterprises such as Wuhan Iron and steel company, and we also want to cooperate with China's small and medium-sized enterprises."

　　提升雙邊貿易訴求強烈

In the past 6 years, the bilateral trade volume of China and Pakistan has increased by 433%, reaching 36 billion 100 million US dollars in 2009, and China surpassed the United States as Brazil's largest trading partner.

"In 2009, Brazil sold 7 billion dollars of iron ore to China."

Ivan Ramalho, Vice Minister of development, industry and foreign trade of Brazil, told reporters earlier that second to four of Brazil's exports to China were soybeans, oil and leather. The main imports from China were auto parts, machinery and equipment and parts, compressors and so on.

An official of the Ministry of Commerce of China also told our correspondent that China's trade deficit with Brazil was serious. In 2009, it exceeded $4 billion, and the structure of China's imports was single, and more than 70% were iron ore and soybeans. "Brazil's contribution to China's foreign trade is not great." BRIC "other three countries ranked ten in China's export volume, and Brazil is ranked last in the three countries."

Therefore, China also hopes to carry out two-way investment with Brazil in agriculture, energy, industry, infrastructure and other industries.

Obviously, the two countries have increasingly strong demands for bilateral trade.

In February 2009, the China Development Bank and Sinopec Group signed a three year agreement with the Brazil Petroleum Company for a period of 10 years, 10 billion US dollars for loans and oil.

In May of that year, Sinopec Group signed a memorandum of understanding with Brazil Petroleum Company and obtained the right to explore two oil blocks in the northern para - Brazil basin.

In July of that year, WISCO started construction of steel works in assu port.

Bmaral said, in fact, China and Pakistan have made significant progress in cooperation in scientific research, satellite and aircraft manufacturing.

About 100 kilometers away from St Paul, St. Jose - duth Kamps - St Paul is a famous scientific research base in Brazil, and the Brazil National Space Research Institute (INPE) and the Brazil Aviation Industry Corp (Embraer), which have been working with China all the time, are located here.

At present, Embraer, as a medium-sized commercial aircraft and a manufacturer of public and military aircraft, has joined the AVIC group of China Aviation Industry (AVIC II) and has set up an Embry Aircraft Industry Co., Ltd. in China.

Embraer also provides regional aircraft for Chinese airlines.

　　世界杯、奧運帶來基建機遇

"The 2014 World Cup and 2016 Olympic Games also have many investment opportunities."

Bmaral said.

The Maracana, which can accommodate about 100000 spectators, is a famous scenic spot in Rio De Janeiro, a famous city in Brazil.

This stadium will be the final venue for the 2014 World Cup and the main venue for the 2016 Olympic Games.

However, this stadium, built in the 50s of last century, is obviously unable to compete.

"The government supports us."

Richard Chad, manager of the Brazil Olympic Organizing Committee's service regulation, told the reporter that "Rio De Janeiro now has 56 stadiums and 24 new ones.

The station and airport will also be renovated. "

Due to the development of Brazil's aircraft manufacturing industry, Brazil's highways and railway systems are relatively backward. "Before the 2014 World Cup, Brazil will build a high-speed rail (high-speed rail civil aviation competition) to connect Rio De Janeiro and St Paul, with a total length of 500 km."

Bmaral said that Chinese enterprises are expected to win the bid, "because they have technology and capital."

"We have good roads and air networks, but we have forgotten the railways before.

Therefore, the key traffic construction project now is the railway.

Bmaral stressed that the importance of the aforementioned high speed rail is that "it is a 'ticket' to any railway construction enterprise leading to other Brazil railway projects."

He said that Brazil has the potential demand for building a 200 thousand kilometre railway. "If we want to win a broader and important market, we must first take the first step."

Besides high-speed railway, Brazil also needs a large amount of foreign investment in other infrastructure projects such as energy, ports and airports.

Amrau said that in World Expo, Shanghai, the CMB chamber of Commerce will specifically hold seminars for Chinese enterprises in infrastructure investment in Brazil.