Hu put forward five proposals to boost Sino-Latin American ties.
Secondly, to deepen mutually beneficial cooperation in economy and trade, China and Latin America should optimize trade structure and increase mutual investment, especially in the fields of manufacturing, infrastructure construction, energy, minerals, agriculture and high technology, said Hu.
Under the current complex international financial and economic situation,
Fourthly, Hu said
Both sides should carry out pragmatic cooperation in poverty reduction, education, social security, medical and health care, environmental protection and disaster relief, he said.
Finally, both sides should take effective measures to deepen and boost cooperation in culture, sports, media and tourism, said Hu.
The Chinese leader arrived in
During his speech, Hu said that to forge the comprehensive cooperative partnership, both sides should first grasp the theme of common development because development is a basic way to improve people's well-being and promote social development.
He added that both
The president said that to forge the comprehensive cooperative partnership, both sides also need to pursue the basic principle of equality and mutual benefit.
Hu stressed that innovation and all-round cooperation are also required to build China-Latin America comprehensive cooperative partnership.
He added that
Hu said that he has agreed with his Peruvian counterpart Alan Garcia to build a strategic partnership between the two countries.
"We have agreed to build a China-Peru strategic partnership and strive to deepen and enrich the mutually-beneficial cooperation between the two countries in all fields," Hu said.
Recalling the long history of friendship between the Chinese and Peruvian peoples, Hu said their mutual political trust is ever expanding and cooperation and exchanges in various fields is developing rapidly in an all-around way.
Hu had talks with Garcia on Wednesday afternoon on efforts to expand mutually beneficial cooperation and further develop bilateral relations.
"We've come to the agreement that
"I made it clear that
Hu thanked Latin American countries for their aid during the devastating earthquake in southwest
Hailing the rapid expansion of trade between China and the region, Hu noted that their trade reached the threshold of 100 billion U.S. dollars last year, an over ten-fold increase compared to 10 years ago.
In addition, their cultural exchanges continue to grow with an increasing number of events featuring each other's cultures and more tourist arrivals and exchange students, Hu said.
Confucius Institutes have been set up in more and more Latin American nations and many renowned media in the region have set up their branches in
The mutual understanding and friendship between the Chinese and Latin American peoples is ever deepening, while the foundations of their ties have further consolidated and