China, Brazil to boost investment, trade cooperation in multiple sectors

BEIJING, May 24 (Xinhua) -- China and Brazil have agreed to boost cooperation in a number of sectors, including agricultural product trade, low-carbon and clean-technology investment, as well as the digital economy, concluding the agreements at a high-level bilateral meeting on Monday.

China's Commerce Ministry listed the deals on Tuesday along with other outcomes from the sixth meeting of the China-Brazil High-level Coordination and Cooperation Committee (COSBAN).

Also listed were agreements on two key bilateral documents: the China-Brazil strategic plan 2022-2031 and the China-Brazil implementation plan 2022-2026.

The Chinese and Brazilian government departments signed documents to jointly improve tax services for cross-border businesses, strengthen bilateral trade on agricultural products, deepen cooperation on pesticides, and boost investment in the low-carbon and clean-technology sector, the list shows.

The two countries also agreed to discuss greater integration regarding the digital economy, push for cooperation on scientific innovation, collaborate on industrial and supply chains, and enhance digital-technology exchanges.

The sixth COSBAN meeting was co-chaired by Chinese Vice President Wang Qishan and Brazil's Vice President Hamilton Mourao via video link.