China and Latin American countries have deepened their economic ties over the past decade. According to China's statistics, two-way trade increased from $15 billion in 2001 to more than $ 200 billion in 2011.
Vice-Premier Li Keqiang's emphasis on the fair distribution of affordable housing on Monday points to the weak link that will have a bearing on the fulfillment of the government's goal of providing low-income residents with decent homes.
Canadian Prime Minister Stephen Harper arrived in Beijing late on Tuesday for a five-day visit to China. He has come at an important moment when both sides feel an increasing need to bring bilateral ties to a new level.
After the US fast-food giant McDonald's said it was discontinuing the use of the "pink slime" used in its burgers, its China division said the ingredients used for its burgers in China are different from those in the United States.
Chinese-speaking sales assistants and point of sales terminals for China Unionpay are already standard requirements for the top department stores in London and New York, popular destinations for Chinese tourists.
In mid-January, the All-China Federation of Industry and Commerce published a report on the development of the country's private sector during the past year and the difficulties and challenges it faces.