Panel presentation :

After a decade of quick growth, China-Latin America economic cooperation entered into a new stage. Until 2012, the bilateral cooperation was dominated by the trade which was based on the natural comparative advantages. However, with the exhaustion of such natural complementariness, there leave less room for the imbalance collaboration, especially under the background of global economic downturn and a slowing Chinese economy. In this period, while the trade getting slower and the FDI speeding up, the cooperation is restructuring on a more balanced way. The panel, with the topic “China - Latin America Economic Cooperation: Creating Dynamic Complementariness” will make a discussion on the reason, driving force and future direction of the current transformation. The panel is to include 5 sub-topics: (1) background: the integration between Asia and Latin America; (2) new trade: analyze the trade from 3 dimensions of value, volume and products type; (3) capacity cooperation: the trend of bilateral cooperation in the manufacturing industry; (4) technology cooperation: the motivation for cooperation upgrading; (5) future: prospect of the future economic cooperation. Through these analyses, the panel argues that China- Latin America is creating a dynamic complementariness through its internal upgrade. Different from the traditional complementariness, the new one bases upon the cooperation under the global value chain. It's thus the result of a deepened economic and industry integration between China and Latin America. Such adjustment, which might pull down the short term cooperation performance, will have a profound promoting effect on the long-term economic cooperation.