Mexico | Strengthening Cooperation in Smart Economy and Technology with China

Mexico is strengthening cooperation with China, making progress in enhancing their bilateral relationship through the smart economy, a model that integrates technology, innovation and digitilazion as engines of development, according to Canal 6Tv, television channel based in Ixtapaluca, that covers the most important events in the eastern part of the country. 

The two countries are deepening collaboration in smart economy, technological advancement, and green development, pivoting from traditional trade to high - tech manufacturing, specifically in electric vehicles, lithium, and digital infrastructure among others. 

Key partnerships focus on integrating Chinese manufacturing technology with Mexico’s industrial footprint for regional supply chains, with major investments from firms like BYD and LGMG. 

This was highlighted during the event “Opportunities for the Development of the Smart Economy between China and Mexico”, organized by Xinhua New Agency in Mexico City.  

China’s ambassador to Mexico, Chen Daojang, pointed out that his country promotes high - quality growth with emphasis on the digital economy and new productive forces,  mentioning areas such as industrial automation, intelligent public management and technological innovation.  

The official said that China is an active explorer of innovative practices in the smart economy at the global level, while Mexico is a relevant driver of the development of artificial intelligence (AI) in Latin America. 

The Chinese diplomat also raised the need to create joint laboratories, strengthen supply chains and link universities with companies.  

The seminar made it clear that the smart economy is not only a technological issue, but also a political and social one, and that the bilateral relationship is still in the consolidation phase. 

In 2013 Mexico and China agreed to raise their bilateral ties to the level of a comprehensive strategic partnership, responding to a series of pending priorities in multiple sectors.

Key Areas of Cooperation

•    EVs and Technology: China aims to establish in Mexico a manufacturing hub for North America, with major EV makers like BYD and suppliers investing in local production. 
•    Green Infrastructure: Collaboration in expanding into solar energy, battery storage , and smart grid technology. 
•    Digital Economy: Both nations are developing a, “low – carbon industrial ecosystem” focused on AI – driven manufacturing and sustainable production. 
•    Strategic Alignment: Cooperation is solidified through a Joint Working Group on Investment Cooperation, focusing on digital and green sectors. 
Drivers for Collaboration: 
•    Investment and Markets: Mexico offers a strategic location for Chinese companies seeking to serve the North American market under USMCA rules, while China brings industrial capacity and capital. 
•    Technology Sharing: The focus is on transferring manufacturing expertise to improve Mexico’s industrial capabilities, including investments in, “strategic industrial sectors,”such as robotics and logistics technology. 
•    Supply Chain Resilience: Both nations are enhancing cooperation in financial services and advanced manufacturing to ensure stable logistics and industrial, “smart solutions. 

The partnership between the two countries is evolving, with an increasing focus on developing a comprehensive, “digital economy and green, “low carbon” foundation to support future bilateral growth

Link 
https://tvbrics.com/es/news/m-xico-y-china-fortalecen-cooperaci-n-en-econom-a-inteligente-y-tecnolog-a/

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Mexico | Strengthening Cooperation in Smart Economy and Technology with China

Mexico is strengthening cooperation with China , making progress in enhancing their bilateral relationship through the smart economy, a mode...