Chinese President Xi Jinping and Peruvian President Dina Boluarte have reaffirmed their nations' deepening ties. The two leaders on Thursday celebrated the 53rd anniversary of the establishment of diplomatic relations between the two countries and vowed to explore new fields of cooperation. The thriving economic ties between the two countries are based on the bond between both peoples. CGTN's Zhao Yunfei has more.

A warm welcome, and a grand ceremony.

President Xi Jinping was received and greeted by President Dina Boluarte at the Government Palace. During their meeting, President Xi vowed to promote pragmatic cooperation by boosting both trade and investment.

For 10 consecutive years, China has been Peru's largest trading partner, thanks to a free trade agreement signed in 2009, making Peru the first Latin American country to sign a package of free trade agreements with China.

Now, the two leaders have witnessed the signing of the upgraded version of the agreement, paving way for a more flexible environment for investment.

In a declaration titled "deepening comprehensive strategic partnership," the two countries have vowed to boost cooperation in infrastructure, energy and the mining industry and explore new areas of collaboration such as the digital economy and innovation.

ELMER SCHIALER SALCEDO Minister for Foreign Affairs of Peru "China is a very big investor, not the biggest one, but a very big investor in Peru, and we have so many opportunities to invest in infrastructure."

The two presidents attended the inauguration ceremony of the Chancay Port via video link.

It's Latin America's first smart port, and it's expected to enable Peru to put in place a multi-dimensional network of connectivity. In an article published in Peru's official daily newspaper El Peruano, President Xi wrote that concrete actions have proved that Beijing is Lima's trustworthy friend.

KEVIN XU Chair, APEC 2023 Host Committee CEO, MEBO International "The key here is how we put people first. That's the current situation we have in Latin America. What the people here need that can actually inspire both sides to find out ways to support. China is gradually moving towards this direction."

ZHAO YUNFEI Lima "Despite being on the other side of the world, Chinese President Xi Jinping says Peru is China's neighbor across the Pacific. Peru has been a key gateway for China to develop ties with the rest of Latin America."

President Xi arrived in Lima on Thursday, kicking off his sixth visit to Latin America as Chinese President. Fifty-three years ago, Peru was one of the first Latin American countries to establish diplomatic relations with China.

President Xi said he believes that the visit will take the two countries' relationship to a new level and that both sides should push for more achievements in their practical cooperation in various fields. Zhao Yunfei, CGTN, Lima.

About MEBO

Founded in 1987 by Professor Rongxiang Xu, a distinguished Chinese life scientist, MEBO Group is a multinational headquartered in both China and the USA. It integrates research, development, and sales across the pharmaceuticals, medical devices, health foods, and cosmetics sectors.

At its core, MEBO focuses on regenerative life sciences, innovating with over 100 patents and more than ten joint research bases to enhance and enable the body's own regenerative abilities.

As a leader in regenerative life science, MEBO's extensive research facilities and products impact over 100 countries globally, pioneering new frontiers in the regenerative life world.