During a working visit to Beijing, Mexican officials called for a more balanced trade relationship with China, as bilateral trade continues to show a significant surplus in China’s favor.
María Teresa Mercado Pérez, Mexico’s Deputy Foreign Minister, and Vidal Llerenas Morales, Deputy Minister of Industry and Commerce, met with Chinese Vice Minister of Commerce and Trade Representative Li Chenggang. Both sides agreed on the importance of fostering more balanced trade flows that strengthen supply chains and support Mexico’s industrial development.
While China remains one of Mexico’s key trading partners, it is also a major source of Mexico’s trade deficit, particularly in manufactured goods, intermediate inputs, and capital goods.
In separate talks with Assistant Foreign Minister Cai Wei, Mexican officials explored ways to enhance bilateral dialogue and expand cooperation in strategic areas, including technological innovation, public health, and smart water management.
Mexico and China have maintained a Comprehensive Strategic Partnership since 2013, which has provided an institutional framework for deeper political and economic engagement. This year marks the 54th anniversary of diplomatic relations between the two countries, established on February 14, 1972.
Source: El Financiero
