Belt, Road progress to strengthen globalization, win-win cooperation
China DailyDongguan in South China's Guangdong province is a busy port on the Pearl River. This joint effort, involving China, Peru and other Latin American countries such as Brazil, seeks to bridge the Andes Mountains and create a transportation network that not only positions Peru as a manufacturing and trading hub along the Pacific coast of Latin America, but also integrates Brazil and other countries into the Asia-Pacific economic circle, fostering cooperation and mutual success among South-South nations. In the era of economic globalization, China has actively and proactively integrated itself into the global value chains constructed by developed countries, steadily moving up the value chain. In the pursuit of economic development and upward mobility within the global value chains, a developing country's success in elevating its position is often met with resistance and exclusion from developed nations. Leveraging China's manufacturing capabilities and vast market advantages, this collaborative effort aims to uplift the industrialization levels of BRI countries, injecting fresh vitality into global economic development.