China Homelife, a fair allowing hundreds of Chinese suppliers to offer their wares, has arrived in Mexico for the first time.
From June 13 to 15, it sees around 750 Chinese suppliers of manufacturing, textiles, foodstuffs, clothing, furniture, home electronics, construction materials, vehicles, energy and more showcasing their products.
At a time when bilateral trade between China and Mexico is on the rise, the expo puts these exhibitors in touch with Mexican entrepreneurs, importers and purchasers as they seek to strike new commercial deals or improve existing ones.
Mai Jiaomeng, mayor of China's southern city of Huizhou, said at the inauguration that China Homelife fair had seen successful editions in the likes of Brazil, Poland, India, South Africa, and the United Arab Emirates. Mexico was the next step as "China and Mexico are enjoying the best strategic diplomatic relations."
"We want mutual benefit and common development. We are here with open arms to carry out investments," he explained.
Mai praised those participating in the fair for "presenting articles of high quality at very competitive prices for the Mexicans to discover."
China's ambassador to Mexico, Qiu Xiaoqi, said relations between both sides are at their highest point, adding that the two nations had spent great energy to improve diplomatic and commercial ties.
He added that China is Mexico's second-largest trading partner after the U.S. and that Mexico is China's second most important partner in Latin America.
External factors such as Brexit or a protectionist policy from the U.S. caused Mexico and China to intensify commercial exchanges and investments.
"It is important for Mexico to diversify. This moment forces the business sector to seek other markets for its products as well as other investors. It has created conditions for Chinese and Mexicans businessmen alike to seek more opportunities," said Karla Loyo, the general manager of the China Chamber of Commerce and Technology in Mexico.
Speaking at the inauguration, Loyo invited businesses from both sides "to carry out safe operations and prevent commercial controversies."
She said that China and Mexico were drawing closer together, as they came to better understand each other's culture and politics.
She recalled that Mexican exports to China had grown by over 300 percent from 2005 to 2015 and these ties help increase exchanges of goods and services.