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During the China-Celac Forum1, held at the begin ning of last year, China announced its intention to increase its investment stock in Latin America to 250 billion USD within the next ten years and to attain an annual trade flow of 500 billion USD during the same period. China also outlined the building of a "1+3+6" cooperation framework with Latin America. "1" would refer to one plan, "3" to the three engines of trade, investment and financial cooperation and "6" to six fields of industry connections to be strength ened as priorities between China and Latin America (notably energy and resources, con struction of infrastructures, agriculture, manufac turing, scientific and technological innovations and information technologies).

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