CRI听力:Li Vows to Boost Brazil's Manufacturing Capacity

When Chinese premier Li Keqiang met with top business leaders in Brazil on Wednesday, on a "made-in China" ferry that connects Rio to the main Olympic venue in Niteroi, his message was clear; China wants to boost Brazil's manufacturing capacity, especially in manufacturing heavy equipment.

Premier Li also visited an exhibition in Rio de Jeneiro for Equipment Manufacturers on his final day in Brazil.

30 Chinese companies from different sectors including energy, telecommunication, and construction participated in the exhibition.

The list includes top brands like BYD, China's largest electric car manufacturer that recently sealed a deal with a bus company in Brazil to launch a green bus service as early as July. BYD also plans to start a manufacturing plant in the country next year.

Chinese telecom giant Huawei is also at the event.

Huawei has already setup two cloud computing facilities in Brazil in a bid to improve education and research infrastructure in the country.

Yang Guanglin, the head of public and government affairs for Huawei in Brazil, says the country also serves as a gateway to promote "made in China" Technology in Latin America.

"During the Rio carnival this year, the state police used Huawei's proprietary eLTE multimedia broadband cluster solution to provide real-time security for the entire event. The technology allowed Rio police to respond quickly and effectively to any incident despite the heavy crowds. It also enabled them to quickly identify trouble hot spots quickly and focus their resources there."

China is also working closely with the Brazilian government to help the country tap into its vast oil reserves.

China has already delivered five off-shore oil-rigs to Petrobras, Brazil's national oil company as the country tries to double its oil production capacity by 2020.

According to Gao Shan, Spokesperson for China International Marine Containers Group, trade in high-tech maritime equipment is a fast growing sector as more than 85 percent of Brazil's oil reserves are found off-shore.

"According to data from Brazil's national oil company the two oil platform that we delivered in 2014 have achieved a high efficiency level of 95% and 96%. This is quite high compared to the operational efficiency of other oil-rigs built in cooperation with other international partners."

In the automobile sector, Chinese cars like Cherry and Gelee have already flooded the Brazilian market.

As two of the world's largest developing economies, both China and Brazil face similar challenges.

Close south-south cooperation between these two emerging giants could help create a double-engine of growth for the global economy.

For CRI I'm Poornima Weerasekara.