On May 19, 2016, when jointly meeting the press with Foreign Minister Susana Malcorra of Argentina after their talks, Foreign Minister Wang Yi stated at inquiry China's stance on whether the changes of situation in Latin America will affect China-Latin America relations.

Wang Yi expressed that recently some changes have indeed occurred in the Latin American situation, drawing attention from the international community. China's opinion on this can be summarized as follows:

First of all, China's confidence in the development prospects of Latin America remains unchanged. Since the 21st century, Latin America has made remarkable progress in development, laying a sound foundation for future development. The difficulties that now Latin America is facing are temporary. As long as all Latin American countries continue to advance various reforms and strengthen regional coordination, they can surely conquer the difficulties and safeguard regional development and stability.

Secondly, the pattern that China and Latin America present each other with opportunities remains unchanged. China and Latin America share strong complementary advantages, and bilateral cooperation has vigorously boosted respective development. Influenced by the commodity price, currently the trade volume of traditional commodities of China and Latin America has slightly dropped, but bilateral cooperation in emerging fields including investment, finance, production capacity, and infrastructure construction is seeing rapid promotion, which will inject strong impetus to China-Latin America cooperation.

Thirdly, China's policy of enhancing cooperation with Latin American countries remains unchanged. Latin America is an important direction of China's diplomacy. China has established comprehensive strategic partnership with major Latin American countries, and the overall cooperation between China and Latin America has set sail. We support Latin American countries to actively explore the development path in line with their own national conditions. China will also vigorously facilitate the improvement and upgrade of China-Latin America cooperation with the aim of establishing a Five-in-One new pattern of China-Latin America relations put forward by President Xi Jinping in 2014, so as to achieve higher-level complementary advantages as well as common development, and make efforts to build China-Latin America community of shared destiny for common progress.