Participants take a group photo at the investment promotion conference. [Photo/WeChat account: gh_22e9151f32bc]

The El Salvador Investment Promotion Conference was held in Binjiang district, Hangzhou on July 12.

El Salvador, located in the heart of the Americas, boasts significant geographical advantages.

"Our country is a member of the Central American Economic Integration Comprehensive Agreement and has signed free trade agreements with the United States, Mexico, and Chile. Our well-developed infrastructure includes efficient road networks to neighboring countries and mature port and maritime facilities. We are also planning to establish a regional logistics center," said Salvadoran officials.

China and El Salvador established diplomatic relations in August 2018, and relations between Hangzhou and El Salvador have rapidly advanced since then. In September 2019, Hangzhou and, San Salvador, El Salvador’s capital, signed a memorandum of friendly cooperation. In August 2022, a local amusement park supported by Hangzhou opened, and in 2023, technical experts from El Salvador's Ministry of Agriculture visited Hangzhou to learn about the city’s bamboo industry.

"In the digital economy sector, Hangzhou is definitely in a leading position, which is why we came to this city," said Aldo Alvarez, El Salvador's ambassador to China. He emphasized that the rapid economic development and vibrant emerging industries of Zhejiang and Hangzhou, along with the introduction of advanced technology, will aid El Salvador's economic transformation. El Salvador's beautiful environment and abundant resources also bring great potential for collaboration.

An official from El Salvador briefs on the country. [Photo/WeChat account: gh_22e9151f32bc]