Peru's GDP grows by 7.6% in 2020, according to a recent World Bank report, making it 

one of the best performing countries in Latin America and the Caribbean. According to the 

statistics of the General Administration of Customs of China, in the first 11 months of 

2020, the total import and export trade between China and Peru reached 20.7 billion US 

dollars, and China's imports reached 12.8 billion US dollars. The former Minister of energy 

and mining of Peru, injofstegi, said that China's economy continues to improve and Peru 

China Economic and trade cooperation continues to deepen, which will help promote Peru's 

economic and social development.

       "China has become an important trade partner of Peru, a major export market of Peru, and has brought countless opportunities to Peruvian enterprises. It can be said that the signing of the FTA is a milestone in bilateral relations." At a seminar held at the end of last year, Claudia Cornejo, Minister of foreign trade and tourism of Peru, commented. Last year was the tenth year of the entry into force of the China Peru FTA, the first package of FTA signed by China and Latin American countries. In the past 10 years, Peru's exports to China totaled 89.958 billion US dollars, with nearly 800 new products exported to China, most of which belong to non-traditional fields, such as metal machinery, chemical products and textiles. There are more than 1500 newly registered export enterprises to China, of which more than 70% are small and micro enterprises.

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