Experts affirm Government must focus on achieving Chinese investment in the local market
SANTO DOMINGO. The investment for the People's Republic of China in the Dominican market, both at the level of manufacturing industry as the , it must be the main goal of the Government facing the new economic relations established with that country, considered a Expert Panel by participating in the opening of the Fourth Annual Congress of Students of Economics and Business (CANE) of Instituto Tecnológico de Santo Domingo (INTEC).
When dictating the conference "The new economic relations of the Dominican Republic with China", Luis González, political scientist, internationalist y sinologist, stated that, with the establishment of diplomatic relations with China, the country won un friend in the international scene will allow the revitalization of tourism, greater investment, cooperation e commercial exchange.
After González's presentation, a panel integrated by the executive director of the Latin American Faculty of Social Sciences (Flacso), Iván Ogando; the specialist in International Business, Iván Gatón, as well as the Director of the Dominican Observatory of International Trade (ODCI) and research professor in the Economics and Business Area of the university, Pavel Isa Contreras, they debated about impact what will the relaciones between both countries.
Ogando emphasized that Dominican Republic has challenges which overcome for optimize su business relationship with China, among which he cited that the capacity for the national offer, which he said, although it has diversified in recent years, has a certain inflexibility, in terms production; With respect to tourismor, said that despite being great potential, the offer should adapt because Chinese citizens do not consume beach tourism, but cultural e Historical.
The executive director of Flacso said that Costa Rica is regional competition of the country and that as an advantage it has coastline by Pacific Ocean which brings it closer to China, for the export and import of products. "The cooperation de China is considered a cooperation South-South that at a certain point has less political conditionality than the traditional North-South and it should be noted that recently this year the China Development Cooperation Agency which is linked above all to what you have to Silk Road to channel that more countries can be linked to this strategy ”, he specified.
The Economist Pavel Isa Contreras stated that relations with China should be established, however, he emphasized that “it is only a first step to Building a relationship in which we can obtain important benefits that allow us accelerate el growth rate, growth with more quality, with more employment, with more technological development and that translates into greater productive capacities long-term, ”he said.
The teacher pointed out that the topic fundamental for the Dominican Republic it is in the china investment in the country. He indicated that trade differences between the United States and China could benefit us to the extent that China establishes manufacturing industries in the country for later export to the United States, and in the same way considered that more than attracting Chinese tourists to the country, what should be sought is that entrepreneurs of that nation invest for continue to increase the ability of the housing offer in the country.
The CANE academic and scientific conference, which was held on Monday, November 26, promotes academic updating and is aimed at deepening and disseminating knowledge in areas related to business. CANE was divided into four simultaneous cycles: Politics and International Trade; Economy; Marketing and Senior Management and Accounting, Audit and Finance in which they were carried out 20 talks y two keynote addresses.