In 2013，the newly established Chinese government emphasized developing relations with Latin America and sent more high ranking officials to visit regional countries. China remained to be the second largest trading partner of the region as a whole. China’s financial cooperation with regional countries facilitated their bilateral industrial cooperation. The cooperation in the field of energy sources gained advancement. China sought to make joint efforts with regional countries to coordinate economic and foreign policies. For that purpose，China expected to develop an official mechanism to promote its comprehensive cooperation with the region.