The Chinese president and his Argentine counterpart are set to sign an action plan for the next five years, including economic, trade and infrastructure agreements to boost bilateral cooperation, Beijing said on Friday.
Xi Jinping will visit Argentina for the G20 summit, to be held during Nov. 30 to Dec.1, where he will meet with Mauricio Macri to advance bilateral ties and discuss other international and regional matters.
Top Chinese government officials during a press conference on Friday highlighted the importance of Xi's presence at the G20 and said relations between China and Argentina has become a paradigm of common development and solidarity between countries with emerging markets and developed countries.
With Xi's visit, Beijing wants to reassert its commitment to support Argentina's efforts in safeguarding its economy and financial stability within the joint efforts of defending multilateralism and an open global economy.
To boost cooperation between the two countries, the leaders are expected to sign a five-year action plan that could include around 30 agreements.
During the summit of the 20 largest developed and emerging economies of the world in Buenos Aires, Xi is expected to seek allies in multilateralism defense and undertake reform of the World Trade Organization to face the protectionist wave coming from the United States.