The 10th China-LAC Business Summit was inaugurated in Tangshan on October 14, 2016. President Xi Jinping sent a letter of congratulation, expressing his warm congratulations for the opening of the summit. President Tabaré Vázquez of Uruguay attended the opening ceremony and made a speech. Vice-president Li Yuanchao read out the letter of congratulation and made a speech. Zhao Kezhi, Secretary of Provincial Party Committee and Chairman of the Standing Committee of the People's Congress of Hebei, Jiang Zengwei, president of China Council for the Promotion of International Trade (CCPIT), Yin Yong, president assistant of People’s Bank of China and James P. Scriven, CEO of the Inter-American Investment Corporation (IIC) made speeches respectively. Zhang Qingwei, Deputy Secretary of Provincial Party Committee and Provincial Governor of Hebei hosted the opening ceremony. Fu Zhifang, the chairman of the Hebei Provincial People's Political Consultative Conference and others attended the opening ceremony.
The 10th China-LAC Business Summit, with theme of “hand-in-hand innovation, win-win cooperation”, was held by CCPIT, People’s Bank of China, Hebei Provincial People’s Government and Inter-American Development Bank jointly. The summit consisted of 3 plenary meetings, 4 parallel meetings and other main activities, as well as trade promotion organization and commercial association round-table conference, enterprise matchmaking symposium, China-LAC industry cooperation expo and China-Latin America beach soccer championship and other supporting activities. Discussions were made by nearly 1,500 representatives from international organizations, government departments of China and Latin America, commercial association and enterprises and Latin American embassy in China in terms of the partnership between China and Latin America, innovative investment & financing service, new cooperation field between China and Latin America under background of globalization and other topics.
The representatives of CAMDI attended the conference.