President highlighted the fiscal, economic, legal, political and social stability of Brazil as attractive to investors; Event brought together about 200 Brazilian businessmen and Chinese executives
The president Participated on the morning of Monday (12) of the Brazil-China Business Forum, where he highlighted the importance of the strategic partnership between the two countries and the innovative capacity of the Brazilian Industrial Park. During his speech, Lula emphasized the measures of regulatory modernization and incentives for innovation and public-private partnerships, which are fundamental to ensure legal certainty and predictability for national and foreign investors. He stressed the approval of a tax reform, with the support of the National Congress, which aims to facilitate the entry of foreign investments in Brazil, not only from China, but from other countries interested in doing business.
Lula highlighted the fiscal, economic, legal, political and social stability of Brazil as attractions for international investors. He stated that the population’s quality of life is the main reason to govern and that economic growth should benefit the whole society, not just a portion. The president mentioned that, after a stagnation period, Brazil grew again above 3% in 2023, after its return to the presidency, and that the growth of 7.5% in 2010 was an important milestone for the country.
In addition, Lula addressed the importance of wealth distribution and the role of public banks in this process. He praised institutions such as Banco do Brasil, Caixa Econômica, BNDES, Banco do Nordeste and Banco da Amazônia for their flexible and generous policies that facilitate access to credit and drive the economy. The president defended the use of the development bank as a tool for supporting exports, despite the criticism received, highlighting the relevance of these institutions for sustainable economic growth.
Lula’s speech in the forum also included the signing of agreements with China, reinforcing the importance of legal certainty and tax reform to attract investments. The president made it clear that Brazil is open to partnerships that promote economic and social development, and that more details about their speech and the agreements signed will be released shortly, signaling a promising future for relations between Brazil and China.
*With information from Jornal da Manhã
*Report produced with the aid of AI
