What kind of country is Panama, which has just established diplomatic relations with China

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  1. On June 12, 2017, Panama President Barrera gave a television speech nationwide, announcing that Panama's diplomatic relations with China.
    On June 13, Chinese Foreign Minister Wang Yi and Vice President and Foreign Minister of Panama De Saint Mallo signed the Joint Communist Party of the People's Republic of China and the Republic of Panama on the establishment of diplomatic relations. The communiqué said:
    The people's Republic of China and the Republic of Panama, according to the interests and wishes of the people of the two countries, decided to recognize each other from the date of signing the bulletin and establish ambassador -level diplomatic relations.
    The government of the Panama Republic acknowledged that there was only one China in the world. The government of the People's Republic of China was the only legal government on behalf of the whole of China. Taiwan is an inseparable part of China's territory. The Government of the Panama Republic will break the "diplomatic relations" with Taiwan today, and promises no more official relationships with Taiwan and no official exchanges. The Government of the People's Republic of China praised the above positions of the Panama Republic Government.
    Curaka to build diplomatic relations, marking that the relationship between China and this distant Chinese American country has entered a new period. What country is this country with a total of US $ 6.38 billion in bilateral trade with China in 2016?
    The "two continents"
    Panama area is only 75,500 square kilometers. Although the area is small, the country occupies an important geographical location. The southern part of the country is on the verge of the Pacific Ocean, the north is on the verge of the Caribbean. In addition, it connects Colombia to the east, borders Costa Rica in the west, and connects North America and South America on land.
    S Indo -Europe Mixing accounted for 65%of the population
    Panama joined the Republic of Columbia in 1821. In 1903, it was independent of Colombia with the support of the United States. There are more than 4 million people in the country, of which 65%of the Indian -European mixed races, others are African (14%), European people (10%), Indians (6%), and Chinese (5) (5) (5) (5) %).
    The official language of Panama was Spanish because it was reduced to the Spanish colony in 1501. 85%of the country's residents believe in Catholicism.
    , although Panama is far from China, it has a deep historical source. More than 160 years ago, the first batch of Chinese vessels had gone through hardships to reach Panama on the other side of the Pacific Ocean, which opened a century -old vicissitudes of the two sides.
    The construction and excavation of the Panama Railway and the construction and excavation of the Panama Canal are involved. Many of these descendants of Chinese workers settled in Panama and contributed to Pakistan's economic development. According to official statistics, the total number of overseas Chinese in Pakistan exceeds 150,000, which is one of the largest overseas Chinese communities in Latin America.
    The China has always played an important role in Panama's economy. China is the second largest user in the Panama Canal and the largest commodity supply country in the Cologne Free Trade Zone Panama.
    Entrepreneur president
    Panamanian parliament is known as the National Assembly and implemented a hospital system. It consists of 71 members. The parliamentarians were generated by direct election with a term of 5 years.
    At present, the Panama government is jointly governed by the PARTIDO and the PARTIDO POPULAR.
    The current President Juan Carlos Varela was born in Pakama on December 12, 1963. He graduated from the Georgia State Institute of Law and was a well -known entrepreneur in Panama. He owns the family wine industry "Barrera Brothers" and several radio stations.
    Barrara won the election as a candidate for the Panamaist party in May 2014. He worked on July 1 and became the President of Panama.
    The dazzling star in the Latin American economy

    . After nearly 10 years of economic growth, Latin America's economy has been growing negatively in the past two years, the most serious in the region since the 1980s in the 1980s. Economic atrophy. But Panama is an exception.
    It World Bank data shows that from 2001 to 2013, the annual annual growth rate of Panama's economy was 7.2%, which was twice that of the economic growth of the entire Latin American region. In 2014, Panama's economic growth rate was 6.1%, and in 2015 and 2016, it decreased slightly, 5.8%and 5.4%, respectively. The country's economic growth rate is expected to be 5.4%in 2017, and 2018 is expected to be 5.5%.
    Panama's economic prosperity mainly relies on the developed service industry in the country. The service industry accounts for nearly 80%of the country's GDP (GDP), of which the Panama Canal Shipping, Financial Services, Cologne Free Trade Zone and Tourism are the four pillar industries.
    Mama canal
    The Panama Canal is a 82 -kilometer artificial canal in Panama, connecting the Atlantic and Pacific Ocean, shortening the distance between many routes. For example, the New York route passing through the Panama Canal is only 2848 kilometers, and the end of the southernmost tip of South America will increase this voyage to 10,300 kilometers.
    Mama canal is an important channel for international maritime trade. Nearly 6%of global trade passed from this sewer, so it is known as the world trade barometer. From 1914 to 2014, more than 1 million ships passed through the canal, with a total transportation volume of 9 billion tons.
    The canal was initially built by France in 1881, and the United States continued to be built in 1904. It was completed in August 1914. It has been operated by the United States for nearly 100 years. On December 31, 1999, Panama took back sovereignty against the canal.
    The industries in Panama Canal have been an important pillar of Panama's economy in the past century. According to the 2014 report of the Panama Canal Commission, the relevant economic activities of Canal accounted for about 22%of the country's GDP, about 40%of the country's export proportion, and about 28%of the country's fiscal revenue.
    Panama completed the expansion in 2016. The expansion can to accommodate larger ships and increase transportation capacity. This is expected to bring new growth opportunities for Panama's economy. According to the Panama government's predictions, the Canal expansion will increase the country's tax revenue by 50%to 1.6 billion US dollars.
    The global offshore financial center

    Panama is a world -renowned offshore financial center, which can provide a series of financial services including offshore banks, offshore companies, and ship registration. According to World Bank data, in 2015, foreign direct investment inflow accounted for 11.2%of Panama GDP. In 2016, foreign direct investment flowing into Panama reached more than $ 5.2 billion, an increase of 15.9%over 2015.
    In addition to charging a franchise fee of $ 300 each year, the Panama government does not charge income tax, international transaction tax, sales tax, and other expenses to the offshore companies registered in the country. In addition, the dollar is a circulating currency in Panama, which facilitates the transaction of offshore companies. Panama has no restrictions on foreign exchange, which also allows international funds to flow in and flow freely.

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