Campinas, Brazil - Recent Brazil is seeing increasing investment from China as businesses on both sides look forward to more strengthened economic ties, which will help promote market openness and bring more opportunities. China and Brazil have seen their economic ties strengthen over the recent decades. China has remained the largest trading partner of Brazil for 15 consecutive years and Brazil is China's largest direct investment destination in the Latin American region. A report released by the Brazil China Business Council in September showed that China's investment in Brazil increased by 33 percent in 2023 compared with the year before, reaching over 1.7 billion U.S. dollars. Chinese investment in the country is mainly in green energy and electric vehicles, the report showed. BYD, a leading electric carmaker in China, has been expanding its investments in Brazil. An official of BYD Brazil said the company has been ramping up its production in the country, adding that the Brazilian market is crucial to the company's global business. An economics scholar highlighted that China's growing economic influence in Brazil is evident in the significant increase in Chinese investment over the past decade. An official from the Confederation of Agriculture and Livestock of Brazil (CNA) noted that Brazil aims to diversify its agricultural exports to China, including high-value products. The spokesman added that over recent years, fruit consumption in China has increased and the CNA sees potential in further expanding fruits and nuts exports to the Chinese market. Shotlist: Campinas, Brazil - Recent: 1. Aerial shot of BYD factory; 2. Various of production line, workers; 3. SOUNDBITE (English) Marcello Von Schneider, Institutional Director, BYD Brazil (partially overlaid with shot 4): "So, it's a huge market even for buses, trucks, now solar panels, and also the automotive sector. And now we are seeing that everything is growing. And Brazil is one of the most important markets for BYD worldwide."; [SHOT OVERLAYING SOUNDBITE] 4. Robotic arm working; [SHOT OVERLAYING SOUNDBITE] FILE: Sao Paulo, Brazil - March 2024 5. Various of vehicles of BYD on display; Sao Paulo, Brazil - Recent 6. SOUNDBITE (English) Roberto Dumas, Chinese Economy professor, Insper Business School: "From 2010 to 2022, investment from Chinese companies, the state-owned enterprises and more medium enterprises, has entailed around 70 billion dollars. So, China has become the largest trading partner and the largest investor in Brazil."; Brasilia, Brazil - Recent 7. Pedro Rodrigues, International Relations spokesperson of Confederation of Agriculture and Livestock of Brazil, talking with reporter; 8. SOUNDBITE (Portuguese) Pedro Rodrigues, International Relations spokesperson, Confederation of Agriculture and Livestock of Brazil: "We want to do business with China. We want to maintain this partnership at this moment when China and Brazil celebrate the 50th anniversary of the establishment of diplomatic ties. We want to keep the partnership long term. We want this partnership to be increasingly enduring because China is a market full of opportunities for Brazilian products."; Luziania, Brazil - Recent 9. Aerial shots of harvesters, trucks working on farmland; 10. Harvester running; 11. Harvester, trucks working on farmland; 12. Various of grain being gathered. [Restriction - No access Chinese mainland]