Cuba and China are making progress in expanding their economic and commercial cooperation, with the Cuba-China Forum serving as a platform to promote business, investment, and technological exchange between the two nations. The event brought together Cuban officials, diplomats, and business representatives from both countries.
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The meeting aimed to enhance business opportunities between Cuba and China and to showcase the island’s economic opening, driven by 176 economic reforms implemented by the Cuban government. Participants included Cuban Foreign Minister Bruno Rodríguez—serving as a special envoy for the Communist Party and the Government of Cuba—and Oscar Pérez-Oliva Fraga, Vice Prime Minister and Minister of Foreign Trade and Foreign Investment.
The official explained that these economic reforms are taking place amidst an accelerated energy transition. He also denounced the impact of the U.S. blockade, financial persecution, and the energy-related restrictions imposed on Cuba.
Ren Hongbin, Chairman of the China Council for the Promotion of International Trade, highlighted the potential for bilateral economic cooperation and the readiness of Chinese companies to strengthen their ties with Cuba. He noted that China has become the island’s primary trading partner.
🇨🇺🤝🇨🇳 El Foro de Oportunidades de Cooperación Biotecnológica Cuba-China confirmó las grandes potencialidades de este sector, referente en la cooperación bilateral. https://t.co/5eENmEzxfb
— Cancillería de Cuba (@CubaMINREX) November 7, 2026
The text reads, “The Cuba-China Biotechnology Cooperation Opportunities Forum confirmed the significant potential of this sector, which serves as a benchmark for bilateral cooperation. Óscar Pérez-Olivas Fraga, Deputy Prime Minister and Minister of MINCEX, inaugurated the Cuba-China Biotechnology Cooperation Opportunities Forum alongside Chinese and Cuban business leaders and scientists. The potential of the sector—a key example of bilateral cooperation—was reaffirmed.”
In this context, progress was highlighted regarding Chinese exports of electromechanical products to Cuba, as well as the presence of Cuban goods—such as rum, honey, and seafood—in the Chinese market.
According to the official, the Chinese economy grew by 4.6 percent during the first three quarters of the year—a result that, he stated, creates favorable conditions for expanding cooperation with its trading partners.
Hongbin invited Cuba to participate in the fifth China International Supply Chain Expo, scheduled for next June in Beijing. The objective is to foster industrial collaboration and technological exchange between the two countries.
The head of the China Council for the Promotion of International Trade expressed the institution’s readiness to offer new platforms and services that facilitate connections between businesspeople and contribute to enhancing bilateral economic cooperation.
“Beijing and Havana maintain a multisectoral cooperation characterized by mutual support on issues of core interest to each side, a high level of bilateral political trust, and a commitment to building a China-Cuba community with a shared future,” Hongbin noted.
The Cuba-China Forum reaffirms both governments’ intention to deepen bilateral trade, foreign investment, and industrial collaboration. Cuban authorities presented 176 economic measures as part of a process aimed at further opening up the country and facilitating the participation of foreign capital.
Cuba and China are moving to strengthen their strategic ties amid continued U.S. sanctions against the Caribbean nation.
As Washington maintains its economic pressure on Havana, cooperation between Beijing and Cuba highlights the island’s efforts to expand international… pic.twitter.com/AkkecgPydR
— teleSUR English (@telesurenglish) November 11, 2026
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