On October 19, President Zhou Zhongshu met with the visiting delegation headed by Mr. Mori, Vice Executive Chairman of Chile Foreign Investment Committee in Beijing Shangri-la Hotel. Both parties exchanged views on issues regarding investment from Chinese enterprises in Chile.

President Zhou warmly welcomed Mr. Mori and expressed his sincere congratulations to Chile on the successful rescue of 33 miners. He said that friendly relations had been maintained between China and Chile and the investment environment in Chile was favorable, and Minmetals had always deemed Chile as an important investment destination in South America and had established substantial business cooperation with Codelco. However, most Chinese enterprises still had insufficient knowledge about Chile. As Chairman of the Chinese Section of China-Chile Business Council, he had always been dedicated to introducing and promoting investment scope and environment of Chile (particularly in the metal and mineral area) to Chinese enterprises. With his recommendation, a central enterprise recently expressed its desire to invest in Chile.

Mr. Mori expressed his gratitude for President Zhou's congratulation and the efforts in introducing and promoting Chilean investment environment. He said that Chilean President Pinera put forward a target to grow Chile's economy at 6% annually in the next 4 years after he took office. As a dedicated organization for attracting foreign investment, the Committee would focus on the target and intensify investment invitation, for which the mining industry would be a priority. Finally, Mr. Mori once again invited Chinese enterprises including Minmetals to invest in Chile and promised to create a favorable investment environment.

Wang Wenhai, Deputy Director of General Office of Minmetals and Jin Xiaoguang, Deputy General Manager of China Minmetals Non-Ferrous Metals Co., Ltd. also attended the meeting.