On November 27, jointly organized by CCPIT,Prochile, Chamber of Chile-China Commerceand Industry and Banco de Chile, the 1st China-Latin America Business Summit was solemnly opened inSantiago, capital city of Chile. Chilean President MichelleBachelet, Vice Chairman Li Meng of the Chinese People'sPolitical Consultative Conference, CCPIT Chairman WanJifei, Chinese Ambassador to Chile Liu Yuqin and CCPITVice Chairman Yu Ping attended the opening ceremony.