Premier Li Keqiang and Peru President Ollanta Humala witness the signing of 10 agreements, including investment and transportation.
China and Peru have agreed to conduct a feasibility study on a proposed transcontinental railway connecting Peru's Pacific coast with Brazil's Atlantic coast.
Chinese Premier Li Keqiang arrived in Lima Friday for an official visit to Peru, a South American country which has a free trade pact with China and wishes to diversify its economic cooperation with China.
While China and Peru look forward to much closer economic ties, they also wish to promote cultural exchange and better understand each other so as to build the "community of common destiny".
Sino-Peruvian relations are moving toward a new model of broad and extensive cooperation, with the upcoming visit of Chinese Premier Li Keqiang to further strengthen the comprehensive strategic partnership, a Chinese diplomat said.
China, Brazil and Peru signed an agreement on Tuesday for feasibility research on a railway linking Brazil's Atlantic coast to Peru's Pacific coast.
A China-Brazil-Peru working group will soon be composed and hold a meeting to discuss the details of a proposed transcontinental railroad in South America, said the Brazilian ambassador to China.
This year has seen a surge in the number of Chinese buyers rushing to the South American country of Peru to purchase maca root in large quantity, which pushed the per-kilo price to $25 from the previous $3.2.
China's top legislator Zhang Dejiang and his Peruvian counterpart, Ana Maria Solorzano, vowed Friday to boost relations between their countries' legislatures.
China's top legislator Zhang Dejiang held talks here Friday with Peruvian President Ollanta Humala on bilateral ties.
A recent copper deal between China and Peru will make the South American country the world's second-largest producer of the metal and symbolizes the strengthening of ties between two countries.
Chinese President Xi Jinping held a number of bilateral meetings with his counterparts from countries including Peru, Costa Rica and Chile on Wednesday in Brazil's capital city of Brasilia during his South America trip.