On November 5th，2008，Chinese government publicized China’s Policy Paper on Latin America and the Caribbean，the unprecedented one in the history of Sino-Latin American relationship. During the second and last ten days of the same month，president Hu Jintao paid state visits to Costa Rica，Cuba and Peru where he addressed the Congress with an important speech titled “Building Comprehensive Cooperative Partnership between China and Latin America in the New Era”. It coincides with the shared aspiration among Latin American countries that Chinese government proposed to build up comprehensive cooperative partnership with Latin American countries on the basis of equality and common development and to develop cooperation at a higher level and in a wider range of areas. Latin American countries wish to strengthen cooperation with China as they view China a huge market，an emerging investor and the core of the Factory in Asia.

Since the beginning of the 21 century and as result of the interaction of various factors，the regional situation of Latin America is developing new trends and new characteristics，such as political stability has been kept，remarkable economic improvement has been achieved since 2003，active steps have been taken by countries in the region to cope with attacks of the international financial crisis and greater attention is paid by big countries around the world to the region，etc. Under such circumstances，Chinese enterprises should grasp and make full use of the new opportunities in Latin America. First，they should attach strategic attention to exploring Latin American market as it’s necessary for China to utilize “tow markets and two resources” for its own development. Second，Chinese enterprises should focus on optimizing their trade structures. Third，it’s a key step for Chinese enterprises’ development to intensify direct investment in Latin America. Fourth，they should seek business opportunities actively for the purpose of long term development.