China and Costa Rica are planning to establish a special economic zone in the Central American nation.

The move is aimed at bolstering the economy of Costa Rica, China's largest trading partner and investing destination in Central America. China is also the country's second-largest trading partner.

"We are discussing with the China Development Bank the idea of establishing a special economic zone in Costa Rica, and we expect to conclude the study on the project this year," Costa Rica's Foreign Trade Minister, Anabel Gonzlez, told China Daily.