Economic and Business Information

2017-01-09

Foreign firms closer to bidding on government procurement deals in Mainland

Foreign companies may soon be able to take part in government procurement tenders, the state-run China Daily reports.

2017-01-09

Angola’s quota for oil output lowered to 1.6mln barrels a day this year

The state-controlled oil company Sonangol will deliver 1.6 million barrels a day, the Angop news agency reports.

2017-01-09

Foreign Minister Wang Yi welcomes Africa to ‘One Belt, One Road’ initiative

Foreign Minister Wang Yi has reiterated Mainland China’s invitation to African nations to join the “One Belt, One Road” development strategy.

2017-01-06

São Tomé and Príncipe President stresses importance of restored ties with China

São Tomé and Príncipe President Evaristo Carvalho has emphasised the importance of the restoration of diplomatic relations between his country and Mainland China, A Bola reports.

2017-01-06

Didi Chuxing leads US$100-mln investment in Brazil’s 99

A group led by the largest transport network company in China, Didi Chuxing, will invest more than US$100 million in a Brazilian counterpart, 99, Reuters reports, quoting both Didi Chuxing and 99.

2017-01-06

Mainland gives Guinea-Bissau armed forces vehicles, office equipment

Beijing has given vehicles and office equipment worth 2 million euro (US$2.1 million) to the armed forces of Guinea-Bissau, TSF reports.

2017-01-05

Think-tank believes 6.5 pct GDP growth is a possibility for the Mainland this year

A government think-tank believes the Mainland economy could grow by 6.5 percent this year, having grown by 6.7 percent last year, the Shanghai Securities News reports.

2017-01-05

Portuguese ambassador to China wins award for economic diplomacy

The Portuguese Chamber of Commerce and Industry has given the Portuguese Ambassador to China, Jorge Torres Pereira, its award for the best economic diplomat of the year, Lusa reports.

2017-01-05

Brazilian government expects country’s trade to recover by the end of this year

The Brazilian Ministry of Industry, Foreign Trade and Services says Brazilian exports and imports should recover this year, and that the trade balance should end the year with a surplus similar to last year’s record surplus, Agência Brasil reports.

2017-01-04

Mainland manufacturing PMI moves downward to 51.4 in December

Manufacturing activity in the Mainland expanded for the fifth month in a row last month, further indicating that the economy is more stable, Xinhua reports.

2017-01-04

Angola seeks Beijing’s help in funding conversion to digital TV

The government of Angola is seeking the help of China and the Angolan private sector in paying for the conversion of the Angolan television system from analogue to digital, Lusa reports.

2017-01-04

Portuguese firm leads establishment of European research centre in Beijing

Portuguese consulting firm Sociedade Portuguesa de Inovação (SPI) will lead a project to set up a European centre for research and innovation in China, Lusa reports.