Economic and Business Information

2017-01-24

Session on China and Portuguese-speaking Countries Co-operation Fund to be held in Macao

Officials representing the China-Portuguese-speaking Countries Co-operation and Development Fund will explain the workings of the fund at an information session at the World Trade Centre in Macau on January 25.

2017-01-23

Mainland Chinese economy grew by 6.7 pct in 2016

China’s economy grew by 6.7 percent last year, the rate of growth falling within the range of 6.5 percent to 7 percent forecast by the Government, Xinhua reports.

2017-01-23

China, São Tomé and Príncipe select key areas to focus co-operation

China and São Tomé and Príncipe have selected what they consider the most important fields to co-operate in, and decided to focus on agriculture, health and energy, the Jornal de Angola reports.

2017-01-23

Angolan province to hold Chinaese investment forum

A business forum will be held in March in Menongue, capital of the Angolan province of Cuando Cubango, the Jornal de Angola reports.

2017-01-20

Portugal’s economy will be more robust, sustainable this year: Portuguese President

The Portuguese economy will be more robust and sustainable this year, Portuguese President Marcelo Rebelo de Sousa said on Tuesday.

2017-01-20

BNU becomes the first Macao bank to open in the Mainland with a branch in Zhuhai

The Macao-based bank Banco Nacional Ultramarino (BNU), a part of the Portuguese group Caixa Geral de Depósitos (CGD), has opened its first branch in Mainland China, the Macauhub website reports.

2017-01-20

On tour in Angola’s Bié province, Chinese Ambassador seeks out new business

China’s Ambassador to Angola, Cui Aimin, toured Bié province in central Angola on Wednesday to assess investment opportunities, Angop reports.

2017-01-19

Brazil posts a record trade surplus with Mainland China for 2016

The trade surplus between Brazil and Mainland China reached a record US$11.77 billion last year, a 140.8-percent increase over the US$4.89 billion result in 2015, the Macauhub website reports.

2017-01-19

ICBC finances construction of power plant in Angola

The Industrial and Commercial Bank of China will provide US$837 million to fund 85 percent of the construction of a combined-cycle power plant in Soyo, in far northern Angola, Lusa reports.

2017-01-19

Portugal sends investment roadshow to China to attract interest in tourism

The Portuguese government will take a roadshow around the world to attract foreign investment in its tourism sector, the Jornal de Negócios reports. The newspaper reports that Mainland China is among the destinations.

2017-01-18

Brazil poised to grow in first quarter, says Finance Ministry

Brazil’s Finance Minister says the worst is over for the country’s economy, which has been in recession for two years, with the government forecasting growth in the first quarter.

2017-01-18

Angola spends US$243 mln on Chinese technology to manage national records

The Angolan government has awarded a US$243-million contract to China National Electronics Import and Export Corp. to manage the country’s identification card system, Lusa reports.