Economic and Business Information

2016-04-21

China offers support for Angolan police public safety role

China is willing to provide support to Angola’s National Police in the field of public safety, said China’s Ambassador to the African nation, Cui Aimin.

2016-04-21

China shippers urged to use Portuguese ports: Ambassador

China’s Government is encouraging Chinese maritime shipping companies to consider using Portuguese ports to move goods to the European market, China’s Ambassador to Portugal, Cai Run, said on Wednesday.

2016-04-20

FDI to China to show steady growth in 2016: Ministry

The inflows of foreign direct investment (FDI) to China will maintain a steady growth this year, said the Chinese Ministry of Commerce on Tuesday.

2016-04-20

Foreign investment in Angola reached US$16bln in 2014-15

Foreign investment in Angola totalled US$16 billion in 2014-15, said Angola’s Agency for Investment and Export Promotion (APIEX).

2016-04-20

Cape Verde Assembly President hails ties with China

The outgoing President of Cape Verde’s National Assembly, Basílio Mosso Ramos, has praised the co-operation between the African Nation and China, the Cape Verdean newspaper A Semana reported.

2016-04-19

IMF raises its China growth forecast

The International Monetary Fund (IMF) last week raised its growth forecast on China, linking the move with economic stimulus measures announced by the Chinese Government.

2016-04-19

Angola second largest crude oil exporter to China in February

Angola was ranked second during February as a crude oil supplier to China, showed data from the Organization of the Petroleum Exporting Countries (OPEC).

2016-04-19

Portugal Golden Visa scheme sets monthly record in March

Portugal granted residency permits to 168 investors under its so-called Golden Visa scheme in March, posting a monthly record, Portuguese newspaper Jornal de Negócios reported.

2016-04-18

China’s Fosun names top firms in contest for Portuguese start-ups

Chinese conglomerate Fosun International has announced the best entrants in a competition open to start-up companies in Portugal. The contest aims to introduce young Portuguese entrepreneurs to Chinese investors, Chinese state-run news agency Xinhua reported.

2016-04-18

Angola opens consulate in Guangzhou

The Angolan Government opened on Friday its third consulate in China. The new consulate is located in Guangzhou, the capital city of Guangdong Province, Angolan news agency Angop reported.

2016-04-18

Cape Verde-China economic ties to strengthen: President Fonseca

The President of Cape Verde, Jorge Carlos Fonseca, on Saturday said he hoped co-operation between the African nation and China would increasingly focus on economic matters, finance and business.

2016-04-15

China’s State Grid wins bids for two transmission lines in Brazil

State-run utility State Grid Corporation of China won on Wednesday separate cash bids to build and operate a total of two power transmission lines in Brazil, state-run news agency Xinhua reported.