Following the EDP’s capital increase of 1 billion, which generated the issue of 218.34 million new shares, the electricity company informed the market on the 14th of March that its major shareholder, China Three Gorges, subscribed 45,755,458 shares representing approximately 1.09% of EDP’s share capital.

By June, the Chinese electric bus maker Higer Bus will be preparing to deliver its first 50 units of the Azure A12BR vehicles, sold to municipalities in São Paulo.

YuanTech Solar, a Chinese photovoltaic panel manufacturer, announced its first shipment to the Brazilian market on the 10th of March, after obtaining INMETRO certification earlier this year. Highly efficient, the YTM550P-72/M modules, which are being marketed in Brazil, will be used in local photovoltaic projects of a commercial and industrial nature.

On the 13th of March, CGN Brasil held a ceremony to receive the equipment at the Tanque Novo Wind Complex. The company also confirmed the opening date of the Tanque Novo wind farm for next April. The event was attended by Elbia Gannoum, CEO of ABEEÓLICA, Carlos Tsubake, Commercial Director of Enseada and Fang Likui, President of CGN Brasil.

The government of the People’s Republic of China has offered the Guinean government 1,062 tonnes of rice, which corresponds to 21,239 50-kilogram sacks of rice to support the economically needy population, as part of emergency humanitarian aid.

The Chinese brand Lenovo, a manufacturer of personal computers, smartphones and televisions, was officially launched in Angola on the 15th of March through the distributor Stylus.

Rice exports totaled 103,755 tonnes in February, with revenues of US$30.5 million. The numbers were released on the 10th of March by the Brazilian Rice Industry Association (Abiarroz), which works to include China among the destinations of the national product. The results were below those achieved in the same month of 2022, when the exported volume was 129 thousand tons, representing US$ 37.9 million.

Starting on the 15th of March, Chinese citizens will be able to take group trips to over 40 countries, including Portugal and Brazil, the Chinese Ministry of Culture and Tourism announced on the 10th of March.

The battery manufacturer, China Aviation Lithium Battery Technology (CALB) has already started the environmental licensing process for the construction project of the Lithium Battery Unit, in Sines, in the Setúbal district, for electric vehicles, presenting at the end of February to the Portuguese Environment a Scoping Proposal of the Environmental Impact Assessment.

The Leonora Group reinforces the internationalization of operations through the office opened in China. The brand of stationery, which is headquartered in Santa Catarina, estimates revenue of R$390 million in 2023 with diversified strategies.

The China (Zhejiang) Economic and Trade Seminar was held in Lisbon on the 7th of March, 2023. The delegation from Zhejiang, the province of origin of the majority of the Chinese community living in Portugal, is one of the first official Chinese delegations to visit Portugal in the post-pandemic period.

The China National Offshore Oil Corporation (CNOOC), one of the winners of the 6th tender for the exploration of hydrocarbons, launched in November 2021 by the National Petroleum Institute (INP), expects to sign contracts for the start of activity soon.