An association of Brazilian private universities, ABMES, and the Beijing Language and Culture University in China have agreed to engage in cultural and academic exchanges, ABMES announced on Tuesday.

An official of Turismo de Portugal has said the Portuguese tourism authority hopes 400,000 Chinese will visit Portugal this year or next, making their country one of the 10 biggest sources of visitors to Portugal, Xinhua reports.

Setting up a stock exchange for trading shares priced in renminbi could help Macao develop financial services for economic engagement by China and the Portuguese-speaking world, the China Daily reports.

Of the 3.4 billion euros (US$3.75 billion) that foreigners paid to buy real estate in Portugal last year, Chinese paid about 5 percent, Xinhua reports.

Yang Jiechi, member of the Political Bureau and director of the Office of the Foreign Affairs Commission of the Central Committee of the Chinese Communist Party, is due to begin on Thursday a two-day visit to Brazil, where he will attend a meeting of security officials of the Brazil, Russia, India, China and South Africa (BRICS) bloc, the Chinese government has announced.

Brazil and Argentina are due to announce shortly that each country will admit Chinese visitors holding visas to enter the other, visas to enter European countries or visas to enter the United States, Lusa reports.

Chinese Ambassador to Portugal Cai Run has said Macao can help train people from lusophone countries in the business of finance, the Macao SAR Government says.

The Portuguese government will tomorrow invite contractors around the world to bid to build and run a container terminal in the port of Sines, Xinhua reports.

Macao-based dealer and supermarket operator Vang Kei Hong Trading Co. Ltd means to sell more Portuguese wine online in Mainland China, the Macao Daily News reports.

Chinese Ambassador to Brazil Yang Wanming has said the cumulative value of Chinese investment in Brazil is now nearly US$80 billion, invested by over 300 enterprises, the Chinese Embassy in Brasilia says.

São Toméan Foreign Minister Elsa Pinto has said São Tomé e Príncipe should follow the example set by China in achieving economic development in just 40 years, STP-Press reports.

Power Construction Corp. of China Ltd (Powerchina) says an Angolan subsidiary, Sinohydro Angola, has won three of the six contracts to build drought mitigation infrastructure in the southern Angolan province of Cunene.