In order to promote investment and trade cooperation between Jiangsu, Macao and Portuguese-speaking Countries and to open up new areas for cooperation, as part of Macau’s role as a platform, the Meeting of the Working Group for Investment and Trade Cooperation Promotion under the Council of the Summit for Commercial and Industrial Development of Jiangsu

The Permanent Secretariat of Forum Macao and the Hong Kong and Macau Affairs Office of the Yangzhou Municipal People’s Government jointly organised on May 10 the “Meeting on Cooperation on Production Capacity between Yangzhou, Macao and Portuguese-speaking Countries”.

Macao Secretary for Social Affairs and Culture Alexis Tam says Macao will hold in July the first of a series of events bringing together the cultures of China and the Portuguese-speaking Countries, Lusa reports.

Official figures indicate that the value of investment by Chinese companies in Brazil in the first 4 months of 2018 was US$1.34 billion, Xinhua reports.

Chinese state-owned electricity company China Three Gorges Corp. says it is bidding €9.07 billion (US$10.83 billion) to take control of Portuguese utility Energias de Portugal (EDP), Reuters reports.

The Chinese and Mozambican governments will start on Sunday a project to bring satellite television broadcasts of news and entertainment to 500 rural villages in Mozambique, Lusa reports.

The Portuguese government will resubmit for presidential assent a bill that would compel banks to tell the tax authorities if any depositor holds an account containing €50,000 (US$60,000) or more, Xinhua reports.

Chinese Ministry of Commerce Spokesman Gao Feng has said Macao plays what he called a “unique and important” role in economic relations between Mainland China and the Portuguese-speaking Countries.

Chinese food processor and trader Cofco International Ltd has employed 12 more grain buyers in Brazil so it can increase its purchases of soybeans grown there, Bloomberg reports.

Official figures indicate that the unemployment rate in Portugal fell to 7.9 percent in the first quarter of this year from 8.1 percent in the preceding quarter and 10.1 percent a year earlier, Reuters reports.

The Brazilian Ministry of Planning, Budget and Management says the managers of the Brazil-China Co-operation Fund propose to put US$2.4 billion into the first five projects they have chosen to support, Reuters reports.

Ms Xu Yingzhen, Secretary-General of Forum Macao, led delegates from the secretariat in attending on May 4 in Beijing, the 2nd Portuguese Language and Culture Day of the Community of Portuguese-speaking Countries. It was organised by the respective embassies to China