Economic and Business Information

2017-03-28

Profits at Mainland’s state-owned firms have surged, says Finance Ministry

Profit growth at the Mainland’s state-owned enterprises (SOEs) has accelerated this year, reflecting signs of improvement in the economy, the state-run news agency Xinhua reports.

2017-03-28

Consumer confidence in Brazil reaches its highest level since 2014: survey

Confidence among Brazilian consumers increased this month and is now at its highest since December 2014, Brasil reports.

2017-03-27

Portugal’s Economy Minister flags interest in ‘One Belt, One Road’ initiative

Portugal’s Economy Minister Manuel Caldeira Cabral says his country wants to take part in the “One Belt, One Road” initiative, China Radio International (CRI) reports.

2017-03-27

Business confidence in Brazil reaches a three-year peak, according to new survey

Business confidence in Brazil has reached its highest point in almost three years, the Brasil news agency reports.

2017-03-27

US$10 bln in China-led projects ready to start in Angola, says Ambassador

There are more than 180 projects worth US$10 billion that involve Mainland interests, poised to get underway in Angola, the Jornal de Angola reported.

2017-03-24

Beijing prepared to do more to attract foreign investors: Ministry of Commerce

Mainland China will continue to encourage foreign investment by relaxing regulations, Xinhua reports. The government-run news agency says 2015’s catalogue of industries open to foreign investment is being revised by the Ministry of Commerce.

2017-03-24

East Timor among 13 new members welcomed into Mainland-led AIIB

The Asian Infrastructure Investment Bank (AIIB) has approved 13 new members, the government-run Xinhua news agency reports.

2017-03-24

Portuguese Secretary of State of Tourism to visit China to promote Portugal

Portugal’s Secretary of State of Tourism, Ana Mendes Godinho, starts a tourism promotion visit to Mainland China on Sunday, reports Publituris.

2017-03-23

Business confidence improves in first quarter, PBOC survey finds

Business confidence among Mainland businesspeople improved in the first quarter of this year, Xinhua reports.

2017-03-23

Beijing outlines potential interests in Angola’s Lunda Sul province

Mainland enterprises could invest in agriculture, manufacturing, fisheries and forestry in the Angolan province of Lunda Sul, the Angop news agency reports.

2017-03-23

Two medical teams from the Mainland on the ground in Guinea-Bissau

There are two Mainland medical teams currently on the ground in Guinea-Bissau, one at the Central Military Hospital in the capital, Bissau, and the second is at Canchungo Hospital in the country’s north.

2017-03-22

‘Lu-Olo’ Guterres wins election to become fourth president of East Timor

Francisco Guterres, known as Lu-Olo, has been elected as the new President of East Timor after obtaining 57.08 percent of Monday’s vote, the Portuguese news agency Lusa reports.