Economic and Business Information

2017-05-16

President Xi says Belt and Road conference achieves positive results

President Xi Jinping said an international conference on the Belt and Road initiative was positive, Xinhua reports.

2017-05-16

Portugal’s economic growth fastest for a decade in first quarter

The annual rate of growth in Portuguese gross domestic product was 2.8 percent in the first quarter of this year, the fastest since 2007, Statistics Portugal says.

2017-05-16

Former East Timorese president praises Mainland for its support

East Timor Minister of Planning and Strategic Investment Xanana Gusmão has praised Mainland China for supporting his country’s development, Lusa reports.

2017-05-15

São Tomé and Príncipe president expects Mainland deal to create jobs

São Tomé and Príncipe President Evaristo Carvalho believes co-operation with China will create jobs for young unemployed people in his country, Lusa reports.

2017-05-15

Greater Sino-Portuguese co-operation in power transmission, port mooted

Portuguese Secretary of State of Internationalisation Jorge Costa Oliveira has said his country is interested in involving the Mainland in the Portuguese port of Sines and in connecting the electricity grids of Portugal and North Africa, Xinhua reports.

2017-05-15

China to add another 100 bln yuan to coffers for Belt and Road initiative

Chinese President Xi Jinping has said his country will invest a further 100 billion yuan (US$14.5 billion) more into its Silk Road Fund, Xinhua reports.

2017-05-12

Cape Verde receives €10 mln funding for infrastructure projects from EU

The European Union’s regional programme for the Economic Community of West Africa States (ECOWAS) will provide €10 million to fund energy, competitiveness and transport in Cape Verde, Lusa reports.

2017-05-12

São Tomé and Príncipe offers visas on arrival to some Mainland visitors

São Tomé and Príncipe will grant visas on arrival to all Mainland visitors, Macauhub reports. The website says the Department of Foreign Affairs of São Tomé and Príncipe will also exempt holders of diplomatic and service passports from paying for visas for stays less than 15 days.

2017-05-12

Mainland China was a leading trading partner of Angolan products in 4Q16

Mainland China was the biggest buyer of Angolan exports and the second-biggest source of Angolan imports in the fourth quarter of last year, Portugal’s Lusa news agency reports.

2017-05-12

China makes US$30,000 donation to Angola’s efforts to combat malaria

Mainland China has donated US$30,000 of medical gear and equipment to assist the Lwini Foundation, an Angolan organisation that fights malaria, Angop reported.

2017-05-11

Mainland offers 200 scholarships to Guinea-Bissau’s government

Some 200 scholarships have been made available to Guinea-Bissau from the Mainland, the Macauhub website reports.

2017-05-11

Portugal sees new trilateral relationship involving China, São Tomé and Príncipe

Portuguese President Marcelo Rebelo de Sousa has flagged a new trilateral relationship involving the Mainland, Portugal and São Tomé and Príncipe, the Portuguese news agency Lusa reports.