Economic and Business Information

2017-04-20

IMF revises prospects for Chinese economy; forecasts 6.6 pct growth this year

The International Monetary Fund has increased to 6.6 percent from 6.5 percent its prediction of the rate of expansion of the Mainland’s gross domestic product this year.

2017-04-20

Government announces minimum wage increases for nine occupations in Mozambique

Mozambique’s government has announced increases in the minimum wage in nine occupations, the increases ranging from 5.5 percent to 21 percent, AIM reports.

2017-04-20

IMF forecasts Brazilian economy will grow this year and next

The International Monetary Fund forecasts that Brazilian gross domestic product will expand by 0.2 percent this year.

2017-04-19

Beijing Capital Airlines to start direct China-Portugal flights on July 26

Beijing Capital Airlines will begin flying direct between the Mainland and Portugal on July 26, Lusa reports. The Portuguese news agency quotes the airline as saying it will put on return flights three times a week between Lisbon and the eastern Chinese city Hangzhou, routed via Beijing.

2017-04-19

Cape Verde, Huawei agree on closer co-operation in technology

The Information Society Operational Nucleus of Cape Verde and Huawei Technologies Co. Ltd. have agreed to co-operate in information communication technology, A Semana reports.

2017-04-19

Mainland China interested in investing in Angola’s far north

Ambassador to Angola Cui Aimin says Mainland China is interested in investing in the energy, tourism, agriculture and fisheries in Soyo in the northern Angolan province of Zaire, Angop reports.

2017-04-18

Chinese economic growth accelerates to 6.9 percent in Q1

The annual rate of growth in Chinese gross domestic product increased to 6.9 percent in the first quarter of this year, the fastest pace for 18 months, Xinhua reports, citing National Bureau of Statistics data.

2017-04-18

Macau Legend Development plans to invest more in Cape Verde

Gaming services company Macau Legend Development Ltd. intends to invest more in Cape Verde in banking, civil aviation and agricultural technology, Jornal Tribuna de Macau reports.

2017-04-18

São Tomé and Príncipe PM says Chinese financing in the pipeline

São Tomé and Príncipe Prime Minister Patrice Trovoada has said China will provide his country with what he described as ”significant funds” over the next five years, Lusa reports.

2017-04-13

Three Mainland firms table investments in Mozambique’s Maputo Province

Three firms have submitted proposals for infrastructure developments in Mozambique’s Maputo Province, Diário de Moçambique reports.

2017-04-13

Bank of China to open Angolan representative office in three months’ time

The Bank of China will open a representative office in Angola in August, the Portuguese news agency Lusa reports.

2017-04-13

Mainland, São Tomé and Príncipe to implement five-year co-operation plan

Mainland China is ready to implement a five-year bilateral co-operation plan with São Tomé and Príncipe, the state-run news agency Xinhua reports.