Economic and Business Information

2017-05-19

FDI flow into the Mainland steady throughout first third of the year

Foreign direct investment in Mainland China fell to 59.91 billion yuan (US$8.73 billion) in April, 4.3 percent less than a year earlier, Xinhua reports.

2017-05-19

Brazilian football administrator sees potential for co-operation with China

A Brazilian football administrator has said he sees great potential for Sino-Brazilian co-operation in developing the game in China, CNC reports.

2017-05-19

Airline expects direct flights to link Mainland with the world beyond Portugal

An executive of Capital Airlines, which intends to fly direct between China and Portugal, has said the new service will help connect Mainland China with Africa and Latin America, Lusa reports.

2017-05-18

Mainland’s foreign minister schedules visit to Cape Verde on African tour

Chinese Minister of Foreign Affairs Wang Yi will visit four African countries, including Portuguese-speaking Cape Verde, Xinhua reports.

2017-05-18

Portuguese-speaking business leaders plan for tour of Zhongshan

A party of businesspeople from the Portuguese-speaking Countries and Macao will visit the city of Zhongshan this year on a business development trip, the Macao SAR Government has announced.

2017-05-18

Portuguese trade and investment agency to open a fourth Mainland office

AICEP Portugal Global plans to open an office in Guangzhou, its fourth in China, towards the end of the year, the People’s Daily reports.

2017-05-17

Cape Verde consumer confidence index steady in first quarter

Cape Verde’s consumer confidence index was unchanged in the first quarter of this year, the country’s National Statistics Institute reports.

2017-05-17

Angolan tourism minister calls for development and co-operation from private sector

Angola’s Minister of Hotel and Tourism, Mr Paulino Baptista, wants more co-operation from tourism operators and associations eager to see development in the nation’s tourism sector, Angop reports.

2017-05-17

Mainland sends special envoy to East Timor inauguration

The Vice Chairman of the Standing Committee of the National People’s Congress of China, will attend the inauguration of East Timor’s new President, Xinhua reports.

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.