Economic and Business Information

2017-03-30

Mainland economy on track to grow by 6.8 pct in Q1, says think tank

Gross Domestic Product is on target to grow by 6.8 percent in the first quarter, according to the National Academy of Economic Strategy.

2017-03-30

Macao, Portuguese-speaking Countries firms on trade tour of Mainland

Zhuhai, Jiangmen and Zhongshan were the destinations on a trade tour led by the Macao Trade and Investment Promotion Institute (IPIM) this week.

2017-03-30

Portugal ready to welcome more Mainland investment in manufacturing

Portugal’s Economy Minister Manuel Caldeira Cabral says his government wants to attract more Mainland investment in manufacturing, Jornal de Negócios reports.

2017-03-29

Leading industrial firms record profitable start to year

The combined profits of the most important industrial companies in the Mainland grew to RMB1.02 trillion (US$148 billion) in the first two months of this year, 31.5 percent more than in the equivalent period last year, Xinhua reports, citing data from the National Bureau of Statistics.

2017-03-29

Use bilingual people in Macao for e-commerce, Govt urges entrepreneurs

The Macao Government and the Sino-Portuguese E-Commerce Chamber are encouraging young entrepreneurs to employ people in Macao that are bilingual in Portuguese and Chinese for the purpose of international e-commerce, Jornal Tribuna de Macau reports.

2017-03-29

Mozambican market for Chinese traditional medicine explored

Representatives of Guangdong-Macao Traditional Chinese Medicine Technology Industrial Park Development Co. Ltd. have visited Mozambique with a view to increasing co-operation between the Mainland and Mozambique in various areas, the company said.

2017-03-28

Chinese energy firms can grow in other markets with Portuguese support

The growth of the Mainland’s energy companies in Brazil could be replicated in other markets, including Africa, with technical and logistical support from Portugal, the People’s Daily reports.

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.