Economic and Business Information

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.

2017-03-22

Official ‘One Belt, One Road’ website is launched at www.yidaiyilu.gov.cn

The official website for the “One Belt, One Road” initiative was launched on Tuesday, the state-run news agency Xinhua reports.

2017-03-22

Mainland China donates rice worth US$8 mln to cyclone-affected Mozambique

Mainland China will donate rice worth US$8 million to help Mozambique’s recovery efforts in the wake of cyclone Dineo, a tropical storm that killed seven people and affected more than 500,000 people in Inhambane province.

2017-03-21

Innovation is key to keeping the economy moving forward, says Zhang Gaoli

Mainland China is committed to using innovation to drive development and revitalise the economy, Vice-Premier Zhang Gaoli said on Sunday.

2017-03-21

FDI into Mainland China increases by 9.2 pct last month

Foreign direct investment (FDI) into Mainland China increased to 58.6 billion yuan (US$8.49 billion) in February, an increase of 9.2 percent in year-on-year terms, Xinhua reports.

2017-03-21

Brazil’s exports to Mainland China at start of year are close to double last year’s

The value of Brazil’s exports to Mainland China nearly doubled in the first two months of this year, driven by a price hike for raw materials, the state-run Xinhua news agency reports.