Economic and Business Information

2017-03-01

Cape Verde hotels see 13.2-pct increase in number of hotel guests last year

The number of tourists staying in Cape Verde’s hotels and hostels increased by 13.2 percent last year, the country’s National Statistics Institute announced this week.

2017-03-01

Stability and progress are keys to this year’s economic work, Xi tells leadership

A policy of “seeking progress while maintaining stability” is the central theme to this year’s economic work programme, President, Xi Jinping said on Tuesday.

2017-03-01

Mainland to invest US$184 mln in Guinea-Bissau power plant fuelled by biomass

Mainland China plans to invest US$184 million in the construction of a 30-megawatt biomass power plant in Guinea-Bissau, the Reuters news agency reports.

2017-02-28

Mainland’s GDP will grow by 6.6 pct in first quarter, says think tank

The Mainland economy will grow 6.6 percent in the first quarter of this year but growth will slow throughout the remainder of the year, the State Information Centre says.

2017-02-28

City University of Macau launches postgrad courses on Portuguese-speaking Countries

The City University of Macau will launch Master’s and Doctorate courses in Portuguese-speaking Countries Studies, the Jornal Tribuna de Macau reports.

2017-02-28

Mainland businessman, Angolan company establish agricultural products venture

Mainland businessman Deng Xingwu and Angolan company Ovaxing plan to invest US$3.1 million in an agriculture project in Angola’s Benguela province, Lusa reports.

2017-02-27

Centre for Chinese History and Culture targets Portuguese-speaking Countries

The University of Macau inaugurated its Centre for Chinese History and Culture on Saturday, the institution says. The university says the centre will help promote an understanding of Chinese culture in Portuguese-speaking Countries.

2017-02-27

Angola’s oil exports to the Mainland surge 63.5 pct last month

The exports of Angolan oil to the Mainland surged to an average of 1.17 million barrels a day last month, a 63.5-percent increase in year-on-year terms, according to data from the Chinese General Administration of Customs.

2017-02-27

Mainland steelmaker announces plan to build coking plant in Mozambique

Steelmaker China Brazil Xinnenghuan International Investment has announced it will build a plant in Mozambique to turn coal into coke, O País reports.

2017-02-24

Brazil working on high-level plan to entice more Mainland visitors, says chamber

Brazil is working to promote itself as a more attractive tourist destination for Chinese travellers, the Mainland government-run CCTV reports.

2017-02-24

Mainland team to start work at Guinea-Bissau biomass power plant next month

Preliminary work to build a Mainland-backed biomass power plant in Mansoa, in Guinea-Bissau, will begin next month, the Macauhub website reports.

2017-02-24

Mainland China biggest export market for Portuguese beverage maker Unicer

Mainland China was the leading destination for exports of beer, wine and soft drinks from Unicer Bebidas de Portugal, SGPS, SA last year, Público reports.