Economic and Business Information

2017-05-31

China International Fund boosts investment in Angolan infrastructure

Hong Kong-based infrastructure development group China International Fund Ltd plans to invest US$750 million in six of its Angolan entities, the Portuguese news agency Lusa reports.

2017-05-29

University of Macau collaborates with Chinese Press to publish classic texts

The University of Macau has signed a cooperation agreement with the Foreign Language Teaching and Research Press in Beijing to translate and publish Chinese-language and Portuguese-language classics.

2017-05-29

State councillor Wang Yong to visit Angola on three-nation tour next week

State Councillor Wang Yong is scheduled to visit three African countries from June 1 to 9, the Ministry of Foreign Affairs says.

2017-05-29

Shanghai university hosts Portugal cultural exchange centre

A centre to train Portuguese-speaking professionals capable of helping facilitate the Belt and Road Initiative opened in Shanghai yesterday, the Shanghai Daily reports.

2017-05-26

Tourism boosts Mozambique’s conservation and anti-poaching efforts

Tourism development in in Mozambique’s nature conservation areas has generated increased revenues, with a significant portion used to fight poaching, Lusa reports.

2017-05-26

Portuguese Secretary of State to visit Mainland China, Macao next week

Portuguese Secretary of State for Industry João Vasconcelos will visit Mainland China and Macao next week, the Macao Business Daily reports.

2017-05-26

US$20-billion Chinese-backed fund to build Brazilian industry starts next week

The US$20-billion Brazil/China Cooperation Fund for the Expansion of Productive Capacity starts operating next week, according to the Brazilian government.

2017-05-25

‘All New’ theme unveiled for Portuguese tourism congress in Macao

“Tourism: In the East, all new!” is the theme for the 43rd National Congress of Portugal Association of Travel and Tourism Agencies (APAVT) to be held in Macao in November.

2017-05-25

Portuguese economy to grow by more than 2 pct this year, says Finance Minister

Portugal’s economy will exceed the official growth forecast of 1.8 percent this year, Finance Minister Mario Centeno told Reuters yesterday.

2017-05-25

Mainland banks stay at the top of Forbes’ list of biggest public companies

Two Beijing banks remain at the top of the Forbes magazine ranking of the 2,000 biggest publicly owned companies. The Industrial and Commercial Bank of China (ICBC) and China Construction Bank retained the first two positions in the list released by the magazine.

2017-05-24

Angola’s exports of oil to the Mainland soar by 15 pct last month

Angola was the Mainland’s second-biggest oil supplier last month after its exports rose to 1.114 million barrels a day, Reuters reports.

2017-05-24

Chongqing seminar and carnival promotes Portuguese-speaking Countries

The Macao Trade and Investment Promotion Institute (IPIM) held twin activities to promote trade cooperation between Mainland China and the Portuguese-speaking Countries last weekend.