Economic and Business Information

2017-02-17

January’s FDI falls but medium-term sees favourable investment opportunities

The Ministry of Commerce is confident that the Mainland will continue to attract foreign direct investment (FDI) despite a slump last month, the Xinhua news agency reports.

2017-02-17

Mainland’s State Grid plans to buyout and delist Brazil’s CPFL

State Grid Corp. will buy the shares in CPFL Energia SA it does not currently own and then delist the Brazilian power company, the Reuters news agency reports.

2017-02-17

Ambassador Cui says Angola’s Malanje and Cuanza Norte are investment targets

Two of Angola’s most northern provinces have the greatest potential for attracting Mainland Chinese investment, Angop reports.

2017-02-16

Oil production drifts in January, but Angola holds lead over African competitors

Angola maintained its position as Africa’s biggest oil producer last month, according to the most recent monthly report from the Organization of the Petroleum Exporting Countries or OPEC.

2017-02-16

Portuguese economy grew by 1.4 pct in 2016

The gross domestic product (GDP) of Portugal grew 1.4 percent last year, easing from a 1.6-percent increase in 2015, the country’s National Statistics Institute announced on Tuesday.

2017-02-16

Top legislatures in Mainland and Mozambique pledge to work together more closely

Representatives of the top legislative bodies in Mainland China and Mozambique say they will build closer ties, Xinhua reports.

2017-02-15

Entrepreneurs and youth associations from Macao tour Portugal’s start-up incubators

Entrepreneurs and representatives of Macao’s youth groups are touring start-up centres in Portugal this week, says the Government’s Macao Economic Services department.

2017-02-15

China Development Bank in Angola to assess progress of projects, discuss ties

Angola’s President José Eduardo dos Santos has met representatives from the China Development Bank Corp. to discuss economic and financial co-operation, Jornal de Angola reports.

2017-02-15

Mainland and Mozambique pledge to expand co-operation after meeting in Beijing

Mainland China and Mozambique have agreed to strengthen mutually beneficial co-operation after a meeting in Beijing yesterday, the government-run news agency Xinhua reports.

2017-02-14

São Tomé and Príncipe welcomes Mainland medical team in boost for health care

A Mainland medical team has arrived in São Tomé and Príncipe to deliver health care services, the Macauhub website reports.

2017-02-14

Mainland hopes to see Cape Verde stadium used to promote table tennis

The National Stadium in Cape Verde could be used to promote the development of table tennis in the country, Cape Verdean news agency Inforpress reported on Saturday.

2017-02-14

Cultural festival at University of Aveiro to highlight Sino-Portuguese cultural dialogue

The Confucius Institute at the University of Aveiro plans to host an international seminar on Sino-Portuguese cultural relations, Portuguese radio station Terra Nova reports.