Economic and Business Information

2017-05-18

Portuguese trade and investment agency to open a fourth Mainland office

AICEP Portugal Global plans to open an office in Guangzhou, its fourth in China, towards the end of the year, the People’s Daily reports.

2017-05-17

Cape Verde consumer confidence index steady in first quarter

Cape Verde’s consumer confidence index was unchanged in the first quarter of this year, the country’s National Statistics Institute reports.

2017-05-17

Angolan tourism minister calls for development and co-operation from private sector

Angola’s Minister of Hotel and Tourism, Mr Paulino Baptista, wants more co-operation from tourism operators and associations eager to see development in the nation’s tourism sector, Angop reports.

2017-05-17

Mainland sends special envoy to East Timor inauguration

The Vice Chairman of the Standing Committee of the National People’s Congress of China, will attend the inauguration of East Timor’s new President, Xinhua reports.

2017-05-16

President Xi says Belt and Road conference achieves positive results

President Xi Jinping said an international conference on the Belt and Road initiative was positive, Xinhua reports.

2017-05-16

Portugal’s economic growth fastest for a decade in first quarter

The annual rate of growth in Portuguese gross domestic product was 2.8 percent in the first quarter of this year, the fastest since 2007, Statistics Portugal says.

2017-05-16

Former East Timorese president praises Mainland for its support

East Timor Minister of Planning and Strategic Investment Xanana Gusmão has praised Mainland China for supporting his country’s development, Lusa reports.

2017-05-15

São Tomé and Príncipe president expects Mainland deal to create jobs

São Tomé and Príncipe President Evaristo Carvalho believes co-operation with China will create jobs for young unemployed people in his country, Lusa reports.

2017-05-15

Greater Sino-Portuguese co-operation in power transmission, port mooted

Portuguese Secretary of State of Internationalisation Jorge Costa Oliveira has said his country is interested in involving the Mainland in the Portuguese port of Sines and in connecting the electricity grids of Portugal and North Africa, Xinhua reports.

2017-05-15

China to add another 100 bln yuan to coffers for Belt and Road initiative

Chinese President Xi Jinping has said his country will invest a further 100 billion yuan (US$14.5 billion) more into its Silk Road Fund, Xinhua reports.

2017-05-12

Cape Verde receives €10 mln funding for infrastructure projects from EU

The European Union’s regional programme for the Economic Community of West Africa States (ECOWAS) will provide €10 million to fund energy, competitiveness and transport in Cape Verde, Lusa reports.

2017-05-12

São Tomé and Príncipe offers visas on arrival to some Mainland visitors

São Tomé and Príncipe will grant visas on arrival to all Mainland visitors, Macauhub reports. The website says the Department of Foreign Affairs of São Tomé and Príncipe will also exempt holders of diplomatic and service passports from paying for visas for stays less than 15 days.