Chinese investment in Brazil registered a significant growth of 33% in 2023, totaling US$ 1.73 billion, with emphasis on the electric vehicle and renewable energy sectors. Despite the slight reduction in the number of projects, the volume of capital invested reached one of the highest levels since 2007.

During the Forum on China-Africa Cooperation (FOCAC), Angola's Minister of Transport, Ricardo d'Abreu, announced the continuation of the partnership with Chinese companies to complete important infrastructure projects in the area of transport and logistics.

On the 4th of September, Angola's Minister of Transport, Ricardo d'Abreu, announced in Beijing the signing of four new agreements with Chinese companies, two of which with Huawei, a multinational network and telecommunications equipment company.

The 1st business meeting on Cross-Border E-Commerce Brazil - China (Hengqin) brought together business and government leaders from both countries, with special participation from E-Commerce Brazil, presenting opportunities with the aim of developing new business between companies from Brazil and China, especially in e-commerce, including segments such as marketplaces, SaaS platforms, logistics, payment methods and digital marketing.

The Chint Group has announced the installation of its first factory in South America in Itumbiara, Goiás. Initially, the plant will focus on the production of circuit breakers, but there are plans to produce inverters in the future.

iQiyi, an Asian video streaming platform, has announced the arrival of its VIP catalog in Brazil, offering Brazilian users access to over 8,000 Asian dramas, movies, animes and variety shows with Portuguese subtitles.

Salvador Caetano Auto, a leading Portuguese vehicle distributor and importer, has reached an agreement to import and distribute XPENG. This collaboration will allow XPENG electric vehicles to be sold in the Spanish and Portuguese markets by 2024.

According to the Center for Global Development Policy at Boston University, since the beginning of this century, the Asian giant has lent Africa US$170 billion for 1,243 initiatives. Of this total, almost US$60 billion was channeled to energy projects, and almost US$50 billion went to transport projects.

Chinese company Jiangzhou is investing in the sustainable development of Angola by implementing several economic and social projects.

Arctech Solar, a global leader in solar energy, opened its first factory in Latin America in the Camaçari Industrial Complex on August 30. With an area of over 8,000 square meters, Arctech Solar in Camaçari is expected to generate 300 direct jobs.

To celebrate the 50th anniversary of diplomatic ties between Brazil and China, more than 20 Brazilian journalists visited Hubei, in central China.

GWM (Great Wall Motors) is preparing for a significant investment in Brazil, with plans to invest a total of R$10 billion by 2032. In the first phase, the company will allocate R$4 billion to construct a new factory and a strategic research and development center in Brazil.