President calls for more Chinese investment in Angola

Angolan President João Lourenço has called for Chinese companies to invest more in producing consumer goods in his country, Angop reports.

The Angolan state-owned news agency says Mr Lourenço, speaking in Beijing during the Sino-African summit meeting there, suggested that Chinese enterprises and Angolan businesspeople form mutually advantageous partnerships which would bring Chinese know-how to Angola.

New legislation has made the Angolan business environment more attractive to foreign investors, Angop quotes Mr Lourenço as saying.