Recently, the Portuguese-Chinese Chamber of Commerce and Industry (CCILC) strengthened its strategic presence in the Greater Bay Area by signing a Memorandum of Understanding (MoU) with the Guangdong Association for the Cooperation and Development Promotion of Enterprises.

The signing of the memorandum marks a significant step in strengthening bilateral relations, with plans to promote resource sharing and information exchange, develop joint projects in Portugal, and stimulate sustainable investment and business exchange between the two countries.

The Guangdong Association for the Cooperation and Development Promotion of Enterprises, as a regional platform for business cooperation, plays a central role in promoting the local economy and strengthening international trade ties. The collaboration now formalized with CCILC opens up new prospects for Portuguese companies interested in expanding into the Chinese market and vice versa.

(Source: CCILC, on July 30)