Economic and Business Information

2017-01-10

Mainland registers a 14-pct increase in revenue from domestic tourism

Revenue from Mainland China’s domestic tourism industry rose 14 percent in year-on-year terms to 3.9 trillion yuan (US$563.6 billion) last year, Xinhua reports.

2017-01-10

University of Macau readies a Masters of Second Language Acquisition

The University of Macau will launch a Master of Arts in Second Language Acquisition in the 2017-18 academic year, the university announced this week.

2017-01-10

Brazil expects first loan from Chinese-backed US$20-bln fund in March

A proposed US$20-billion fund for Brazilian infrastructure projects could make its first investment in March, the Reuters news agency reports.

2017-01-09

Foreign firms closer to bidding on government procurement deals in Mainland

Foreign companies may soon be able to take part in government procurement tenders, the state-run China Daily reports.

2017-01-09

Angola’s quota for oil output lowered to 1.6mln barrels a day this year

The state-controlled oil company Sonangol will deliver 1.6 million barrels a day, the Angop news agency reports.

2017-01-09

Foreign Minister Wang Yi welcomes Africa to ‘One Belt, One Road’ initiative

Foreign Minister Wang Yi has reiterated Mainland China’s invitation to African nations to join the “One Belt, One Road” development strategy.

2017-01-06

São Tomé and Príncipe President stresses importance of restored ties with China

São Tomé and Príncipe President Evaristo Carvalho has emphasised the importance of the restoration of diplomatic relations between his country and Mainland China, A Bola reports.

2017-01-06

Didi Chuxing leads US$100-mln investment in Brazil’s 99

A group led by the largest transport network company in China, Didi Chuxing, will invest more than US$100 million in a Brazilian counterpart, 99, Reuters reports, quoting both Didi Chuxing and 99.

2017-01-06

Mainland gives Guinea-Bissau armed forces vehicles, office equipment

Beijing has given vehicles and office equipment worth 2 million euro (US$2.1 million) to the armed forces of Guinea-Bissau, TSF reports.

2017-01-05

Think-tank believes 6.5 pct GDP growth is a possibility for the Mainland this year

A government think-tank believes the Mainland economy could grow by 6.5 percent this year, having grown by 6.7 percent last year, the Shanghai Securities News reports.

2017-01-05

Portuguese ambassador to China wins award for economic diplomacy

The Portuguese Chamber of Commerce and Industry has given the Portuguese Ambassador to China, Jorge Torres Pereira, its award for the best economic diplomat of the year, Lusa reports.

2017-01-05

Brazilian government expects country’s trade to recover by the end of this year

The Brazilian Ministry of Industry, Foreign Trade and Services says Brazilian exports and imports should recover this year, and that the trade balance should end the year with a surplus similar to last year’s record surplus, Agência Brasil reports.