China may be prepared to cancel some of the loans out has made to Mozambique, according to the newspaper Notícias.

China will donate 4.62 million escudos (US$46,726) to construct and renovate schools in Cape Verde, the news agency Inforpress reports.

Beijing will promote economic development by opening up the economy, Premier Li Keqiang said on Wednesday at the United Nations General Assembly.

Confidence in Brazil’s industrial sector increased for the fifth straight month and has reached its highest level in more than two years, the Brazilian news agency Brasil reports.

The Xinhua news agency will resume ties with Angop, the Angolan news agency. The political adviser at the Chinese Embassy in Luanda, Li Chong, made the announcement on Wednesday after visiting Angop’s headquarters.

Mainland cities are interested establishing twinning arrangements with Angolan cities, Angop reports. Chinese People’s Association for Friendship with Foreign Countries Vice-president Lin Yi made the comments while meeting the province of Luanda’s Deputy Governor José Manuel Cerqueira, the Angolan news agency says.

Confucius Institute Day on September 24 is being celebrated by the branch of the Confucius Institute at the University of Cape Verde in the Cape Verdean capital, Praia, A Nação reports.

The business environment for foreign firms investing in the mainland is improving, CCTV reports.

Young entrepreneurs in Macao hope to do business with Portugal in fields including wine and real estate, Jornal Tribuna de Macau reports.

Brazil’s services sector was 0.7 percent bigger in July than the month before, in another sign that the country’s economic recession is easing, Reuters reports, citing Brazilian statistics agency IBGE.

The Economist Intelligence Unit (EIU) expects the Mozambican economy to grow by 3.6 percent this year and to grow even faster in the following few years, Macauhub reports.

Academics say the annual rate of growth in the mainland economy could be 6.5 percent or 6.6 percent in the next five years, if the country persists with structural reform, Xinhua reports.