Companies from Mozambique can start paying their Chinese suppliers in yuan via banks in China, following the launch of a new offshore yuan clearing service, online news portal Macauhub reported.

The China Three Gorges (CTG) company will on Monday issue seven scholarships; for some Portuguese students that wish to join postgraduate programmes in China. The firm gave the news in a statement as quoted by Portuguese newspaper Económico.

The tourism industry of southern Huila province could support the diversification of the Angolan economy, said the head of the local Hotel and Tourism Department, João Silvestre Figueiredo.

A consortium led by China Investment Corp is negotiating a potential acquisition of a portion of Brazilian mining company Vale SA’s future iron ore output, Chinese state-run newspaper China Daily reported last week.

Macao’s Education and Youth Affairs Bureau will provide scholarships to 13 local students so that they can study at the Universidade Católica Portuguesa in the Portuguese capital, Lisbon.

The Chinese Government has developed a set of measures aimed at reducing companies’ costs, in order to stimulate economic growth, Chinese state-run news agency Xinhua reported.

The Angolan Government has awarded five new public works projects – worth in total US$163.5 million – to Chinese firms, Portuguese news agency Lusa reported last week. The schemes are under a credit line scheme provided by China.

There has been a 14.5 percent year-on-year increase in the number of students enrolling at Macao Polytechnic Institute (MPI) in order either to learn Portuguese or study in that language. The figures, relating to recruitment for the new academic year 2016/2017, were reported last week by local newspaper Macao Daily News.

Mozambique’s state-controlled sea and river transportation company, Transmarítima SA, has launched a public tender to hire a private partner. The aim is to develop a shipping service along the country’s coast, Mozambican newspaper Notícias reported last week.

Energy conglomerates from China have gradually become the dominant force in Brazil’s electricity industry, news agency Reuters reported last week.

A total of 14 tourism businesses from Portugal will take part in a seminar to be held at the 4th Macao International Travel (Industry) Expo (MITE), the Macao Government Tourism Office (MGTO) has announced.

China’s outbound direct investment (ODI) in non-financial sectors surged by 61.8 percent year-on-year in the first seven months of 2016. Such investment amounted to 673.24 billion yuan (US$102.75 billion), reported Chinese state-run news agency Xinhua.