China has eased market entry rules to welcome more foreign investment in Beijing’s service sector. Industries involved include travel, aircraft maintenance and event promotion, Chinese state-run news agency Xinhua reported.

Construction work at Angola’s new Luanda International Airport should be completed by April 2017, local news agency Angop reported. Chinese company China International Fund Ltd (CIF) is building the infrastructure.

Subsidiaries of China National Petroleum Corp (CNPC) and Mozambican oil firm Empresa Nacional de Hidrocarbonetos (ENH) established last week a joint venture to jointly explore oil projects in the African nation, Chinese state-run news agency Xinhua reported. It is the first joint venture formed by Chinese and Mozambican state-owned companies.

Two Chinese companies will invest at least US$650 million in the agricultural and food-processing sectors of Angola in the near future, local newspaper Jornal de Angola reported.

Portuguese group Visabeira has signed a memorandum of understanding with Chinese Beijing Urban Construction Group. The aim is to jointly develop businesses in different areas, including infrastructure, public works, energy and property, Portuguese newspaper Público reported last week.

China imported 33 million tons of soybeans from Brazil in the first nine months of 2015, up by 15.3 percent from a year earlier, the Chinese Embassy in Brazil said in a statement.

Subsidiaries of Chinese state-owned power company China Three Gorges and Portuguese power firm Energias de Portugal (EDP) signed an agreement last week to jointly invest in a wind power project in the North Sea near Scotland, Portuguese news agency Lusa reported.

The Chinese Defence Minister, Chang Wanquan, met last week in Beijing with his Mozambican counterpart, Atanásio Mtumuke, to further the development of defence ties between the two nations, Chinese state-run news agency Xinhua reported.

Guinea-Bissau hopes to become a “platform” that would help companies from China and Portuguese-speaking Countries to enter the West African market, said Guinean Secretary of State for Planning and Regional Integration, Degol Mendes.

Portugal’s President, Cavaco Silva, has invited Pedro Passos Coelho to form the country’s next Government, even though his coalition will not hold the majority of seats in the nation’s Parliament.

A Chinese business conference, the Horasis China Meeting, held in Cascais, Portugal this week, was due to attract more than 300 Chinese and global business leaders, Portuguese news agency Lusa reported.

China’s Ambassador to Angola, Cui Aimin, has argued the two nations should move beyond traditional partnerships in infrastructure and housebuilding, and strengthen co-operation in agriculture, fishery, health, education and training.