Economic and Business Information

2017-05-25

Mainland banks stay at the top of Forbes’ list of biggest public companies

Two Beijing banks remain at the top of the Forbes magazine ranking of the 2,000 biggest publicly owned companies. The Industrial and Commercial Bank of China (ICBC) and China Construction Bank retained the first two positions in the list released by the magazine.

2017-05-24

Angola’s exports of oil to the Mainland soar by 15 pct last month

Angola was the Mainland’s second-biggest oil supplier last month after its exports rose to 1.114 million barrels a day, Reuters reports.

2017-05-24

Chongqing seminar and carnival promotes Portuguese-speaking Countries

The Macao Trade and Investment Promotion Institute (IPIM) held twin activities to promote trade cooperation between Mainland China and the Portuguese-speaking Countries last weekend.

2017-05-24

Foreign Minister Wang pledges greater co-operation with Africa on Belt and Road

Beijing is willing to strengthen cooperation with African countries through the Belt and Road initiative, Xinhua reports.

2017-05-23

Brazil’s economy forecast to swing to growth, says central bank

An index that predicts Gross Domestic Product has forecast the end of Brazil’s recession in the first quarter of this year, the Government-run Xinhua news agency reports.

2017-05-23

Think tank says China’s economy grows at 6.8pct in second quarter

The State Information Centre of China expects the country’s economy to expand by 6.8 percent in the second quarter of this year, Reuters reports.

2017-05-23

Angola to grow 2.3pct this year, says African Economic Outlook report

The Angolan economy will grow by 2.3 percent this year and 3.2 percent next year, according to the African Economic Outlook report released yesterday.

2017-05-22

Mainland-East Timor bilateral ties are important, says President Xi

President Xi Jinping says Mainland China attaches great importance to bilateral relations with East Timor, the Government-run news agency Xinhua reports.

2017-05-22

Cape Verde welcomes Belt and Road Initiative, plans more cooperation

Cape Verde is ready to support the Mainland’s Belt and Road Initiative in what has been presented as a deepening of the bilateral cooperation between the two countries, Xinhua reports.

2017-05-22

Office for China-Portuguese Speaking Countries Cooperation Fund to open next month

The headquarters of the Fund for Development Cooperation between China and the Portuguese-speaking Countries in Macau will open next month.

2017-05-19

FDI flow into the Mainland steady throughout first third of the year

Foreign direct investment in Mainland China fell to 59.91 billion yuan (US$8.73 billion) in April, 4.3 percent less than a year earlier, Xinhua reports.

2017-05-19

Brazilian football administrator sees potential for co-operation with China

A Brazilian football administrator has said he sees great potential for Sino-Brazilian co-operation in developing the game in China, CNC reports.