Economic and Business Information

2016-10-14

Ahead of further collaboration, Beijing offers 10,000 tonnes of rice to Mozambique

China will offer 10,000 tonnes of rice for emergency programmes in Mozambique, the O País newspaper reports.

2016-10-13

Direct flights between China, Portugal from June next year

Flights directly linking China and Portugal will commence in June, the Portuguese news agency Lusa reports. A protocol signed by the Portuguese tourism bureau, Turismo de Portugal, and the HNA aviation group will see three or four direct flights a week, Lusa says.

2016-10-13

China willing to assist Mozambique’s infrastructure development: Premier Li

China can contribute more to Mozambique’s development, particularly in the building and operating of roads, ports and natural gas pipelines, Premier Li Keqiang said earlier this week.

2016-10-13

Brazil, China create US$20-bln fund for industry and infrastructure projects

Brazil announced on Tuesday the formation of a US$20-billion fund for infrastructure and industrial co-operation, the mainland’s state-run news agency Xinhua reports.

2016-10-12

Angola considers mining investment fund to increase the industry’s development

Angola’s government is researching the establishment of a mining investment fund, the Angop news agency reports.

2016-10-12

State Council resolves to cut paperwork for some foreign investors

Beijing will relax its rules for foreign investment in a new drive to support economic development, reports the government-run news agency Xinhua.

2016-10-11

Consumer confidence on the rise in Brazil, fuelled by inflation and job hopes

Brazil’s Consumer Confidence Index in September rose by 1.1 percent in month-on-month terms, buoyed by positive expectations about inflation and unemployment, the Brasil news agency reports.

2016-10-11

Sinohydro clinches deal to build football stadium in Guinea-Bissau

Sinohydro Corp. will build a football stadium in Guinea-Bissau, the online news portal Macauhub reports. The state-owned company and Guinea-Bissau’s Minister of Youth, Culture and Sports, Tomás Barbosa, recently signed a memorandum of understanding in the Guinean capital, Bissau.

2016-10-11

Portugal and mainland make trade, investment pledge after Beijing meeting

China and Portugal have agreed to strengthen investment and trade after Premier Li Keqiang and Portugal’s Prime Minister António Costa met in Beijing on Sunday, Xinhua reports.

2016-10-07

500-mln yuan in subsidies will support progress in public-private partnerships

The mainland government will support the development of public-private partnerships with 500 million yuan (US$75 million) in subsidies this year, the Xinhua news agency reports.

2016-10-07

Brazil opens deep-water oil reserves to foreign investors

The National Congress of Brazil has voted to further open its pre-salt oil reserves to foreign investors and reduce the involvement of Petróleo Brasileiro S.A. – Petrobras, the Bloomberg news agency reports.

2016-10-07

Sino-Portuguese relations “stronger and stronger” says Foreign Affairs Ministry

Cooperation between the mainland and Portugal is “stronger and stronger” in many areas and the relationship between the countries is developing fast, the Portuguese news agency Lusa reports, quoting a press release from the Ministry of Foreign Affairs.