Economic and Business Information

2016-09-28

Chinese economy forecast to grow 6.6 pct in final quarter, says new report

The Chinese economy will grow 6.6 percent in the fourth quarter, says the Chinese Academy of Social Sciences.

2016-09-28

Beijing to fund vocational training centre in Angola’s Huambo Province

The Chinese Government will help fund the building of a Vocational Training Integrated Centre in Angola’s Huambo Province next year, the Jornal de Angola newspaper reports.

2016-09-28

Mainland China and Azores to co-operate in the dairy sector

China and the Portuguese autonomous region of Azores are looking to enhance co-operation regarding the dairy sector, Portuguese news agency Lusa reports.

2016-09-27

Cape Verde expecting more than 650,000 tourists this year

The government of Cape Verde forecasts that more than 650,000 tourists will visit the country this year, A Semana reports.

2016-09-27

State Grid Corp of China increases stake in Brazilian electricity utility

Brazil’s largest pension fund, Previ, will sell its 29-percent-stake in Brazilian electricity company CPFL Energia SA to State Grid Corp of China, Reuters news agency says.

2016-09-27

Portuguese prime minister to visit China, including Macao

Portuguese Prime Minister António Costa will visit China from October 8 to 12, Jornal de Negócios reports. The Portuguese newspaper says Mr Costa’s visit will include a stop in Macao. It cites a statement issued by the prime minister’s office.

2016-09-26

Mozambique to build industrial park with China’s assistance

The government of Mozambique has identified a number of potential locations and participants to be involved in an industrial park that will be built with Bejing’s assistance, according to China’s Ambassador to Mozambique Su Jian.

2016-09-26

Three infrastructure projects in Angola’s Cabinda won by mainland firms

Chinese companies have won three infrastructure contracts in the Angolan city of Cabinda, online news portal Macauhub reports.

2016-09-26

Macao-Beijing-Lisbon route being assessed by Air China, Air Macau

Mainland carrier Air China and its subsidiary Air Macau are assessing a new route form Macao to Beijing and Lisbon, reports the Jornal Tribuna de Macau newspaper.

2016-09-23

China becomes world’s second biggest provider of direct investment

The mainland has overtaken Japan to become the second biggest source of outbound direct investment (ODI) in the world, according to official data.

2016-09-23

Mainland officials consider forgiving Mozambican debt

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

2016-09-23

School rehabilitation in Cape Verde benefits from Chinese donation

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