China: Zhao Chuang appointed new head of China-Lusophone trade forum

11 March 2008

Macau, China, 11 March – Zhao Chuang, commercial counselor of the department of international cooperation at the Chinese Ministry of Commerce, becomes on Tuesday that new permanent secretary general of the China-Lusophone forum, officials said.

Zhao, who replaces Wang Chengan, was selected Monday after a two-day meeting in Macau of the Permanent Secretariat of the Forum for Economic and Trade Cooperation between China and the Portuguese Language Countries.

Other new members of the Macau-based forum’s permanent secretariat are Cape Verde diplomat Manuel Amante da Rosa who will represent Lusophone states, Lok Kit Sim, head of the Macau government’s economy and finance office, and another still-to-be-nominated official from China’s commerce ministry.

Two-way exchanges between China and Lusophone states grew 35 percent in 2007 in an annual comparison to reach a value of US$ 46.35 billion. Figures for 2007 show these trade figures are set to surpass US$ 50 billion in 2008 a year earlier than originally forecast.

China’s main Lusophone trading partner is Brazil, with commercial exchanges last year increasing by 46.4 percent to a value of US$ 29.7 billion. Angola was China’s second biggest partner in the same period with a 19.4 percent year-on-year increase to US$ 14.11 billion. (macauhub)