Macau: Cape Verde meeting brings together Chinese and Portuguese-speaking businesspeople

20 May 2008

Macau, China, 20 May – Businesspeople from mainland China, Macaua and the Portuguese-speaking countries are due to meet in Cape Verde next week to look into the creation of new businesses, Echo Chan, managing director of the Macau Institute for Trade and Promotion of Investment (IPIM) told Macauhub.

“The small and medium-sized companies, both from mainland China and Macau and from Portuguese–speaking countries will be the focus of the meeting,” she said.

This year’s meeting, which is held from 28 to 30 May in Praia is organised by IPIM, the Cape Verdean Agency for Investment and the Chinese Council for Promotion of International Trade (CCPIT).

“I’m not going to say that the meeting is significant for increasing overall trade between Chin and the Portuguese-speaking countries because that rise depends on various situations, but the meting is important because it is held annually in a different country,” said Echo Chan.

According to the IPIM director, changing venues makes it possible for Chinese businesspeople taking part “to see the level of development of these countries and take more initiatives, more decisions creating conditions to meet partners for business and investment.”

Echo Chan also said that Chinese businesspeople – mainly from small and medium-sized enterprises – had shown increasing interest in taking part in the meetings.

“This year, there is special interest in Cape Verde in the area of tourism (…) but, in general terms, the Chinese businesspeople want to find out about the economic and social situation of the countries they visit for the meeting,” she said.

From Macau mainly businesspeople from the construction, international trade, clothing, telecommunications, textile, real estate and pharmaceutical sectors will take part.

Recent Chinese customs statistics showed that goods and services wiorth US$9.4 billion were traded between Portuguese-speaking countries and China in the first two months of the year, 88.6 percent more than in the same period of last year. (macauhub)