Macau: Sao Paulo Commercial Association opens office to act in Pearl River Delta

2 February 2009

Macau, China, 2 Feb – Business opportunities in the Pearl River Delta are a priority for the Sao Paulo Commercial Association (ACSP) in Macau, said the head of the Brazilian association in the Chinese territory.

Carlos Amaral, who is responsible for the Office set up in Macau at the end of last year, told news agency MacauNews that the ACSP aimed to focus its Chinese operations on the business potential in the Pearl River Delta.

The Pearl River Delta, despite covering just 0.5 percent of the Chinese territory and having just 5 percent of the country’s population, accounts for 20 percent of China’s gross domestic product (GDP).

According to Amaral, the aim is to use Macau to “get more business for Brazil based from this region in Southern China.”

Amaral said that Macau was an “an important bridge to Mainland China.”

“we are working with businesses from Brazil in order to help them export to Macau, particularly food products,” he said.

Amaral also told MacauNews that ACSP’s choice to open an office in China had fallen to Macau “because of the language, the support from the local government and because it is a good platform from which to enter the mainland.”

He also noted that there were good opportunities for businesspeople and groups in Macau and China to export to Brazil, particularly in the construction materials and medical equipment sectors.

“We are available to support Chinese and Brazilian companies that want to do business. We are not limited to helping Brazilian companies,” Amaral added.

Brazil launched a campaign in China with a view to doubling bilateral trade in 2009.

Brazilian imports of Chinese products rose 56.9 percent in 2008, as compared to 2007, and reached US$20 billion, according to figures from Brazil’s Development, Industry and Foreign Trade Ministry (MDIC), published in Brasilia.

According to the ministry, the export of Brazilian products to China also rose by almost the same proportion (50.8 percent) reaching US$16.4 billion.

The Brazilian balance of trade ended 2008 with a deficit of US$24.7 billion, which is the worst result since 2002. (macauhub)