Government delegation from Macau and Guangdong to promote investment opportunities in China to Brazil

4 August 2009

Sao Paulo, Brazil, 4 Aug (Lusa) – A government delegation from Macau and Guangdong province is to promote business and investment opportunities in southern China, said the director of the Sao Paulo Commercial Association Monday.

Sidnei Docal said that the Chinese government delegation, including over 100 representatives, would take part in a seminar on 10 August and added that Chinese authorities wanted to present “the Pearl River Delta region and its positive aspects in terms of business for Brazilian companies.”

Among those taking part will be the vice-governor of Guangdong province, Wan Qinglang, the vice-president of the Chinese Council for the Promotion of International Trade (CCPIT), Zhang Wei and the president of the Macau Trade and Investment Promotion Institute (IPIM), Lee Peng Hong.

The event in Sao Paulo comes before the fifth edition of the Meeting of Businesspeople for Economic and Commercial Cooperation between China and Portuguese-Speaking Countries, which will take place in Rio de Janeiro, between 11 and 13 August.

The Meeting of Businesspeople, an annual event since 2005, has already taken place in Angola (Luanda), Portugal (Lisbon), Mozambique (Maputo) and Cape Verde (Praia).

Of the more than 180 Chinese businesspeople who will be taking part in this annual initiative, around 90 operate on mainland China, 40 in Macau and the same number in the neighbouring province of Guangdong, according to data from the Macau Trade and Investment Promotion Institute (IPIM), quoted by MacauNews agency.

In addition to the delegations from Macau and China, representatives from Angola, Brazil, Cape Verde, Guinea Bissau, Mozambique, Portugal and East Timor will also be present. (macauhub)