Macau, China, 6 May – Business opportunities and the comparative advantages of Hong Kong, Zhuhai and Macau were presented Thursday in Sao Paulo to over 200 Brazilian businesspeople as part of an event organised by Invest Hong Kong (InvestHK), Invest Zhuhai and the Macau Trade and Investment Promotion Institute (IPIM).

This was the first time that the three trade and investment institutes had organised a joint session to promote the Great Pearl River Delta to Brazilian businesspeople.

In 2010 China overtook the United States to become Brazil’s top trading partner, with two-way trade totalling US$56 billion, or more than three times the amount seen in 2005.

In her speech, Echo Chan, the chief executive of IPIM noted Macau’s role as an economic platform between China and the Portuguese-speaking countries and mentioned the Fund for Cooperation and Development in the amount of US$1 billion announced by China’s Prime Minister, Wen Jiabao, during the latest summit meeting of Forum Macau. (macauhub)