Trade between China and Portuguese-speaking countries totals US$107 billion in first 11 months of 2011

30 December 2011

Macau, China, 30 Dec – Trade between China and the Portuguese-speaking countries from January to November totalled US$107.311 billion, a rise of US$23.950 billion or 29 percent against the same period of 2010 (US$83.361 billion) according to figures from the Chinese Customs Bureau published by the Forum Macau Permanent Secretariat Support Office .

China’s imports from Portuguese-speaking countries totalled US$72.034 billion between January and November, a rise of 27 percent against the same period of 2010, whilst China’s exports to Portuguese-speaking countries totalled US$35.277 billion, a rise of 32 percent, against the same period of 2010.

China’s Prime Minister, Wen Jiabao, at the 3rd ministerial conference of Forum Macau in November 2010 proposed to increase trade between China and the Portuguese-speaking countries to US$100 million by 2013. The figures now published have brought that target date forward by two years.

China established the Macau Special administrative Region (MSAR) as a platform to boost economic and trade cooperation with Portuguese-speaking countries in 2003, the year in which it set up Forum Macau, which meets every three years on a ministerial level. (macauhub)

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