Chongqing City, China, aims to facilitate business with the Portuguese-speaking countries

23 May 2016

The President of the Macau Trade and Investment Promotion Institute (IPIM) opened a centre for exhibition and trade of food products from Portuguese-speaking countries, in the city of Chongqing, China, IPIM said.

Chongqing is one of the largest municipalities in China with an area of ​​82,000 square kilometres, a population of 30 million people (18 million in the capital city) and in 2014 recorded a Gross Domestic Product of US$232 billion.

The centre, supported by IPIM, was opened during a visit by a Macau delegation to the “China Chongqing International Investment and Global Sourcing Fair” (CCISF) held in the Chinese city between 19 and 22 May attended by 16 countries and regions and 27 Chinese provinces and municipalities.

The Macau delegation included officials from issuing banks in Macau, Banco Nacional Ultramarino (BNU) and Bank of China, the Portugal-China Association of Young Entrepreneurs (AJEPC) and Macau businesspeople.

IPIM set up a pavilion at the fair to promote the investment climate in Macau and Macau’s role as a platform to facilitate business between China and the Portuguese-speaking countries, according to a statement from the institute.

The same statement said following the opening of the centre in Chongqing, IPIM hopes more companies in western China will be interested in buying and representing products from Portuguese-speaking countries, promoting further development of trade between China and the Portuguese-speaking countries and Macau’s position as a “Distribution Centre for Food from Portuguese-speaking Countries.”(macauhub/CN/MO)