China’s ambassador encourages Chinese companies to invest in Portugal

27 June 2016

China’s ambassador to Portugal said in Lisbon that the Portuguese government is waiting for Chinese companies to get involved in the country’s energy, services, financial, insurance, medical, health, maritime business, agricultural and infrastructure sectors.

Cai Run was speaking in the Portuguese capital to an economic delegation from the Pan Pearl River Delta (9+2) region, which includes nine Chinese province (Fujian, Jiangxi, Hunan, Guangdong, Guangxi, Hainão, Sichuan, Guizhou and Yunnan) and the Special Administrative Regions of Macau and Hong Kong, which visited Belgium and Portugal from 19 to 24 June.

The diplomat, according to a statement from the Macau Trade and Investment Promotion Institute (IPIM), said Portugal was a “land of marvels, with an excellent geographic location” and added that Chinese companies should make use of local advantages and explore existing business opportunities.

On the trip to Portugal IPIM organised a seminar in Lisbon to promote and expand Macau’s role as a platform for trade and economic cooperation between the Pan Pearl River Delta (9+2) region and the Portuguese-speaking countries.

At the meeting, which brought together dozens of participants, the president of IPIM, Jackson Chang, said that the city of Beijing and Portugal had been invited to be “Partner City and “Partner Country” of the 21st Macau International Fair (MIF) held from 20 to 23 October.

During the seminar Gu Wanjun, member of the Commission for Development and Reform of Guangdong province and director of the Office for Planning of the Secretariat of the Joint Executive Conference of the Pan Pearl River Delta (9+2) region, discussed the region’s economic potential.

The Pan Pearl River Delta (9+2) region accounts for one fifth of China’s area, one third of its population and a third of its GDP. (macauhub/CN/MO/PT)