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Belt and Road | Greater Bay Area

Macau’s liberal professionals visit Brazil in fourth quarter

6 August 2019
| Brazil | China | Macau
Professionals from Macau are scheduled to pay a visit to Brazil in the fourth quarter of 2019 on an exchange with their Brazilian counterparts, including lawyers, the president of the Macau Trade and Investment Promotion Institute (IPIM) said on Monday.

China wants to increase cooperation with Timor-Leste in the petrochemical industry

5 August 2019
| China | Timor-Leste
China is keen to increase cooperation with Timor-Leste in the petrochemical, agriculture and fisheries sectors, said Chinese Foreign Minister Wang Yi in Bangkok during a meeting with his East Timorese counterpart, Chinese state news agency Xinhua reported.

Macau casino revenues falls 3.5% in July

2 August 2019
| Macau
Macau's gross casino revenues fell 3.5% year-on-year in July to 24.453 billion patacas (US$3.056 billion), the Gaming Inspection and Coordination Bureau said.

Solar plant in Mozambique starts commercial operation

1 August 2019
| Mozambique
The Mocuba solar power plant in Mozambique has started commercial operation following its connection to the national power grid, Norwegian company Scatec Solar said in a statement in Oslo.

Macau’s trade deficit improves in the first half of 2019

31 July 2019
| Macau
Macau's trade deficit improved by 3.3% year-on-year in the first half of 2019 to 36.016 billion patacas (US$4.502 billion), according to the Statistics and Census Bureau.

Trade between China and Portuguese-speaking countries increases 3.8% from January to May

30 July 2019
| Angola | Brazil | Cabo Verde | China | Guinea-Bissau | Macau | Mozambique | Portugal | São Tomé and Príncipe | Timor-Leste
The value of trade between China and Portuguese-speaking countries grew 3.8% year-on-year to US$58.836 billion between January and May 2019, according to official Chinese figures released by Forum Macau.

Brazil starts exporting dairy products to China in August

29 July 2019
| Brazil | China
Brazil's first dairy exports to China are expected to take place next August, said Brazil's Minister of Agriculture, Livestock and Supply.

Angolan oil production expected to continue to decline in 2019/2020, EIU says

26 July 2019
| Angola
Angola's oil production is expected to continue to decline in 2019/2020, remaining well below the quota agreed with the Organization of Petroleum Exporting Countries (OPEC) of 1.481 million barrels per day, predicted the Economist Intelligence Unit.

China pledges to increase support to Angola

25 July 2019
| Angola | China
China's Foreign Minister Wang Yi has pledged to further strengthen strategic ties between China and Angola, according to the Xinhua news agency.

Portuguese company partners Chinese group for real estate project in Portugal

24 July 2019
| China | Portugal
Portuguese construction company Teixeira Duarte has partnered with China State Construction Engineering Corporation to develop a real estate project in Oeiras, outside the capital Lisbon, the company said in a statement issued through the Portuguese Securities Market Commission.

Macau welcomes 20.2 million visitors from January to June 2019

23 July 2019
| China | Macau
More than 20.2 million people visited Macau in the first half of 2019, an increase of 20.6% year-on-year, according to the region's Statistics and Census Bureau, which added that visitors remained in the territory for an average of 1.1 days, or a drop of 0.1 days.

Mozambique hires CITIC group to build 35,000 houses

22 July 2019
| China | Mozambique
A subsidiary company of the Chinese state-owned CITIC group will build 35,000 homes in Mozambique under a recently signed agreement with the Housing Development Fund (FFH), the mediaFAX website reported.

Mozambique intends to continue to participate in the Belt and Road initiative

19 July 2019
| China | Macau | Mozambique
Mozambique will continue to actively participate in the Belt and Road initiative by attending major events such as the China International Imports Exhibition in Shanghai, a ministerial official said recently in Maputo.

Cabo Verde and São Tomé and Príncipe scrap entry visas and recognize driving licenses

18 July 2019
| Cabo Verde | São Tomé and Príncipe
Foreign ministers from Cabo Verde and São Tomé and Príncipe on Wednesday in Mindelo signed agreements for mutual visa exemption and recognition of driving licenses between the two countries, the local press reported.

Fidelidade insurance group negotiates investment reinsurance services in seven countries with China Reinsurance Corp

17 July 2019
| Angola | Cabo Verde | China | Mozambique | Portugal
Fidelidade has signed an agreement with China Reinsurance Corp to offer reinsurance to Chinese projects and investments abroad, the Portuguese insurer said in a statement released on Monday.

Macau’s plays an effective role in the expansion of economic and business relations between China and Portuguese-speaking countries

16 July 2019
| Angola | Brazil | Cabo Verde | China | Guinea-Bissau | Macau | Mozambique | Portugal | São Tomé and Príncipe | Timor-Leste
The Macau Special Administrative Region (MSAR) has been effective in its role as a platform in the expansion of economic and business relations between China and Portuguese-speaking countries, according to officials of the Macau SAR and China.

Macau Franchise Expo 2019 runs from 26 to 28 July

15 July 2019
| China | Macau
The Macau 2019 Franchise Expo (MFE) will take place from 26 to 28 July, continuing the theme of "Brand Expansion Continues, Business Opportunities to be Seized," said the Macau Trade and Investment Promotion Institute (IPIM).

São Tomé and Príncipe PM calls for investment in education

12 July 2019
| China | São Tomé and Príncipe
Investment in education transforms people's lives, the progress of companies and the destiny of a country, São Tomé and Príncipes' Prime Minister Jorge Bom Jesus said on Wednesday at the inauguration of the Confucius Institute of China at the São Tomé and Príncipe Public University.

Teaching Mandarin in São Tomé and Príncipe facilitates economic diplomacy and the relationship with China

11 July 2019
| China | São Tomé and Príncipe
The opening of a Confucius Institute in São Tomé and Príncipe and the teaching of Mandarin in the country will stimulate São Tomé's economic diplomacy and relations between the two countries, said the São Tomé prime minister.

Chief Executive restates that Belt and Road is a strategic opportunity for Macau

10 July 2019
| Angola | Brazil | Cabo Verde | China | Guinea-Bissau | Macau | Mozambique | Portugal | São Tomé and Príncipe | Timor-Leste
The Macau Chief Executive said on Tuesday that the construction of the Belt and Road is a strategic opportunity that allows the territory to keep pace with international development, integrate into national development and promote its own development.

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