From 2010 to 2015, Shenzhen’s GDP grew at a rate of 79 per cent. This year, Shenzhen’s GDP is expected to reach US$350 billion, surpassing the projected US$345 billion GDP of neighbouring Hong Kong.
The Angolan government has approved the creation of a National Council of Public Works (CNOP) to coordinate major state works, replacing other existing structures under Presidential Decree No. 202/18, which came into force on 31 August.
China's Belt and Road initiative will provide relevant opportunities for European companies in the infrastructure, maritime, logistics, banking and financial services, professional services and energy sectors, according to the European Union Small and Medium Enterprises Centre (EU SME Centre).
Entities from Mozambique and China on Sunday in Beijing signed eight memoranda of understanding in the areas of infrastructure, industry, telecommunications, agriculture and financial services, during a business forum opened by Mozambican President Filipe Nyusi.
The World Bank suggests a stronger focus on agro-industry and light industry in Mozambique as a way to promote job creation and economic development in the coming years.
The New Development Bank (NDB), a financial institution created by the BRICS countries (Brazil, Russia, India, China and South Africa) is now available to finance non-member countries, becoming a source of funding for public-private projects.
China Railways has proposed the construction of a rail link connecting Mozambique to Zimbabwe via Zambia, a project costing an estimated US$2.5 billion that will give companies in the latter two countries easy access to Mozambique's ports.
Danny Leong, a Macao-born researcher in his 20s, discovered a new ant species in Macao, making them the fourth species to be named after the city.
Logistics and Distribution Centres, with a central role in wholesale and retail supply and price formation, are open to the private sector in Angola, under new legislation already in force.
Visitors to the Cotai Strip today see a row of luxury hotels and casinos, resembling the famous strip in the American gambling mecca of Las Vegas. Little do they know that the ground beneath their feet was once sea, an anchorage that played an important role in the history of Macao and its part in the Maritime Silk Road.
Loans granted by China have become increasingly important in the maintenance and construction of roads in Mozambique and are expected to account for 53% of external financing in the road sector in 2018, the local press reported.
The Macao Museum is showing an exhibition detailing the extraordinary story of how a fully loaded cargo junk of the Southern Song dynasty (1127–1279) was recovered from the bottom of the sea off the coast of Guangdong province, where it now sits on permanent display at the Maritime Silk Road Museum.
The reform and opening of China in the last four decades have been “extremely successful,” the head of Brazil’s Trade and Investment Promotion Agency (Apex-Brasil) told Xinhua news agency.
The Macao Museum of Art (MAM) is showing an exhibition that transports visitors thousands of kilometres away to the southern coast of France, inviting them to experience the sharp light, deep sea blue, and rich colours of the Mediterranean through the work of a celebrated artist.
Credit granted by Chinese banks will support the financing needs of the Angolan State Budget for this year, which should signal a multi-level policy shift for the country, according to the International Monetary Fund.
If you’re a sports fan in Macao, chances are you tune in to football and basketball games for your weekly sports fix. The little-known sport of rugby is more associated with prep schools and elite colleges, and the smaller-scale sports fields in Macao bear little resemblance to the sprawling manicured lawns of the English boarding school where the sport was born.
The civil aviation sector in Mozambique, which is in the process of liberalisation, as of the end of August will have new competition rules, under legislation recently approved by the government.
Since China became Africa’s largest trading partner in 2009, trade has continued to flourish, aided by cooperative frameworks put in place by the Chinese government and its African counterparts. The momentum is expected to build over the medium term, and the Beijing Summit of the Forum on China-Africa Co-operation in September is likely to help ensure that these increasingly close economic ties become even closer.
Five of the six Portuguese-speaking African countries are on the list of 44 states that have subscribed to the African Continental Free Trade Area (AfCFTA) project, which received a generally positive reception from civil society.
For more than 30 years, Zhongshan has been one of the ‘four little tigers’ of Guangdong, an industrial powerhouse closely linked to the economies of Macao and Hong Kong. With the 13th Five-Year Plan (2016–2020), the central government gave the city four new priorities for its future development.