China

A subsidiary of Chinese group Sinotrans Changhang invests US$30 million in Angola

30 December 2019

Sinotrans Angola has invested over US$30 million in Angola over the last 11 years, the assistant director-general of the subsidiary of Sinotrans Changhang said in Lobito, Benguela province on Friday.

Maritime transport loses importance in the connection between Hong Kong and Macau

27 December 2019

The number of visitors who arrived in Macau in November by sea, approximately 413,700, represented a decline of 39.0% year-on-year, said Statistics and Census Bureau.

Macau Chief Executive visits Guangzhou and Zhuhai to boost cooperation

26 December 2019

Macau Chief Executive Ho Iat Seng said, during a visit to the neighbouring province of Guangdong, that cooperation with Zhuhai in the joint promotion of Hengqin Island, in order to increase the space for growth and inject new dynamism to the development of Macau, is one of the long-term objectives of his government.

China puts Chinese-Brazilian satellite CBERS-4A into orbit

26 December 2019

The CBERS-4A satellite was launched in the early hours of Friday, 20 December, from the satellite launching centre of Zhanjiang, a city located in China's Shanxi province, about 700 kilometres from the capital, Beijing, according to official information.

Establishment of Forum Macau has allowed for exponential growth of trade between the member countries

26 December 2019

The value of trade between China and the Portuguese-speaking countries has increased 12-fold since the creation of the Forum for Economic and trade cooperation between China and the Portuguese-speaking Countries (Macau), in 2003, said the secretary-general of the Permanent Office, Xu Yingzhen, in statements to the Tribuna de Macau newspaper.

President Xi Jinping says that “one country” is a premise and pre-condition of “two systems”

20 December 2019

President Xi Jinping on Friday that the population of Macau recognises that "one country" is the premise and pre-condition for "two systems", respecting the socialist system adopted in the country and correctly dealing with relations with the central authorities.

Ho Iat Seng pledges to strengthen the application of “one country, two systems” principle in Macau

20 December 2019

The Chief Executive of the 5th Government of the Macau Special Administrative Region (SAR), Ho Iat Seng, gave assurances on Friday that he would continue to apply the "one country, two systems" policy, to comply with the Constitution and the Basic Law, to defend the interests of national development and to promote the social and economic development of Macau.

President Xi Jinping praises the economic and social achievements of Macau

20 December 2019

The President of China, Xi Jinping, on Thursday during a reception given on the occasion of his visit to Macau, praised the economic and social achievements of the Special Administrative Region in the last 20 years, which have enabled "rapid and robust development" in Macau and a substantial improvement in the well-being of its population.

Trade between China and Portuguese-speaking countries exceeds US$108 billion in the first nine months

20 December 2019

The value of trade between China and the Portuguese-speaking countries remained practically unchanged year-on-year from January to September 2019, rising by 0.05% to US$108.984 billion, according to official Chinese figures released by Forum Macau.

People’s Bank of China grants facilities to Macau residents for transactions in Renminbi

20 December 2019

The People's Bank of China has provided more facilities to Macau residents for individual transactions in renminbi (RMB), particularly cross-border transfers of funds, according to a statement issued by the Monetary Authority of Macau.

Angolan Finance Minister seeks to attract private companies from China

20 December 2019

Angola's Finance Minister, Vera Daves, has invited private companies from China to join the "new era of the Angolan economy" to help the country to explore its potential in agriculture, fishing, mining resources and tourism, in an interview with the China Daily newspaper.

President Xi Jinping says China is proud of Macau’s progress

19 December 2019

President Xi Jinping said on Wednesday as he arrived in Macau, that the Chinese government and the Chinese people are proud of the successes and progress of Macau since the administration of the territory returned to China 20 years ago.

China Communications Construction Co plans to acquire 30% of Portuguese group Mota-Engil

19 December 2019

The China Communications Construction Co (CCCC) plans to buy a minority position of 30% in Portuguese construction group Mota-Engil, in order to expand its international presence, financial news agency Bloomberg reported.

China will be the largest importer of chicken and beef from Brazil in 2019

19 December 2019

China, as well as being the largest trading partner of Brazil since 2009, will end 2019 as the largest importer of Brazilian chicken and beef, with a year-on-year growth of around 50%, according to figures from Brazil's Ministry of the Economy.

Huambo province, in Angola, attracts the interest of authorities of the city of Taizhou, China

18 December 2019

Angola's Huambo Province is a good place to invest due to its geo-strategic position and its agro-livestock and tourism potential the chairman of the Political Advisory Committee of the city of Taizhou, in China's Zhejiang province said on Tuesday in Huambo.

Hong Kong-Zhuhai-Macau bridge changes patterns of movement of visitors

18 December 2019

The opening of the Hong Kong-Zhuhai-Macau bridge, in October 2018, has altered the pattern of movement of visitors to Macau, including the reduction of the use of maritime terminals, according to one of the conclusions of a study prepared by the Macau Government Tourism Office.

Fitch Ratings keeps Macau’s credit rating unchanged, but changes outlook to “negative”

17 December 2019

Fitch Ratings has kept its credit rating for Macau unchanged at "AA" but has downgraded its outlook from "stable" to "negative", according to a statement issued on Monday in Hong Kong.

President of China visits Macau from 18 to 20 December

16 December 2019

The President of China, Xi Jinping, will visit Macau from 18 to 20 December to take part in the ceremonies to commemorate the 20th anniversary of the founding of the Macau Special Administrative Region (MSAR), according to Chinese state news agency Xinhua.

Macao and China National Space Administration place satellite in orbit

16 December 2019

The Government of Macau and the National Space Administration of China signed a cooperation agreement on the joint development of scientific and technological research for geomagnetic observation and a satellite technology test, said the government spokesman's office.

Chinese state consortium to build the second-longest bridge in Brazil

16 December 2019

A consortium of state Chinese companies has been awarded, without competition, the tender to build and manage the bridge that connects Salvador and Itaparica Island, as a public-private partnership, the government of the Brazilian state of Bahia said in a statement issued on Friday.

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