More on Macau's role as a bridge between China and Lusophone countries

Monday, September 26, 2011

Another article on Macau and its role as a bridge between China and Portuguese-speaking countries:

Lusophone countries are working to bring in more Chinese investment through initiatives by Macau in a forum in Nanchang, the capital of the province of Jiangxi...Macao has been closely linked with Portuguese-speaking countries, namely Angola, Brazil, Cabo Verde, Guinea-Bissau, Mozambique, Portugal and East Timor, in economy and trade, due to being able to provide services to companies in the Chinese mainland to obtain advantages in the markets of these countries...In the 12th five-year plan, the Chinese central government established a policy of developing Macau to accelerate the construction of a better platform for commercial cooperation between the two sides. Since 2003 Macau has organized three ministerial conferences for economic and commercial trade between China and Lusophone countries, making the city the permanent secretariat of the forum. The latest data show that the volume of trade between China and Lusophone countries rose 27% annually to $62.9 billion between January and July 2011.


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