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Sino-Lusophone meeting of businesspeople returns in 2024 after four years

The Meeting of Businessmen for Economic and Commercial Cooperation between China and Portuguese-speaking Countries will return in 2024, after a four-year hiatus due to the pandemic, it was revealed this Tuesday.

: Instituto de Promoção do Comércio e do Investimento de Macau
Instituto de Promoção do Comércio e do Investimento de Macau  

Macau leaders will go "to Portuguese-speaking countries to participate in events related" to the Sino-Lusophone business meeting, in accordance with the Chinese region's Governing Action Lines (LAG) for 2024.

The document, revealed this Tuesday, added that the objective of participating in the meeting is "to promote the new model of synergistic development between the industries of Macau and Hengqin" (Mountain Island).

Hengqin is an island adjacent to Macau, managed jointly with the neighboring province of Guangdong and which includes a special economic area, the Guangdong-Macao Deep Cooperation Zone.

Today, during the presentation of the LAG to the deputies of the Legislative Assembly (AL), the head of the Government of Macau, Ho Iat Seng, promised to "attract more companies from Portuguese-speaking countries to establish themselves in the Deep Cooperation Zone".

The LAG does not, however, reveal the location and dates for what will be the 15th Meeting of Businessmen for Economic and Commercial Cooperation between China and Portuguese-speaking Countries.

The last edition, held in July 2019, attracted around 150 businesspeople from mainland China, Macau, Portugal, Angola, Mozambique and Timor-Leste to the capital of São Tomé and Príncipe.

The event was organized by the São Tomé and Príncipe Trade and Investment Promotion Agency, the China Council for the Promotion of International Trade and the Macau Trade and Investment Promotion Institute.

Ho Iat Seng guaranteed this Tuesday that the sixth ministerial conference of the Forum for Economic and Commercial Cooperation between China and Portuguese-speaking Countries (Forum Macau), postponed since 2019, will also be held in 2024.

The Forum's permanent secretariat, based in Macau, comprises nine delegates from Portuguese-speaking countries: Angola, Brazil, Cape Verde, Guinea-Bissau, Equatorial Guinea, Mozambique, Portugal, São Tomé and Príncipe and East Timor.

The chief executive of the Chinese region also promised to organize the seventh meeting of the Macau-Portugal Joint Commission and "strengthen pragmatic cooperation" with Portuguese-speaking countries in areas such as "energy, financial infrastructures and the digital economy".

Ho said that the territory will strengthen cooperation with neighboring regions in mainland China to organize business delegations to Portuguese-speaking countries, "to attract investment and specialized exchanges".

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