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pon the opening of the Fifth Ministerial Conference of the Forum for Economic and Trade Cooperation between China and Portuguese­ ‑speaking countries, Premier Li Keqiang announced that China will grant a minimum of RMB2 billion (US$300 million) in preferential loans to Portuguese­ ‑speaking African and Asian countries who are members of Forum Macao. Premier Li clarified that these loans are intended to promote the productive capacity of their beneficiary countries and strengthen further cooperation in terms of building infrastructure within such Portuguese­ ‑speaking nations. Premier Li also announced a donation of RMB2 billion to African and Asian member countries of the Forum – Angola, Cabo Verde, Guinea­ ‑Bissau, Mozambique and Timor­ ‑Leste (East Timor) – to be used in improving civil wellbeing, particularly with regards to agriculture, the prevention of malaria, and research into traditional Chinese medicine. Additionally, the Chinese government will pardon debts due on interest­‑free loans granted to Forum Macao African and Asian member countries in the amount of RMB500 million. One of the support measures announced by Premier Li aims to strengthen exchange and cooperation regarding health, particularly that of mothers and children: Premier Li also reaffirmed China’s dedication to sending medical teams to member countries as needed. Another measure details that China will provide 2,000 training positions in various sectors and grant 2,500 scholarships in China annually. Premier Li reiterated China’s support for Macao’s transformation into a financial services platform, building upon the role that the territory has played as a conduit between China and Portuguese­‑speaking countries. Macao will be acting headquarters of the Association of Enterprise Directors of China and Portuguese­‑speaking countries, and will also host a training centre for Portuguese­‑Chinese bilingual professionals. China will reserve 30 positions in the mainland's training courses with official certification.

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POLITICS

 Cabo Verde is committed to be an international service centre, supported by a rapidly growing tourist market and positioning that creates conditions to access markets in Africa, Europe and the Americas

José Ulisses Correia e Silva Prime Minister of Cabo Verde

 Tourism and agriculture are the potential markets of the country

Baciro Dja

Prime Minister of Guinea­‑Bissau

 Cooperation with China is important in areas, that are attractive for investment, such as infrastructure, agriculture, energy and manufacturing industry

Carlos Agostinho do Rosario Prime Minister of Mozambique

 Portugal and China must join “forces” to promote triangular cooperation with other Portuguese­ ‑speaking countries in sectors such as agriculture, infrastructure and education

António Costa Prime Minister of Portugal

NOVEMBER 2016

Macao Magazine November 2016  

A bi-monthly magazine that covers a wide range of topics, including economics, culture, politics, entertainment, the arts and heritage prese...