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Madeira and China look to boost future investments

China’s ambassador to Portugal visits autonomous island region’s technological and fisheries companies, and takes part in roundtable discussion.

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China’s ambassador to Portugal visits autonomous island region’s technological and fisheries companies, and takes part in roundtable discussion.

ARTICLE BY

PUBLISHED

READING TIME

Less than 1 minute Minutes

The Portuguese Autonomous Region of Madeira (RAAM) is seeking to boost future investments and trade with China, and a business mission is being planned for next year.

China’s ambassador to Portugal, Zhao Bentang, recently visited Madeira, an archipelago 500 kilometres west of Morocco, to meet the president of RAAM, Miguel Albuquerque, and the president of Invest Madeira, Filipa Ferreira.

The visit was organised by Invest Madeira and PORCHAM, which is a formal platform for the promotion of networking and sharing of resources by Portuguese-Chinese companies, professionals and entrepreneurs.

On Madeira, Zhao also visited technological and fisheries companies and fish processing factories and participated in a roundtable discussion on Madeira to Greater Bay Area, Strategic Convergences in the Cooperation of Industries of the Future, chaired by the Director of Invest Madeira.

The roundtable was also attended by the President of the Regional Council for Asia and Oceania of the Permanent Council of Portuguese Communities, Rita Botelho dos Santos, PORCHAM VP, Vitório Cardoso, and online by the Ambassador of Portugal in Beijing, José Augusto Duarte, the Director of AICEP, Portugal’s trade and investment agency, in Macao and Hong Kong, Carolina Lousinha, and the Director of AICEP in Guangzhou, Mário Ferreira.

The round table aimed to facilitate investment partnerships, namely for Madeira companies interested in expanding into the Chinese market and those wishing to attract Chinese investment to Madeira, CLBrief reported.

 

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