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Chinese Premier Li Keqiang delivers a keynote speech on October 11 at the opening ceremony
of the Fifth Ministerial Conference of The Forum for Economic and Trade Cooperation
Between China and Portuguese-speaking Countries in Macao. [Photo/Xinhua]
Premier Li Keqiang announced 18 measures on Tuesday in Macao to boost ties with
Portuguese-speaking countries in fields such as production capacity, people-to-people
exchanges and maritime development.
The measures will be implemented in the next three years, and the Chinese government will
support the Macao Special Administrative Region in establishing a financial service
program, cultural exchange centers, bilingual training bases and juvenile innovation
centers for exchanges with these countries, the premier said.
China resumed sovereignty over Macao in December 1999 after it had been ruled since the
mid-16th century by Portugal.
Beijing is willing to carry out major projects with these countries by making use of the
China-Portuguese-Speaking Countries Cooperation Development Fund and the Silk Road Fund,
Li said.
The announcement was made in Li's keynote speech on Tuesday at the opening ceremony of the
two-day Fifth Ministerial Conference of the Forum for Economic and Trade Cooperation
Between China and Portuguese-Speaking Countries.
Delegates from seven Portuguese speaking countries — Portugal, Brazil, Cape Verde,
Guinea-Bissau, Mozambique, Angola and East Timor — attended the forum.
Before the ceremony, Li launched a trade and economic cooperation program to promote
further exchanges between China and Portuguese-speaking countries.
China and the Portuguese-speaking countries contribute 17 percent of the world economy and
22 percent of global population, with varying advantages in technology, capital and market
practices, Li said.
The participating countries should consolidate political trust, promote trade
liberalization and investment and strengthen cooperation in production capacity and
people-to-people exchanges, the premier told the forum.
China's economic restructuring and upgrading will bring great investment opportunities and
market potential, creating bright prospects for businesses from Portuguese-speaking
countries, Li said.
He said the trade volume between China and Portuguese-speaking countries reached $100
billion last year — about 10 times of that of 2003.
Cape Verde's Prime Minister Ulisses Correia e Silva said the Macao forum injected new
momentum into strategic cooperation between all the participating countries. He added that
his country will align with China's Belt and Road Initiative and make use of the Macao
forum to bring more commodities to Africa.
The prime ministers of Guinea-Bissau and Mozambique vowed to adopt favorable policies and
improve the rule of law to attract investors.
Deng Yanzi contributed to this story
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