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Li unveils measures to boost ties

Hits:  UpdateTime:2016-10-12 16:21:15

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.

See more at: http://www.chinadaily.com.cn/china/2016-10/12/content_27030148.htm

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