By Poyi (Natalie) Leung
Beijing will for the first time send a delegation to participate in the upcoming Macau International Trade and Investment Fair (MIF) with an aim to explore business opportunities in Portuguese-speaking countries.
Officials from the Chinese capital city chaired a press conference at the Macau Trade and Investment Promotion Institute (IPIM) yesterday to announce details of the trip.
The delegation of around 100 people, a majority of whom will be entrepreneurs from 40 enterprises, will attend the 15th MIF from October 21 to 24.
In addition, a Beijing-Macau Economic Cooperation Promotion Conference will be held on October 22 at The Venetian Macau, while business-matching activities will also be arranged concurrently during the fair.
“Since the global economy is entering a critical period of gradual recovery after the worldwide financial crisis, the Beijing Municipal Government is committed to helping enterprises to overcome the economic downturn as soon as possible,” the press statement said.
Although the market of the Portuguese-speaking countries is an “important component” of overseas expansion of Chinese enterprises, “for a long period of time it only accounts for a small proportion in Beijing’s foreign trade and foreign investment”, it added.
Hence, Beijing acknowledged the great potential for this market to further develop, and that Macau can provide a strong platform to establish business and trade ties with the Portuguese-speaking nations such as Angola, Brazil, Portugal, Mozambique and Cape Verde.
Within a week of receiving the invitation from the Macau Government, the Beijing Municipal Government has decided to form a delegation to take part in the annual international trade and investment event in the SAR.
Themed “Fantastic Beijing: A Date with Macau”, the Beijing exhibition zone will occupy a total of around 520 square metres, comprising a Beijing image display area, food fair, an innovative sci-tech product area, a cultural and creative industry exhibition as well as a tourism booth.