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2022.10.21 15:24 GMT+8

Macao hosts exhibitions to boost investment, cooperation

Updated 2022.10.21 15:24 GMT+8
CGTN

The opening ceremony of three exhibitions held in Macao Special Administrative Region, China, October 20, 2022. /Macao Trade and Investment Promotion Institute

Three exhibitions opened concurrently Thursday in China's Macao Special Administrative Region (SAR) to promote investment, business matching and products and services from Portuguese-speaking countries.

The exhibitions are attended by nearly 400 enterprises from the four key industries of science and technology, high-end manufacturing, traditional Chinese medicine (TCM), tourism and modern finance, up 27.5 percent from last year, according to the Macao Trade and Investment Promotion Institute (IPIM), co-organizer of the events.

Meanwhile, to promote the four key industries, the 27th Macao International Trade and Investment Fair includes three sub-exhibitions themed on TCM, the cultural and creative industry, and science and technology.

The trade and investment fair also invited the mainland's Zhejiang Province as its partner province. Pavilions were set up to showcase Zhejiang-themed images as well as local products. Nearly 30 enterprises from Zhejiang participated in the event.

Lei Wai Nong, secretary for economy and finance of the Macao SAR government, said Macao would continue joining hands with mainland provinces and municipalities as well as Portuguese-speaking countries to further enhance connectivity between domestic and overseas markets, and nurture new economic growth points to make contributions to the country's development.

Leveraging the strengths of Macao as a platform between China and Portuguese-speaking countries, the 2022 Portuguese Speaking Countries Products and Services Exhibition (Macao) displayed over 200 products from Portuguese-speaking countries, with promotional events about their wine and culture.

Wu Zhiwei, CEO of Marmeleira Group, which sells wine made in Portugal, said the exhibitions offer support to small- and medium-sized businesses in Macao, helping boost confidence and revive the local economy.

Covering a total area of 29,300 square meters, the exhibitions boast over 1,800 booths.

Source(s): Xinhua News Agency
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