The agreement, sealed in the capital of Hunan province, sets out a framework for collaboration in advanced manufacturing, green energy, agro-industry and technology. It aims to foster joint ventures, investment facilitation and knowledge exchange, leveraging Macau’s role as a bridge between China and Portuguese-speaking countries.
The MoU was signed during a four-day business and cultural exchange in Changsha, hosted by CPPCC members including Zhong Shan, executive president of the Macau Changsha Chamber of Commerce, and Lei Hong, committee member of the Hunan Provincial CPPCC.
CCILC president Carlos Alvares, also CEO of Banco Nacional Ultramarino, led the delegation and held talks with local officials and industry leaders, including Sansure Biotech Inc. and Zoomlion Heavy Industry Science & Technology Co.
“We have been profoundly impressed by Changsha’s vibrancy and the synergy between Hunan’s technological advancement and cultural heritage,” Alvares said, praising the professionalism of the hosts. He added the MoU would provide Portuguese firms access to China’s vast market, while Chinese companies could reach Portugal, the EU and more than 300 million consumers across Portuguese-speaking countries.
The delegation’s itinerary combined economic diplomacy with cultural visits, including Yuelu Academy, Orange Isle, the Lei Feng Museum and Shaoshan, birthplace of Mao Zedong. Members of the Macau delegation included representatives from CCILC, BNU, FO, Global Remit, Platinum, Perfeição and MECC.