Portugal

04 April 2022

Portugal’s post-pandemic economic recovery plan to “strengthen China-Portugal economic ties”

Portugal's Recovery and Resilience Plan (PRR), worth EUR 16.6 billion (USD 18.5 billion), will strengthen economic ties between China and Portugal, the Chinese Ambassador in Lisbon, Zhao Bentang, said.

31 March 2022

China was largest non-european investor in Portugal in 2021

China was the fifth largest investor in Portugal in 2021, and the largest non-european one, using various investment platforms, such as Luxembourg and Hong Kong, according to official data.

30 March 2022

Foreigners invested EUR 7.3 billion in housing in Portugal between 2019-2021

Almost 25,000 homes were sold in Portugal to foreigners between 2019 and 2021, totaling EUR 7.3 billion, according to official data.

According to data from the National Institute of Statistics (INE), the Algarve (pictured above) was the region most sought after by buyers with tax domicile outside

28 March 2022

Macao banks prepare alliance with Portuguese-speaking banks

The Macau Association of Banks (ABM) wants to create an alliance with Portuguese-speaking banks to "improve Macao's links with China and Portuguese-speaking countries".

28 March 2022

REN profit drops 11.1% in 2021 due to lower EBITDA and higher taxes

REN – Redes Energéticas Nacionais’, whose biggest shareholder is China State Grid, saw profits fall 11.1% in 2021 compared to the previous year, to EUR 97.2 million.

23 March 2022

EDP Energias de Portugal to pay country´s largest dividend

EDP Energias de Portugal, that has as main shareholder China Three Gorges (CTG), will pay the largest dividend among companies in Lisbon´s stock exchange.

22 March 2022

Portuguese textiles companies make ‘sustainable’ push in Japanese market

Some of Portugal´s main textile companies are making a push in Japanese market, promoting sustainable products at JITAC European Textile Fair, in Tokyo.

22 March 2022

Portugal´s PETsys Electronics to supply integrated circuits to China

Portuguese electronics provider PETsys Electronics will supply a Chinese company with ASICs, application specific integrated circuits.

21 March 2022

Portugal´s pork exports to China fall, break records to South Korea

Portugal´s exports of pork meat and by-products to China fell in 2021, while breaking records to South Korea, according to official statistics.

21 March 2022

Alibaba hosts 1st ‘Netpreneur Masterclass’ in Portugal

Alibaba will open to Portuguese entrepreneurs participation in the first edition of the “Alibaba Netpreneur Masterclass”, which will present advanced and innovative digital development and e-commerce platforms in China.