OREANDA-NEWS. November 27, 2013. The "Conference of Entrepreneurs from China and Portuguese-speaking Countries" jointly hosted by the Ministry of Commerce of China, Macao Economic Services, China Council for the Promotion of International Trade and China Development Bank (CDB) was held recently in Macao.

Over 600 government officials, entrepreneurs and experts from Chinese mainland, Macao SAR, Brazil, Portugal, Angola, Mozambique and other Portuguese-speaking countries attended the conference.

Zhang Xuguang, CDB's Vice President said during the conference that as China's largest foreign investment, financing and cooperation bank, CDB's total loan in the seven Portuguese-speaking countries has reached US\\$ 25 billion, covering infrastructure, agriculture, energy, mining and public service industries. In June 2013, CDB's wholly-owned subsidiary - CDB Capital invested together with Macao Industrial and Commercial Development Fund and founded the Cooperation and Development Fund between China and Portuguese-speaking Countries, which has been entrusted for management with China-Africa Development Fund. With capital as the bond, the Fund will further promote direct investment and cooperation between enterprises of the member states of the Forum for Economic and Trade Co-operation between China and Portuguese-speaking Countries and will further enhance the level of cooperation between China and Portuguese-speaking countries.

During the conference, a representative from the Cooperation and Development Fund between China and Portuguese-speaking Countries made an introduction of the Fund's businesses and a signing ceremony for the Fund's first investment project, the Wanbao Mozambique Agricultural Park Project was held. Representatives of participating enterprises made in-depth exchanges for investment and cooperation opportunities during the conference.