In recent years, economic and trade relations between Portugal and China have developed rapidly and are currently at their best in history. Many investors who have immigrated to Portugal have promoted economic and trade development in bilateral investment cooperation, and Portugal has become China's fourth-largest investment destination in the European Union. The 9th China-Portugal Joint Economic and Trade Committee meeting recently held in Portugal is the most important dialogue mechanism between the two governments in the economic and trade field, and has always played an important role in promoting pragmatic bilateral cooperation.
The two sides conducted a comprehensive review of the current status of China-Portugal economic and trade cooperation, and exchanged views extensively and in-depth on further promoting pragmatic bilateral cooperation, expanding bilateral trade, deepening investment cooperation, and carrying out multi-faceted cooperation under the framework of the "Belt and Road" initiative.
The bilateral Joint Economic and Trade Committee is the most important dialogue mechanism between the two governments in the economic and trade field, and has always played an important role in promoting pragmatic bilateral cooperation. Both sides should make full use of this mechanism to actively implement the economic and trade consensus and outcomes reached by the leaders of the two countries, and promote the steady development of bilateral economic and trade relations. To further deepen China-Portugal economic and trade cooperation, Zhong Shan suggested: first, expanding bilateral trade; second, strengthening investment cooperation; third, carrying out third-party market cooperation under the "Belt and Road" framework; and fourth, strengthening local economic and trade cooperation between the two countries.
Oliveira stated that currently, Portugal-China economic and trade cooperation has achieved positive progress, bilateral trade has maintained growth, investment cooperation has developed rapidly, and Portugal has become China's fourth-largest investment destination in the European Union. The Portuguese side hopes to expand exports to China, welcomes Chinese enterprises to continuously expand investment in Portugal, and leverages Portugal's geographical advantages to jointly explore third-party markets. The Portuguese side is willing to deepen cooperation between the two countries in fields such as energy, finance, tourism, and education.
