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China-Portugal ties at a glance

chinadaily.com.cn | Updated: 2018-12-04 10:36
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Trade and investment

A visitor sits in the Portugal booth at the first China International Import Expo (CIIE) in Shanghai, Nov 6, 2018. [Photo/Xinhua]

China and Portugal have seen deeper economic cooperation during the past few years, with steady growth in trade and investment.

In the first 10 months of this year, bilateral trade increased by 8 percent to $5 billion. China's imports from Portugal surged 12.5 percent to $1.91 billion, according to China's Ministry of Commerce .

By the end of October, Portugal had invested $210 million in 255 projects in China, while Chinese companies had invested $9 billion in Portugal, in areas including energy, telecommunication equipment and finance.

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