On 25 September 2006, an “Economic and Trade Cooperation Plan” was passed in a ministerial level meeting of the Economic and Commercial Cooperation Forum of China and Portuguese Speaking Countries held in Macao. The delegates were ministers responsible for economic and commercial affairs of 7 Portuguese speaking countries and China. The ministers reviewed the development since the inception of the Forum.
However, with the current interest rate constellation already in place for some time, the latest data suggest that the large shifts in the allocations of funds are waning. The annual growth of bank loans to the private sector remained negative in March, but this conceals a further positive monthly flow.