China–Mozambique relations China–Mozambique relations China–Mozambique relations date back to the 1960s, when China began to support the struggle of Mozambique's Marxist-oriented FRELIMO party against Portuguese colonialism. Diplomatic relations were formally established on 25 June 1975, soon after Mozambique gained independence from Portugal. In November 2006, Mozambique became the thirteenth African country to be added to China's official list of tourism destinations. Hu Jintao, president of the People's Republic of China, made an official visit to Mozambique in February 2007, during which he and Armando Guebuza, the president of Mozambique, pledged further cooperation in the areas of economy, technology, agriculture, education and sports.
Bank of Mozambique Bank of Mozambique The Bank of Mozambique () is the central bank of Mozambique. The bank does not function as a commercial bank, and has the responsibility of governing the monetary policies of the country. The president of the Republic appoints the governor. The bank is situated in the capital, Maputo, and has two branches, one in Beira and one in Nampula. The Bank of Mozambique is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion. Most of Mozambique was a Portuguese overseas territory for several centuries. After independence in 1975, the newly