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Mr. Hu arrived in the capital, Maputo, Thursday for a two-day visit that is the next-to-last stop on his eight-nation African tour.
The two leaders are expected to discuss Beijing's expanding role in Mozambique's mining industry and the construction of dams. Officials also expect them to sign agreements on agriculture and other trade initiatives.
Last year bilateral trade between the two nations totaled $210 million.
Over the past two weeks, the Chinese president has wound his way through Cameroon, Liberia, Sudan, Zambia, Namibia and South Africa. In each of the nations, he has announced new aid from China or signed economic agreements.
Mr. Hu ends his tour in Seychelles Saturday.
Speaking in South Africa Wednesday, he dismissed concerns that Beijing is developing a neo-colonialist relationship with Africa in its drive to tap natural resources for its energy-hungry industries. He said China would not do anything harmful to the continent.
He promised to reduce China's $3 billion trade imbalance with Africa by increasing imports and promoting Chinese investment in African industries.
Mr. Hu also pledged to work with South Africa and other countries to help bring peace to Sudan's Darfur region.
Some information for this report was provided by AP.