The 20-year-old has scored 16 goals in 27 for the Sky Blues since joining from the Brazilian club in January.
"City should be very pleased with Palmeiras and the coaches there who formed a player (Jesus) who is already at such a good level.
"To the point he came here with a natural fluency. I already mentioned the mental capacity he has and his technical ability. He didn't need much time to adapt, he was already showing a very good level."