PH Embassy in Beijing Explores Trade and Investment Prospects for Philippines and China

From left; Mr. Emannuel W. Ang, Commercial Counsellor, PTIC-Beijing; Mr. Dinno M. Oblena, Chargé d’affaires, a.i. of the Philippine Embassy in Beijing; Mr. Xu Ningning, CABC Executive President; and Mr. Lu Kejian, Executive Member, RCEP Industry Cooperation Committee. (Beijing PE photo)

BEIJING 26 August 2022 – The Philippine Embassy in Beijing, together with the Philippine Trade and Investment Center-Beijing, co-organized the Philippines-China Cooperation Forum with the China-ASEAN Business Council (CABC) and the RCEP Industry Cooperation Committee on 22 August 2022. The forum focused on the trade and investment prospects for both the Philippines and China.

Senior Philippine officials, Chinese industry experts, key industry leaders and entrepreneurs shared valuable insights on investment opportunities and enhanced cooperation between the Philippines and China.

Philippine Embassy in Beijing Chargé d’affaires, a.i. Dinno M. Oblena welcomed participants to the forum and highlighted the strength of economic relations between the Philippines and China as evidenced by China’s place as top trading partner of the country.

Speakers at the forum discussed efforts to develop and deepen economic relations and cooperation between the Philippines and China, as well as the need for economic complementarity between the two countries.

Executive Director of the Investments Promotion Services of the Board of Investments Evariste Catagan highlighted the attractive features of the Philippine economy for Chinese investors and indicated the Philippines’ readiness to welcome more Chinese companies to make the Philippines their home, calling them to invest in the Philippines and to “Make it Happen in the Philippines”.

Mr. Yang Kun, Executive Vice Chairman of China Electricity Council, Mr. Zheng Xiaoyi, Deputy Mayor of Jiangmen City, China, and Mr. Chen Kuan, Vice Mayor of Wenzhou City, China, and Mr. Wang Jiwu, Chairman of Tus-Holdings Co., Ltd shared what their respective cities and companies can offer to the Philippine side, and proposed possible areas of cooperation. They also expressed hope to increase cross border trade, logistics, and services with the Philippines. END

For more information, visit https://www.beijingpe.dfa.gov.ph.