China, Philippines reaffirm partnership in trade, e-commerce, fight vs COVID-19

Date: 25 Nov 2021

China welcomed the Philippines' move to expand exports of agricultural products and said it hopes to further strengthen industrial and supply chain cooperation with Manila to develop digital trade, green trade and e-commerce, according to Wang Wentao, China's commerce minister.

Wang made the remarks at the 29th Meeting of the Philippines-China Joint Commission on Economic and Trade Cooperation on Tuesday via video link, a statement by the ministry on Wednesday said.

China also hopes to promote regional economic integration with the Philippines, according to Wang, as officials discussed the "Two Countries Twin Parks" cooperation, working together in the fight against COVID-19 and advancing the implementation of major projects.

Philippine Trade Secretary Ramon Lopez said at the meeting via video link that the Philippines attaches great importance to the two nations' economic and trade relations, according to the statement.

The Philippines is accelerating the ratification of the Regional Comprehensive Economic Partnership agreement, which was signed last year, and is willing to join hands with China to promote the construction of a free trade bloc that includes China and the Association of Southeast Asian Nations, he said.

The Philippines' exports of agricultural products to China have been increasing rapidly, he said, adding he hoped that China would continue to provide support in terms of market access.

The Philippines is willing to work with China to continue to implement bilateral economic and trade cooperation plans, and advance cooperation in infrastructure projects, he said.

The Philippines welcomes investments from Chinese enterprises, supports the "Two Countries Twin Park" cooperation, and is willing to further strengthen e-commerce cooperation with China, according to him.

He also thanked China for providing assistance to the Philippines in fighting COVID-19, and hopes to further strengthen cooperation on vaccine production between the two sides.

Source: China Daily

Click here to view the original article.

Disclaimer
The information on this page may have been provided by a contributor to ChinaGoAbroad, and ChinaGoAbroad makes no guarantees about the accuracy of any content. All content shall be used for informational purposes only. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting such content (including texts, pictures, photos and diagrams) to ChinaGoAbroad for publication. ChinaGoAbroad disclaims all liability arising from the publication of any content/information (such as texts, pictures, photos and diagrams that infringe on any copyright) received from contributors. Links may direct to third party sites out of the control of ChinaGoAbroad, and such links shall not be considered an endorsement by ChinaGoAbroad of any information contained on such third party sites. Please refer to our Disclaimer for more details.
Top