China's Ministry of Commerce announced on the 20th that the Minister of Commerce, Mr. Zhongshan, recently met in Beijing to meet with the visiting Philippine cabinet economic management team. Zhong Shan said that he is willing to continue to strengthen cooperation with the Philippines in the framework of the Belt and Road initiative.

Zhong Shan said that China is willing to continue to strengthen cooperation with the Philippines in the framework of the "Belt and Road" and welcomes the Philippines to actively participate in the second "One Belt, One Road" international cooperation summit forum. In the future, the two sides should continue to promote the continuous progress of key cooperation projects in the fields of infrastructure and people's livelihood, and put the leaders' consensus into practice to benefit the two peoples.

The Philippine side said that it will work with China to implement the important consensus reached by the leaders of the two countries. The Philippine side is willing to strengthen economic and trade cooperation with the Chinese side under the framework of the "Belt and Road" and prepare for economic and trade achievements for the second "One Belt, One Road" international cooperation summit forum.

The economic management team of the Philippines' visit to China includes the Presidential Officer of the Presidential Office, Mediterrane, the Minister of Finance, Dominic, the Minister of Public Works and Highways, the Minister of Communications Dugard, and the Acting Minister of Budget and Management, Abdel. , Minister of Internal Affairs and Local Affairs, Agno, President of the Base Conversion Agency and CEO Dison, Deputy Deputy Minister of the National Economic Development Agency, Jonathan Huang.

Since 2017, the financial and economic officials of China and the Philippines have held several meetings and signed the "Six-Year Development Plan for China-Philippines Economic and Trade Cooperation." China agreed to provide necessary financing support for relevant projects in the Philippines, continue to expand imports from the Philippines, encourage Chinese companies to invest in the Philippines, and actively participate in infrastructure construction and improvement projects in the Philippines.

Source: China � ASEAN Business Council