{"id":93529,"date":"2017-03-11T19:26:36","date_gmt":"2017-03-12T00:26:36","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=93529"},"modified":"2017-03-11T19:26:36","modified_gmt":"2017-03-12T00:26:36","slug":"china-to-help-phl-build-industrial-park-chinese-commerce-minister","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/03\/11\/china-to-help-phl-build-industrial-park-chinese-commerce-minister\/","title":{"rendered":"China to help PHL build industrial park \u2013 Chinese Commerce Minister"},"content":{"rendered":"
\"\u201dOverall,<\/a>
\u201dOverall, the Philippines\u2019 industrialization level is not very high. So by jointly developing the industrial park, China wishes to advance the Philippines modernization and industrialization,\u201d Zhong said in a press conference at the sidelines of the 5th session of the 12th National People\u2019s Congress here. (Photo: Mr. Zhong Shan, Ministry of Commerce<\/a>)<\/figcaption><\/figure>\n

BEIJING\u2013China’s newly appointed Commerce Minister Zhong Shan announced Saturday that China and the Philippines have agreed to jointly build industrial park in the Philippines.<\/p>\n

Zhong announced this two days after he arrived from his four-day visit in the Philippines which he described as \u201cvery candid, practical and fruitful.\u201d<\/p>\n

\u201dOverall, the Philippines\u2019 industrialization level is not very high. So by jointly developing the industrial park, China wishes to advance the Philippines modernization and industrialization,\u201d Zhong said in a press conference at the sidelines of the 5th session of the 12th National People\u2019s Congress here.<\/p>\n

During his Manila visit, Zhong said he met with President Rodrigo Duterte in Malacanang as well as the President\u2019s economic teams led by Finance Secretary Carlos \u2018Sonny\u2019 Dominguez and Trade and Industry Secretary Ramon Lopez.<\/p>\n

\u201dHe (President Duterte) is very pleased about the state of China-Philippines relation especially commercial cooperation between the two countries and it is full of expectation,\u201d Zhong said<\/p>\n

The Chinese official said President Duterte told him that China is the Philippines\u2019 friend and brother.<\/p>\n

China-Philippines\u2019 relation made a huge turnaround since President Duterte\u2019s ascension to presidency in June last year.<\/p>\n

The popular Filipino leader has actually visited China in October last year amid the South China Sea issue. His visit has resulted in USD 24 billion investment pledges and funding.<\/p>\n

Zhong said President Duterte\u2019s successful visit to Beijing has brought back the bilateral relations, especially trade and economic ties, to the right path and have grown very fast.<\/p>\n

He said President Duterte and Chinese President Xi Jingping have reached broad consensus and comprehensive results in the growing China-Philippines relations.<\/p>\n

\u201dAfter a prolonged winter, China and Philippines had finally seen spring. He (President Duterte) said we should embrace the spring,\u201d Zhong said.<\/p>\n

\u201dIn the past six months, bilateral relations between two countries especially bilateral trade and economic relations have grown very fast,\u201d he added.<\/p>\n

The rejuvenated trade and economic relations have also resulted in the rapid importation of aquatic products and agricultural products such as bananas from the Philippines, according to the Chinese official.<\/p>\n

During his first out of the country visit, Zhong said he also co-chaired the 28th Meeting of the Philippines-China Joint Commission on Economic and Trade Cooperation which was postponed for six years<\/p>\n

\u201dActually, this is one of the most important trade and economic mechanisms between the two countries. The resumption of this mechanism has great boosted the confidence of the Philippine people,\u201d Zhong said.<\/p>\n

Zhong said key infrastructure construction as well as multilateral and regional trade arrangements have seen a lot of results under renewed China-Philippines relation.<\/p>\n

Last week, Chinese Foreign Minister Wang Yi attributed to President Duterte the renewed China-Philippines relationship which he said will ultimately serve not only interest of the Philippines but also the expectation of the entire Asian region.<\/p>\n","protected":false},"excerpt":{"rendered":"

BEIJING\u2013China’s newly appointed Commerce Minister Zhong Shan announced Saturday that China and the Philippines have agreed to jointly build industrial …<\/p>\n","protected":false},"author":33,"featured_media":93530,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,95],"tags":[420,16472,16471,343],"class_list":["post-93529","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","category-news-ph","tag-china","tag-commerce-minister-zhong-shan","tag-industrial-park","tag-philippines","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/93529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=93529"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/93529\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/93530"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=93529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=93529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=93529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}