http://rtvm.gov.ph - Philippine-Fujian Business Conference





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Published on Sep 3, 2011

Xiamen, Fujian Province
3 September 2011

President Benigno S. Aquino III joined his business delegation and their businessmen in Fujian in a business conference held in Xiamen City, people's republic of China.

President Aquino brought with him more than 200 businessmen to expand and broaden the Philippine-China economic cooperation. Organized by the Department of Trade and Industry in cooperation with the Philippine Consulate general in Xiamen City invited top businessmen from Xiamen and other parts of Fujian province with the assistance of the local Chinese government, thus Philippines-Fujian Business Conference.

The Conference was seen as an opportunity for Filipino businessmen to meet with their Chinese counterparts and encourage them to invest and do more business in the Philippines.

In his speech the President said that eighty-five percent of Chinese-Filipinos trace their roots in Fujian, he said that his visit is a rare opportunity of discovery where he had the chance to see the land where many daring, driven, successful families came from. He also mentioned the pioneering investors from China who are doing business in the Philippines and how they have found a very attractive investment destination in our country that give mutual opportunities and undertakings the like in fields of infrastructure, agriculture, marine business, and food processing.

The President proudly said that the Philippines has plenty of young, competitive, and skilled people, that because of our strategic location within the ASEAN-China free trade area our economy is recognized for its stability and sound management. He also raised his successful visit in Beijing where he together with President Hu witnessed the signing of the 5-Year Development Program for Trade and Economic Cooperation which will give a clear goal of 60 billion dollars in total bilateral trade by the year 2016. He also mentioned his meeting with Premier Wen and emphasized the great planning tasks the Joint Commission on Economic and Trade Cooperation that will be undertaken that will identify key projects that would advance cooperation between our two countries.

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