JINAN, China—The Philippine government has pitched for more Chinese investments in the country, citing its advantage for conducting business, including economic growth and economic reforms as well as rich talent and demographic pool.
Manila's trade representative in Beijing, Glenn Penaranda, led a delegation of Filipino and Filipino-Chinese businessmen on a three-day business mission that started on Jan. 16 here in a bid to expand business engagements between the two nations.
He said the country's economic reforms included competitive and relevant incentives through the CREATE Act, liberal foreign equity policies, among others. On the other hand, Association for Philippines-China Understanding chairman Raul Lambino, who also spoke before hundreds of Chinese businessmen, cited strategic areas of cooperation for both countries.
And as the Philippines works towards its 50 percent renewable energy goal by 2040, partnerships with Dezhou’s renewable energy sector can accelerate this transition, he also said. The companies flexed their state-of-the-art technologies and machines that operate and manufacture round-the-clock although they are unmanned.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Philippine Navy Conducts Exercises in South China Sea Amid Rising Tensions with ChinaThe Philippine Navy conducted naval exercises in the South China Sea, asserting its sovereign rights over disputed waters claimed by China. The exercises involved the BRP Antonio Luna frigate and patrol vessels BRP Ramon Alcaraz and BRP Andres Bonifacio, raising concerns about escalating tensions in the region.
Read more »
Philippine Navy Holds Exercises in South China Sea Amid China TensionsThe Philippine Navy conducted drills in the disputed South China Sea, asserting its sovereignty over the waters also claimed by China. The exercises come after increased concern over Chinese patrols near Filipino shores.
Read more »
Philippine Singer Launches Movement to Unite Filipinos Against China in West Philippine Sea DisputeRannie Raymundo, a popular Filipino singer, has joined forces with the Fraternal Order of Philippine Eagles to spearhead a nationwide movement aimed at rallying Filipinos in response to escalating tensions in the West Philippine Sea. The WPS Eagles Movement seeks to foster patriotism, galvanize collective action, and counteract Chinese disinformation campaigns.
Read more »
China Deploys Helicopter Amid Philippine Coast Guard Standoff with Chinese VesselChina has escalated tensions in the South China Sea by deploying a helicopter in response to the Philippine Coast Guard's (PCG) monitoring of a Chinese Coast Guard vessel operating illegally in Philippine waters.
Read more »
China Deploys Helicopter Amid Philippine Coast Guard's Monitoring of Chinese VesselChina has escalated tensions in the South China Sea by deploying a helicopter from its People's Liberation Army-Navy (PLAN) to shadow a Philippine Coast Guard (PCG) vessel monitoring a Chinese Coast Guard (CCG) vessel operating illegally in Philippine waters.
Read more »
China Coast Guard's 'The Monster' Intrusion Raises Tensions in South China SeaThe world's largest coast guard vessel, 'The Monster,' belonging to the China Coast Guard, entered Philippine waters on January 4th, 2024, sailing close to Luzon island. This incursion, monitored by SeaLight, a maritime transparency project, further escalates tensions in the disputed South China Sea. The 12,000-ton vessel, accompanied by other Chinese vessels and militia ships, asserts China's claim of jurisdiction over Scarborough Shoal, a traditional fishing ground for Filipino fishermen.
Read more »