MSEditorial Rich harvest from China visit It was only in November last year that President Ferdinand Marcos Jr. first met Chinese President Xi Jinping, at the sidelines of the Asia-Pacific Economic Cooperation summit in Bangkok. READ:
There, the Chinese leader invited President Marcos to go to Beijing for a state visit in early January.
China also agreed to make available about $218 million in additional funds for future projects. The additional funding brought to $1.06 billion Beijing’s loan commitments for Manila’s ongoing projects.The state visit likewise yielded some $22.8 billion worth of investment pledges from China. These include $1.72 billion for agribusiness, $7.32 billion for strategic industries , and $13.76 billion for renewable energy.
Beijing and Manila signed 12 other cooperation documents, including a memorandum of agreement on digital and information and communications technology; a joint action plan on agricultural and fisheries during the period 2023-2025; an MOU on electronic commerce; and a protocol of phytosanitary requirements for the export to China of fresh durian from the Philippines.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Marcos visit to test ‘how truthful’ China is to pledges – analystsPresident Ferdinand Marcos Jr.’s three-day state visit to China last week would “test the waters and examine how truthful China can be on its words and promises,” according to analysts. | FMangosingINQ /PDI
Baca lebih lajut »
Manufacturing posts 7-month high in November | Cai U. OrdinarioThe country’s manufacturing output posted a seven-month high in November, according to the latest Production Index and Net Sales Index data from the Philippine Statistics Authority (PSA). The data showed the Volume of Production Index (VoPI) recorded a year-on-year increase of 5.9 percent in November 2022. This was the highest…
Baca lebih lajut »
Marcos’ fruitful state visit to China enhances PH economic recovery effortsPresident Ferdinand R. Marcos, Jr.’s state visit to China has yielded productive results that strengthen what he describes as “the positive trajectory” of the two countries’ relationships. MBOpinions READ:
Baca lebih lajut »
PBBM gets $22B in ‘investment pledges’ after China state visitPresident Ferdinand Marcos Jr. on Thursday said the Philippines received about $22 billion worth of investment pledges after his 48-hour state visit to China. These are investments from new and exi…
Baca lebih lajut »
PBBM China visit to create more jobs, boost forex earnings: DTIDepartment of Trade and Industry (DTI) Secretary Alfredo Pascual on Friday said the coming in of more Chinese investors to the Philippines would translate into more jobs for Filipinos, enhanced for…
Baca lebih lajut »
MUO president says 71st Miss Universe pageant a ‘celebration of women’The Miss Universe Organization has just announced an all-female hosting team for the pageant’s 71st edition, which will also reportedly have a judging panel composed entirely of women. An official said these are intentional. | diyarista /PDI
Baca lebih lajut »