Philippines expects more Chinese investment
Updated: 2013-09-03 19:58
By Guan Xiaomeng (chinadaily.com.cn)
NANNING, Guangxi - China has become the second-largest exporter to the Philippines, and the Philippines is looking to expand bilateral trade, said Philippine senior officials at a round-table dialogue with CEOs from China at the 10th CAEXPO on Tuesday.
The Philippines is experiencing robust economic growth in recent years, and vehicle parts, shipbuilding and labor markets appeal Chinese investment, according to the Philippine officials.
Tourism is one of the main industries of the island country, and supporting infrastructure construction is another major investment area.
Representatives from Chinese enterprises of electric power, communication, finance and logistics participated in the dialogue.
The Philippines vowed to provide the best service for Chinese investors with favorable environment and professional consulting.