Officials of the Filipino Chinese Chambers of Commerce and Industry Inc. hold the 135th Canton Fair Roadshow on March 26 at Seda Hotel in Taguig City.Trade promotes development and peace in the Philippines and China, according to the participants of the 135th Canton Fair Roadshow which was held on March 26 at Seda Hotel in Taguig City.
“We live in an interconnected world where prosperity and peace are intertwined through economic development,” Pedro said. “Trade has become a modern force for dialogue, understanding and lasting friendship between countries.” “Despite complex geopolitical challenges,” Pedro said, “I believe the path to peace and prosperity lies in firm economic cooperation between the Philippines and China. China has been the Philippines’ top trading partner for eight years, from exports of Mindanao bananas and durians to renewable technology joint ventures and many other opportunities.
Rodolfo said China is a significant source of foreign investment in the Philippines. From 2018 to 2023, China invested nearly $3 billion. In 2023, China was the Philippines’ largest trading partner, second-largest export market, and largest import source.
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