综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Economy

China, Philippines push enhanced trade

By Zhong Nan (China Daily) Updated: 2016-08-18 07:45

China and the Philippines have agreed to restart the joint commission on commerce and trade to increase trade between the two countries, after their ties were jeopardized by an arbitration case over the South China Sea dispute.

"Even though both countries have disagreements on other issues, it doesn't mean they are incapable of building better business ties, especially in the fields of trade and investment," Shen Danyang, spokesman for the Ministry of Commerce, said on Wednesday.

The mechanism is a dialogue that addresses commercial and trade issues between the two countries.

Shen's comments came after Commerce Minister Gao Hucheng met Ramon M Lopez, the Filipino secretary of the Department of Trade and Industry, in Vientiane, the capital of Laos, earlier this month.

Both sides agreed to restart a dialogue between governments about economics and trade as soon as possible and to enhance cooperation on trade, investment, tourism and infrastructure development, Shen said.

The Filipino secretary of trade and industry also accepted his Chinese counterpart's invitation to visit China in the near future.

This is the first time for the two ministers to meet since Philippine President Rodrigo Duterte took office at the end of June.

China and the Philippines also reached consensus to speed up the negotiation of the Regional Comprehensive Economic Partnership, Shen said.

Even though the total trade volume between China and the Association of the Southeast Asian Nations dropped 7.1 percent year-on-year to $173.57 billion between January and May, trade between China and the Philippines grew 5.9 percent during the same period, data from the Ministry of Commerce showed.

Trade between China and the Philippines amounted to $45.65 billion in 2015, up 2.7 percent on a year-on-year basis.

The Philippines mainly ships semiconductor and agricultural products including bananas, coconuts, rice, mining and aquatic products to China. Transport equipment, construction machinery, electronics, garments and lighting products are China's main exports to the Philippines.

Hot Topics

Editor's Picks
...
永川市| 乌兰县| 灵山县| 南开区| 东乡族自治县| 游戏| 桐乡市| 炎陵县| 五指山市| 思茅市| 南丹县| 内黄县| 信阳市| 赣榆县| 尖扎县| 天等县| 桦甸市| 通江县| 安阳市| 镇康县| 兴隆县| 郁南县| 碌曲县| 南靖县| 乌拉特后旗| 连南| 东阳市| 沈丘县| 宜都市| 桑日县| 怀柔区| 梅河口市| 新乡市| 西峡县| 聂荣县| 乐昌市| 通榆县| 喜德县| 辉南县| 德保县| 依安县|