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Business group expects economic gains from Marcos’ state visit to China
Filipino-Chinese businesses are optimistic that President Ferdinand Marcos Jr.'s state visit to China will lead to enhanced economic cooperation.
Officials from the Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) will accompany Marcos on his visit from January 3-6, 2023.
The FFCCCII anticipates strengthened partnerships in agriculture, trade, infrastructure, energy, tourism, people-to-people exchanges, and technological cooperation in areas like telecoms, bioscience, and medical science.
Specific hopes include cooperation in fisheries, security, disaster preparedness, and public housing.
The organization also sees opportunities in infrastructure cooperation, citing China's leadership in modern trains and construction technologies.
China is recognized as a vital trade partner and a significant market for Philippine goods.
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President Ferdinand "Bongbong" Marcos Jr. will proceed with his state visit to China from January 3 to 5, 2023, despite concerns over the renewed spread of COVID-19 in China.
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A fisherfolk group has urged President Ferdinand "Bongbong" Marcos Jr. to assert the Philippines' rights over the West Philippine Sea during his state visit to China.
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