2016年CRI Philippine Leader meets leading Chinese enterprises

 

More than 900 representatives from the Chinese and Philippine political and business sectors² have gathered in the Chinese capital for the Philippines-China Trade and Investment Forum³.

They've been focused on how deepen economic and investment cooperation.

Mary Go Ng is vice⁴ president of Federation⁵ of Filipino Chinese Chambers⁶ of Commerce and Industry.

She says the main focus for Chinese companies looking at the Philippines should be infrastructure⁷ and high technology.

"First thing I think the Philippines needs now is the infrastructure. So I think China, they can help us in technology, high technology that could help the Philippines improve a lot."

The sessions in Beijing come amid a revival⁸ of political ties between the two sides brought on by President Rodrigo Duterte.

Duterte and Chinese President Xi Jinping have already signed a series of cooperation agreements which cover various areas such as economy, trade, investment, infrastructure and inter-personal exchanges.

Representatives from the Philippine business sector¹ are suggesting these agreements are a major step toward a much closer partnership⁹.

"The agreements signed by both President Xi and President Duterte are a step in the right direction for greater economic cooperation between the Philippines and China. We welcome that. The Filipino business sector welcomes that. That's why we came to China to meet our counterparts, our friends."

"This is a very good development because we welcome China to invest in our country. And of course, it will also promote trade between [the two] nations. Philippines has a lot of products that can be exported to China."

"Personally I'm in the IT industry, and IT industry helps close gaps between two nations. So we are looking for ways that we can partner with, especially Internet and IT and high technology Chinese companies. And through this it allows us to communicate better. I think communication and open lines of communication between the Chinese and Philippines is critical."

China is currently the Philippines' second largest trading partner.

Bilateral¹⁰ trade between the two countries reached 45 billion U.S. dollars last year.

That's expected to increase substantially next year, now that Chinese authorities have eliminated a number of restrictions¹¹ on fruit imports from the Philippines, and have also lifted a travel advisory¹² for Chinese tourists.

1 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

2 sectors   

n.部门( sector的名词复数 )；领域；防御地区；扇形

参考例句：

• Berlin was divided into four sectors after the war. 战后柏林分成了4 个区。 来自《简明英汉词典》
• Industry and agriculture are the two important sectors of the national economy. 工业和农业是国民经济的两个重要部门。 来自《现代汉英综合大词典》

3 forum   

n.论坛，讨论会

参考例句：

• They're holding a forum on new ways of teaching history.他们正在举行历史教学讨论会。
• The organisation would provide a forum where problems could be discussed.这个组织将提供一个可以讨论问题的平台。

4 vice   

n.坏事；恶习；[pl.]台钳，老虎钳；adj.副的

参考例句：

• He guarded himself against vice.他避免染上坏习惯。
• They are sunk in the depth of vice.他们堕入了罪恶的深渊。

5 federation   

n.同盟，联邦，联合，联盟，联合会

参考例句：

• It is a federation of 10 regional unions.它是由十个地方工会结合成的联合会。
• Mr.Putin was inaugurated as the President of the Russian Federation.普京正式就任俄罗斯联邦总统。

6 chambers   

n.房间( chamber的名词复数 )；（议会的）议院；卧室；会议厅

参考例句：

• The body will be removed into one of the cold storage chambers. 尸体将被移到一个冷冻间里。 来自《简明英汉词典》
• Mr Chambers's readable book concentrates on the middle passage: the time Ransome spent in Russia. Chambers先生的这本值得一看的书重点在中间：Ransome在俄国的那几年。 来自互联网

7 infrastructure   

n.下部构造，下部组织，基础结构，基础设施

参考例句：

• We should step up the development of infrastructure for research.加强科学基础设施建设。
• We should strengthen cultural infrastructure and boost various types of popular culture.加强文化基础设施建设，发展各类群众文化。

8 revival   

n.复兴，复苏，（精力、活力等的）重振

参考例句：

• The period saw a great revival in the wine trade.这一时期葡萄酒业出现了很大的复苏。
• He claimed the housing market was showing signs of a revival.他指出房地产市场正出现复苏的迹象。

9 partnership   

n.合作关系，伙伴关系

参考例句：

• The company has gone into partnership with Swiss Bank Corporation.这家公司已经和瑞士银行公司建立合作关系。
• Martin has taken him into general partnership in his company.马丁已让他成为公司的普通合伙人。

10 bilateral   

adj.双方的，两边的，两侧的

参考例句：

• They have been negotiating a bilateral trade deal.他们一直在商谈一项双边贸易协定。
• There was a wide gap between the views of the two statesmen on the bilateral cooperation.对双方合作的问题，两位政治家各自所持的看法差距甚大。

11 restrictions   

约束( restriction的名词复数 )； 管制； 制约因素； 带限制性的条件（或规则）

参考例句：

• I found the restrictions irksome. 我对那些限制感到很烦。
• a snaggle of restrictions 杂乱无章的种种限制

12 advisory   

adj.劝告的，忠告的，顾问的，提供咨询

参考例句：

• I have worked in an advisory capacity with many hospitals.我曾在多家医院做过顾问工作。
• He was appointed to the advisory committee last month.他上个月获任命为顾问委员会委员。