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2019 CIFIT starts global roadshows in Philippines

     chinadaily     2019-4-28 16:32:00    

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 The promotion group of the 2019 CIFIT visits the Department of Trade and Industry of the Republic of the Philippines. [Photo/chinafair.org.cn]


The 2019 CIFIT started its global roadshows in the Philippines from April 21 to 24.


Headed by Wang Qiongwen, director of the conference affairs department of 2019 CIFIT’s organizing committee, a three-worker group visited 10 local institutions in the capital city Manila and Cebu, a sister city of Xiamen.


The working group organized four promotional meetings during their four-day trip in the Philippines, during which they detailed on the upcoming event’s three functions (promoting two-way investment, releasing authoritative information and discussing investment trend), latest preparation for it and its highlights.


They also explored the ways in which to boost the bilateral investment and trade cooperation between China and the Philippines with the help of CIFIT’s abundant resources.


The working group highlighted the program of the guest country of honor during their visit to the Department of Trade and Industry (DTI), Board of Investments, Philippine Economic Zone Authority (PEZA) and the Philippine Chamber of Commerce and Industry (PCCI).


Perry Rodolfo, deputy director of the DTI, said that China and the Philippines have seen closer relations over the recent years and they have greeted a new historical opportunity for their bilateral cooperation, hoping that more Philippine businesses, projects and capital will enter into not just China but also other countries via the CIFIT.

 The promotion group of the 2019 CIFIT visits the Xiamen Chamber of Commerce in Philippines. [Photo/chinafair.org.cn]


Rodolfo also showed interest in the program of the guest country of honor and said he will be fully prepared for the application of the next edition of CIFIT.


Veronica Magsino, director of project management department of PEZA, highly recognized the function CIFIT has played in promoting bilateral investment.


Magsino said that this year they are considering setting up a booth at the fair to showcase PEZA’s preferential policies and competitive projects.


Crisanto Frianeza, secretary general of PCCI, is positive about the important function CIFIT has played in advancing China’s economic exchanges and cooperation with other countries.


Frianeza took a keen interest in the Belt and Road Investment Conference to be held during the 2019 CIFIT, expecting more businesses and capital to be introduced to their country through the event.


He also promised to help the DTI and Board of Investments to apply for CIFIT’s guest country of honor.


Chairman of Cebu Chamber of Commerce and Industry (CCCI) said that their trip to attend the CIFIT last year yielded fruitful results and this year they will continue sending a delegation for the event.


The Philippines gathers a large amount of Chinese and overseas Chinese and their associations, which play an important role in the country’s economic growth.

 The promotion group of the 2019 CIFIT visits Frank Benedicto, chairman of Chinese Filipino Business Club in Cebu and former Philippine ambassador to China. [Photo/chinafair.org.cn]


Therefore, the working group also visited various Chinese associations to invite them to attend the 2019 CIFIT and expected to improve the event’s reputation in the Philippines through these associations.


President of Filipino Chinese Association of Cebu said that although Cebu and Xiamen have sister-city relations, the business circles in Cebu had not taken an active part in attending the event over the past years.


He said that their association will promote more companies and business associations in Cebu to attend the 2019 CIFIT.


Frank Benedicto, chairman of Chinese Filipino Business Club in Cebu and former Philippine ambassador to China, believes that CIFIT is a good event for Cebuan businesses to learn about global marketplaces, locate high quality projects, and attract more investment.


Benedicto said that he will motivate the Chinese, overseas Chinese and Chinese entrepreneurs organizations in Cebu to attend the fair this year and agriculture products processing and logistics will be their focuses.


After their visit to the Philippines, the working group will head to Indonesia and Thailand to promote the 2019 CIFIT.



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