Roundtable Dialogue with China Chamber of Commerce for Import and Export of Textile

Roundtable Dialogue with China Chamber of Commerce for Import and Export of Textile

Moderated by China ASEAN Business Council Executive President Mr. Xu Ning Ning, PTIC Beijing had an industry dialogue with China Chamber of Commerce for the Import and Export of Textile.

Commercial Counsellor Christine dela Cruz gave a briefing on the Philippine Garments and Textile industry, and highlighted the fact that this sector is a beneficiary of the country’s inclusion to EU GSP+ scheme.

dela Cruz emphasized that as the only ASEAN member covered by the EU GSP plus scheme, the Philippines has regained its competitiveness as an outsourcing-manufacturing destination for many export products. Chinese garments and textile industry must not miss this opportunity, to partner with Philippine enterprises in order to maintain a strong foothold in the EU market.

Philippine Garments and Textile Industry Brief Presently, the Philippine garments industry is made up of exporters (around 39%) and subcontractors (61%), which include homeworkers and small contractors to garment exporters. The major markets for garments and textiles are the United States, European Union and Canada accounting for approximately 90% of total garment exports.

Continue reading

PTIC Beijing Partners With Tianjin Food Industry Association for IFEX Philippines


1Third from right, Mr. Gao Zhao President of Tianjin Food Industry Association

Post’s strategic cooperation with industry associations has become fundamental to promoting and strengthening Philippines-China bilateral trade and economic relations.

On 8 April, in a bid to promote Philippine food exports in Northern China, PTIC Beijing delivered a product presentation to invite Tianjin Food Industry Association (TFIA) to visit IFEX Philippines.

For the first time, TFIA agreed to co-organize a delegation to IFEX Philippines. The industry association also agreed to establish an industry cooperation mechanism with their counterpart organization in the Philippines – PhilExport and PhilFoodEx.

Continue reading

PTIC Beijing Attends China ASEAN Centre’s Trade and Investment Meeting

On 2 April 2015, Director Li Yuan of Trade and Investment Division (TID) held a working meeting with Commercial Counsellors of ASEAN Embassies in China or their representatives, to discuss TID’s working plan in 2015.

Director Li Yuan briefed TID’s tentative working plan of this year, encouraged ASEAN countries to actively participate in relevant activities, such as Trade Fairs, Seminars, etc.. He also welcomed the meeting to make comments or suggestions to TID’s working plan.

AmCham 2

The counsellors or their representatives appreciated TID’s efforts in promoting trade and investment cooperation between ASEAN and China. They hope can have more opportunities to have dialogues with Chinese government officials, which will give them a better understanding of China’s relevant policies, such as “One Belt, One Road”, Asian Infrastructure Investment Bank, Silk Road Fund, etc..

Consensus was reached at the meeting that TID and ASEAN Commercial Counsellors should keep in close touch, to make a joint effort to promote the trade and investment cooperation between ASEAN and China.

Source: http://www.asean-china-center.org/english/2015-04/07/c_134129313.htm

PTIC Beijing Attends Boao Forum in Hainan


Sub-Forum on Jointly Building the 21st Century Maritime Silk Road

On March 28, 2015, the session of Jointly Building the 21st Century Maritime Silk Road and launching ceremony of the Year of China-ASEAN Maritime Cooperation was held during the Boao Forum for Asia Annual Conference 2015. State Councilor Yang Jiechi, Deputy Prime Minister and Foreign Minister Tanasak Patimapragorn of Thailand, and others attended and addressed the event.

1

China State Councilor Yang Jiechi

Yang Jiechi noted that the construction of the 21st Century Maritime Silk Road aims to continue pushing forward the Silk Road spirit featuring peace, friendship, openness, inclusiveness, mutual learning and mutual benefit as well as the all-round maritime cooperation. China stands ready to work together with other countries to build maritime partnerships of win-win cooperation. China is ready to work with other countries to deepen mutual trust, connect development strategies, match maritime projects and intensify institutional connectivity and so that results can be gained at an early date. As this year marks the Year of China-ASEAN Maritime Cooperation, it is hoped that the all-dimensional maritime cooperation between China and the ASEAN will become a model for the development of the 21st Century Maritime Silk Road.

Continue reading

Chinese Electric Bicycle Company Conducts Due Diligence


From 11 to 14 March, executives of Ningbo Xinglong Bicycle Co., Ltd., embarked on a due diligence visit to the Philippines. The Company specializes in the manufacture of bicycles and electric bicycles.

Post moderated a roundtable meeting between executives of Xinglong Ningbo, members of the Electric Vehicle Association of the Philippines (EVAP) and executives of Filinvest Alabang Inc., During the meeting, parties explored ways to implement an e-bike sharing program to complement the modernization of public transportation system within Filinvest City in Alabang.

last1

Philippine local parts and components believe that a significant percentage of bikes and e-bikes could be sourced domestically. EVAP President Rommel Juan shares that Meralco has been an ardent supporter of the EV industry from the very start. “We hope to see more of these eco-friendly partnerships and initiatives very soon since in a business trip to China last year, EVAP was able to secure a tie-up with the China Bicycle Association to get us into the supply chain loop and facilitate the supply of electric bikes for the various eBike sharing programs planned throughout the country,” Juan says.

Continue reading