Ambassador Liu Jianchao Attends Cocktails-Reception for Filipino and Chinese Business Community
On April 20, 2010, Ambassador Liu Jianchao was invited to attend the Cocktails-Reception tendered by SGV&Co. together with the Economic and Commercial Counselor's Office of the Chinese Embassy for the Filipino and local Chinese business community. Counselor Wu Zhengping joined the reception as well. Ambassador Liu said the footprint of Chinese companies in the Philippines has been widely extended in the past few years. 8 Chinese companies from the Fortune Global 500 list have involved in business with the Philippines. There are 2 Chinese investment projects and another 2 engineer contracting projects undertaken by Chinese companies exceeds 500 million US dollars in investment or contracted amount respectively. He expects more interactions and communication between the Filipino and local Chinese business community in the future, which shall pave a solid economic foundation for even closer China-Philippines ties at large.