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President Aquino visit to strengthen Philippine-China ties


On the invitation of President Hu Jintao, President Benigno Aquino III is leaving for China on Aug. 30 on a four-day state visit, the Philippine Department of Foreign Affairs (DFA) announced.

 

In a statement, the DFA said Mr. Aquino's trip was “seen as strengthening the over three decades of friendship and mutually beneficial relations” between Manila and Beijing. Mr. Aquino “will be holding his first summit meeting with President Hu Jintao, which is expected to raise the level of Philippine-China bilateral relations to its highest level.

 

“The visit hopes to promote a people-centered partnership that would push for more trade, investment, media, culture, education and tourism exchanges between both sides,” the DFA said.

 

A series of economic conferences will be held as part of President Aquino's visit covering Beijing, Shanghai and Xiamen on Aug. 30 to Sept. 3.For the Shanghai leg on Sept. 2, Liwayway Co. (makers of the famous Oishi snack brand) will sign an agreement and announce its partnership with Jin Jiang Group to establish a budget hotel chain in the Philippines using the Jin Jiang Inn brand. Microtel Hotels and Resorts will likewise present during the said conference to entice investments in the Philippines under its hotel brand.