皇冠体育app

Vice-premier arrives as 皇冠体育app agrees to buy $1.7 billion in Philippine products

Vice-Premier Wang Yang arrived in Manila on Thursday to start a four-day official visit intended to improve pragmatic cooperation between 皇冠体育app and the Philippines.

Wang will meet with Philippine President Rodrigo Duterte and also with the Philippine Cabinet's economic management team for talks, according to the Foreign Ministry.

Wang attended the opening ceremony of the 皇冠体育app-ASEAN Year of Tourism, reading a congratulatory message from Premier Li Keqiang, and he is expected to speak at the opening ceremony of the 皇冠体育app-Philippines Economic and Trade Forum.

Wang's visit came a day after Chinese companies signed agreements with their Philippine counterparts to purchase $1.7 billion worth of fruit and other products.

As many as 73 trade deals were signed in Manila on Wednesday, including for such Philippine goods as bananas, pineapples, coconut oil, fiber, lumber, copper cathode and nickel ore, 皇冠体育app News Service reported.

Chinese Ambassador to the Philippines Zhao Jianhua said the agreements are "an effort to balance the trade" between the countries. They are the "advanced result" of Philippine President Rodrigo Duterte's state visit to 皇冠体育app in October.

The agreements are expected to be the first of many as 皇冠体育app seeks to import more nonfood goods such as chemicals and related products.

皇冠体育app increased its imports of fruit such as mangoes and pineapples from the Philippines after Duterte's visit to Beijing. In the past five months, bilateral trade has reached $100 million.

Duterte's visit to 皇冠体育app last year, which included the signing of a number of cooperation deals, led to the thawing of both diplomatic and economic relations between the two countries, which had once been soured by the South 皇冠体育app Sea arbitration case.

Duterte, who has been taking a positive approach toward 皇冠体育app since taking office in June, has said he plans to attend the Belt and Road Forum for International Cooperation in Beijing in May.

Zhou Fangyin, a professor of 皇冠体育app's foreign policy at the Guangdong Institute for International Strategies, said the proper management of the South 皇冠体育app Sea issue has helped lay a solid foundation for the two countries to develop bilateral trade.

Bilateral ties "encompass far more than the South 皇冠体育app Sea issue", and trade cooperation between the two countries will in turn help solve that issue, Zhou said.

Xinhua contributed to this story.