{"id":55259,"date":"2023-01-06T13:19:59","date_gmt":"2023-01-06T05:19:59","guid":{"rendered":"https:\/\/news.outsourceaccelerator.com\/?p=55259"},"modified":"2023-01-06T13:19:59","modified_gmt":"2023-01-06T05:19:59","slug":"marcos-boasts-22-8b-investment-pledges-from-china-trip","status":"publish","type":"post","link":"https:\/\/news.outsourceaccelerator.com\/marcos-boasts-22-8b-investment-pledges-from-china-trip\/","title":{"rendered":"Marcos boasts $22.8B investment pledges from China trip"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">MANILA, PHILIPPINES \u2014 After his state visit to China, President Ferdinand \u201cBongbong\u201d Marcos Jr. reported that $22.8-billion worth of investment pledges came to fruition.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In a statement, Marcos said that there was an \u201coverwhelming response\u201d from the Chinese business community on the investment and trade opportunities in our economy.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThe various Chinese companies participating in these meetings presented their investment plans in the Philippines, totaling USD 22.8 billion as well as trade purchase intentions amounting to almost USD 2.1 billion,\u201d the statement read.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Marcos said that these investments will result in more jobs created for Filipinos.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The deals covered various sectors from agriculture, education, energy, environment, infrastructure, science and technology, trade, to people-to-people exchanges.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">President Marcos said he and Xi also \u201cventured into new areas of cooperation, such as e-commerce, digital cooperation.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThese agreements reflect our common priorities as well as practical ways of pursuing bilateral cooperation in an ever-increasing range of areas,\u201d the President said.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA, PHILIPPINES \u2014 After his state visit to China, President Ferdinand \u201cBongbong\u201d Marcos Jr. reported that $22.8-billion worth of investment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":55260,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[200],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - 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