Philip­pines gives praise to China

China Daily (Canada) - - ADVERTISEMENT - By XIN­HUA

China has donemorethan ex­pected in the Asia Pa­cific re­gional eco­nomic in­te­gra­tion and should be con­grat­u­lated for its role in strength­en­ing the Asia-Pa­cific Eco­nomic Co­op­er­a­tion as a re­gional fo­rum, ac­cord­ing to a se­nior Philip­pine of­fi­cial in an in­ter­view with Xin­hua onWed­nes­day.

Laura Q. Del Rosario, un­der­sec­re­tary of the Philip­pine Depart­ment of For­eign Af­fairs, said China has in­tro­duced many ini­tia­tives con­cern­ing the econ­omy, in­no­va­tion and re­gional in­te­gra­tion and has done a very good job.

The in­ter­view was con­ducted shortly be­fore the 22nd APEC Eco­nomic Lead­ers’ Meet­ing slated for Nov 10-11 in Beijing.

A strong Philip­pine del­e­ga­tion led by Pres­i­dent Benigno Aquino III will at­tend the meet­ing.

“It will be a bit more ex­cit­ing for us be­cause the Philip­pines will host the 2015 APEC sum­mit in Manila,” said Del Rosario.

In the in­ter­view, Del Rosario em­pha­sized the im­por­tance of in­fra­struc­ture de­vel­op­ment in the Philip­pines and in­fra­struc­ture con­nec­tiv­ity for the Asia Pa­cific re­gion in or­der to fur­ther en­hance eco­nomic growth and at­tract in­vest­ments.

“We will solve the con­ges­tion prob­lem in the Port of Manila and con­tinue push­ing for­ward pub­lic-pri­vate part­ner­ships on in­fra­struc­ture de­vel­op­ment projects,” Del Rosario said, adding that the Philip­pines is work­ing ex­tra hard to make it eas­ier for for­eign in­vestors to do business in the coun­try.

On Oct 24, the Philip­pines signed the Mem­o­ran­dum of Un­der­standin­gonEstab­lish­ing Asian In­fra­struc­ture In­vest­ment Bank.

“If we have shown our con­fi­dence in China’s lead­er­ship, that means we know China will pro­vide a good way for every­body to be in­cluded in in­fra­struc­ture con­nec­tiv­ity,” said Del Rosario.

She said that as an ar­chi­pel­ago, the Philip­pines is not con­nected to any coun­try in the re­gion through rail­ways or roads. “So the coun­try can only en­gage in trade with its neigh­bors in the re­gion through shipping,” she said.

Apart from the re­gional eco­nomic co­op­er­a­tion, Del Rosario also stressed the im­por­tance of cul­tural and ed­u­ca­tional ex­changes among the coun­tries in the re­gion.

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