MANILA
China and Philippines have agreed to speed up the working process of cooperative projects, hoping to make vital progress within this year, a Chinese commercial official said here on Saturday.
Chinese Commerce Minister Zhong Shan and Philippine economic officials have discussed their cooperative projects on the sidelines of ASEAN (Association of Southeast Asian Nations) Economic Ministers’ meeting and related meetings in Manila, according to Department Of Asian Affairs of the Chinese Ministry of Commerce Director General Wu Zhengping.
Both sides had concrete discussions on projects such as airports, railways and irrigation system included in the Six-Year Development Program for Trade and Economic Cooperation signed by China and the Philippines in March this year, Wu said.
They agreed to expedite the working process and hoped to make significant progress on the projects before the ASEAN summit in November.
The Six-Year Development Program was signed by both countries in March this year, aiming to provide a guideline for trade and economic cooperation between China and the Philippines.
