The Davao City Chamber of Commerce and Industry Inc., (DCCCII) and the Consulate General of the People’s Republic of China in Davao continue talks on trade cooperation following the recent signing of the Strategic Cooperation Agreement between the DCCCII and the Hainan International Economic Cooperation and Exchange Association on July 16, 2021.
Consul General Li Lin recently met with Dr. Maria Lourdes Monteverde, president of DCCCII for a follow-up meeting after the signing of agreement. They both exchanged ideas on how to turn the cooperation into concrete results in order to further promote the economic cooperation between Hainan and Davao City.
Lin told Edge Davao the meeting was a follow up on the strategic partnership between DCCCII and Hainan for cooperation on free trade zone, Philippine Economic Zone Authority (PEZA) zone, agricultural trade and food processing and other areas of cooperation.
“We discussed consular matters, trade relationships between China and the Philippines and specific investments to Mindanao. Very broad kasi ang interests ng China from agriculture to IT to food processing, goods, power, steel, and suggested that it be processed here,” said Monteverde.
Meanwhile, the virtual signing of the cooperation to contribute in strengthening the business cooperation between the two organizations while boosting the economic development of both countries.
