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PHILIPPINE consulate general in shanghai PARTICIPATES IN zhejiang trade fair and international forum

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L-R: Zhejiang Governor Lu Zhu Shan, Philippine Consul General to Shanghai Maria Rowena Mendoza Sanchez, Consul Aileen Mendiola-Rau,

Former Philippine President and Chairman of the Bo’ao Forum for Asia

Fidel V. Ramos

 

18 June 2008 – The Philippine Consulate General led by Consul General Maria Rowena Mendoza Sanchez participated in the 10th Zhejiang Investment and Trade Forum, the 7th China International (Ningbo) Consumer Products Expo and the Boao Forum for Asia’s international forum on Modern Logistics and Free Port which were held from 7 to 8 June 2008 in Ningbo City, Zhejiang Province. 

 

The 10th Zhejiang Investment and Trade Forum and the 7th China International Consumer Goods Fair (CICGF) presented investment projects in Zhejiang and launched new "made in China" products.  The fair was attended by representatives from foreign embassies in Beijing and consulates in Shanghai together with over 70,000 foreign and domestic visitors.   

 

Consul General Sanchez noted that participation in the fair is very important as Zhejiang Province is one of the richest provinces in China. The province is home to about 50 million people and boasts of a Gross Domestic Product of US$221.73 billion in 2007. People living in Zhejiang have a per capita GDP of over US$5,000. Six cities of Zhejiang – Hangzhou, Ningbo, Jiaxing, Huzhou, Shaoxing and Zhoushan are part of the Yangtze River Delta metropolitan region, the new economic growth hub which includes Shanghai. Among the top 500 multinational companies with regional headquarters in China, 202 can be found in Zhejiang. Private companies are also the primary force in pushing Zhejiang’s “Going Global” strategy.

 

Consul General Sanchez said that the “Going Global” strategy of the Chinese government towards its Chinese companies and the varied business opportunities present in the Philippines are clear opportunities that both Chinese and Philippine businessmen should not pass up. Zhejiang, she says, is an economic powerhouse with businessmen from the province as one of the main sources of investment or capital for Shanghai.  Consul General Sanchez added that the province can be a major source of trade, investment and tourism. 

 

Consul General Sanchez and Consul Aileen Mendiola-Rau also attended the Boao Forum for Asia’s international forum on Modern Logistics and Free Port wherein Former President Fidel V. Ramos was one of the keynote speakers.  FVR is the Chairman of the Boao Forum for Asia.END

 

Copyright Philippine Consulate General, Shanghai - September, 2008