Experts say the Philippines joint declaration to promote bilateral economic and trade development an

International online report (reporter Wei Yu, jasman) : the republic of the Philippines President Ferdinand Luo Muer, marcos on January 3 solstice 5 state visit to China. During the visit, xi jinping, chairman with held friendly and fruitful talks with President Ferdinand marcos. China and the Philippines also issued a joint statement signed cooperation documents in 14 categories. Experts said that the Philippines joint declaration to promote bilateral economic and trade development and sustainable cooperation is of great significance.

Recently, located in the Philippine capital Manila region of more than pinot - interlochen jose Ross bridge became local web celebrity clock. The bridge opened to traffic in April 2022 the total length of about 678 meters, by the Chinese assistance free of charge. Deputy secretary of the Philippines department of public works and highways, Roger mercado said the project to promote the local economic recovery, to further strengthen the friendship between the two countries in the Philippines. Mercado says: "for the Philippines people and the Manila area, it is a very important project, improve traffic conditions, brings jobs and economic activity, this makes sense. This bridge is very close to the old, is a place wher economy is active, it will also make the relationship between the Asian countries especially bilateral relations to a new level."
Pinot - more interlochen jose Ross bridge project is a microcosm of China and the Philippines cooperation. In recent years, bilateral pragmatic cooperation with fruitful results. At present, China ranks the first largest trading partner and largest source of imports and second largest export destination, "One Belt And One Road" initiative with the Philippines "to build to build" docking "good building of building" planning depth, in disaster relief, construction, agriculture and other fields has carried out nearly 40 intergovernmental cooperation projects. Of the joint statement released according to 5, the two sides will further deepen cooperation infrastructure construction. In response, the Chinese institute of contemporary international relations, deputy director of the institute of southeast Asia and Oceania LuoYongKun think these cooperation projects will bring tangible benefits to the people of the two countries and industry. LuoYongKun said: "through this cooperation, the future as lands, infrastructure projects, infrastructure along some of the regional cooperation and some of the new cooperation plan, related to a series of industrial cooperation should be able to drive. Fall to the ground, we can look forward to the future with the cooperation of industry docking between will be further strengthened, further drive the specific cooperation between enterprises."

According to a joint statement, China and the Philippines will also further development of bilateral trade, for restoring and transcend the disease before the bilateral trade volume. Chinese Academy of Social Sciences institute of the asia-pacific and the global strategy, researchers said Xu Liping are highly complementary to trade, China and the Philippines cooperation space is large. Xu Liping said: "on the one hand is the large amount of mineral products, agricultural products market in China is very to, in addition some of China's mechanical and electrical products, electronic products continuously exported to the Philippines. So over the years, China became the largest trading partner in the Philippines, China and the Philippines largest source of imports, and the Philippines, the second largest export destination. We know 1 - (2022) in October, the two sides trade also present a sharp increase."
Agriculture is the important industry of the Philippines. Philippine department of agriculture, according to data from the country in 2021, about a quarter of employment population in agriculture, agriculture in the Philippines that gross domestic product (GDP) of 9.6%. , of the China institute of contemporary international relations, deputy director of the institute of southeast Asia and Oceania LuoYongKun think in the future, agricultural cooperation will be a new economic and trade cooperation between the two countries window: "this statement, we see the two sides signed the agriculture fishery work plans, including follow-up (probably) will see the agricultural products in the Philippines, like avocado, durian, coconut, tuna and so on some agricultural fishery products will enter into the Chinese more."

In the field of oil and gas cooperation, joint statement pointed out that the two sides agreed to keep in mind that signed in 2018 the government of the People's Republic of China and the government of the republic of the Philippines on oil and gas development cooperation memorandum spirit, on the basis of existing achievements, restart the offshore oil and gas development consultation as soon as possible, to benefit the two countries and two peoples. Joint statement also pointed out that the two heads of state is the south China sea situation in-depth exchange of views, the emphasis on the south China sea dispute is not all of the bilateral relations and agreed to properly control the differences. LuoYongKun think about it, this consensus is of great significance to maintaining peace and stability in the south China sea. LuoYongKun said: "the south China sea issue is an important issue in the relations between China and the Philippines, the dialogue between the heads of state, is the important strategic consensus, both sides is to share control their differences and jointly safeguard the stability of the south China sea. Both parties confirm to further strengthen the measures to enhance mutual trust, and also established the Marine communication between the Ministry of Foreign Affairs, but also to (in time) for defense and security dialogue, this meaning is very important."

Academy of social sciences institute of the asia-pacific and the global strategy, researchers said Xu Liping without controversy in China and the Philippines sea oil and gas exploration has the very big cooperation space. Xu Liping said: "our advantage in this area in China, China has the exploration technology, talents, capital; The Philippines has its broad market, the future should be a complementary cooperation, and cooperation is the key to implement. As soon as possible, I think, restart the offshore oil and gas exploration, and further suggests that both sides have the determination and the will to make energy cooperation further deep walk."
In addition to specific cooperation projects, joint statement has been clear about the "China welcomes the Philippines to join the 'global development group friends of the initiative, the two sides will in bilateral and regional levels around the implementation of the global development initiatives to strengthen cooperation". Experts believe that this will help to maintain regional peace and stability, to promote sustainable regional development and economy cooperation. , of the China institute of contemporary international relations is the deputy director of the institute of southeast Asia and Oceania LuoYongKun said: "in the global one hundred now change the background of the evolution of accelerated developing countries more and more focus on the development, and the desire of the cooperation between China and developing countries to strengthen, consensus on the rise, in the work together to maintain regional stability. The Philippines and southeast Asian countries to support global development initiative, it is important significance not only to promote bilateral relations, and will further promote the whole area and even the world peace and stability, and will maintain for the sustainable development and cooperation around the world. From this point, the global development initiatives are of international significance."