Philippines targets higher sales at China-ASEAN Expo
The Philippines is aiming to generate higher sales from its participation at the China-ASEAN Expo this year compared to last year, according to the Department of Trade and Industry.
Nanning, China - The Philippines aims to surpass sales from last year's China-ASEAN Expo participation, according to Trade Secretary Cristina Roque. This year's Country of Honor, the Philippines sent a 313-strong delegation comprising high-value export enterprises in various sectors. The expo runs until September 21 at Nanning International Convention and Exhibition Center in Guangxi, China.
Last year, 12 Philippine enterprises made over $18 million in export sales. Roque emphasized the importance of such events for promoting Philippine products and investment opportunities. The government spent about P15 million to support exhibitors, maximizing the budget for the event with more participants. CITEM worked with several government agencies and industry bodies for the Philippines' participation.
The Philippines sees potential in exporting agricultural products like durian, bananas, and coconuts to China. Cebu was chosen as the province for its strong interest in promoting trade and investment opportunities. Roque stated that participation in the CAEXPO demonstrates the country's readiness to do business with Asia and the world, as part of its strategy to diversify export markets.
Written by urgent.news from Philippine Star Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
