Shanghai – At a gathering in Shanghai on 18 September 2024 hosted by Liwayway (China) Co. Ltd. for the visiting delegation from the Anvil Business Club from the Philippines and representatives from the Shanghai Entrepreneurs Association, Philippine Consul General to Shanghai Dinno M. Oblena encouraged the business organizations to identify areas of convergence where the private sectors of the Philippines and China can continue to cooperate in the economic field.

Consul General Oblena highlighted the close economic ties between the Philippines and China as well as the complementarity in the economies of the two countries. He also underscored some of the Philippines’ significant advantages and opportunities to offer for companies wishing to expand their operations overseas, such as its solid macroeconomic foundation, growing population with favorable demographics, presence of highly-educated, skilled, and innovative professionals, legislation that enhances the business environment, and access to markets in the region and other areas globally.

The delegation from the Anvil Business Club, one of the significant organizations of young Filipino-Chinese businessmen and professionals, was comprised of 48 of its members. Apart from the Shanghai Entrepreneurs Association, members of the Philippine Chamber of Business and Professionals were likewise present. END