President Duterte’s China trip yields 10,000 new jobs for Filipinos

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President Duterte’s China trip yields 10,000 new jobs for Filipinos

President Rodrigo Roa Duterte disembarks from the Philippine Airlines Chartered Flight PR001 upon his arrival at the Qionghai Bo'ao International Airport in Hainan Province, China on April 9, 2018. Also in the photo is Davao City Mayor Sara Duterte-Carpio. Image by Richard Madelo, Presidential Photo

President Duterte’s China trip yields 10,000 new jobs for Filipinos

President Rodrigo Roa Duterte and Davao City Mayor Sara Duterte-Carpio arrive at the BFA International Convention Center in Boao, People’s Republic of China for the opening ceremony of the Boao Forum for Asia (BFA) Annual Conference 2018 on April 10, 2018. Image by Simeon Celi Jr., Presidential Photo

President Duterte’s China trip yields 10,000 new jobs for Filipinos

President Rodrigo Roa Duterte and Davao City Mayor Sara Duterte-Carpio make their way inside the BFA International Convention Center in Boao, People’s Republic of China for the opening ceremony of the Boao Forum for Asia (BFA) Annual Conference 2018 on April 10, 2018. Image by Simeon Celi Jr., Presidential Photo

President Duterte’s China trip yields 10,000 new jobs for Filipinos

President Rodrigo Roa Duterte and Davao City Mayor Sara Duterte-Carpio are welcomed by People's Republic of China President Xi Jinping and his wife Peng Liyuan prior to the opening ceremony of Boao Forum for Asia (BFA) Annual Conference 2018 at the BFA International Convention Center in Boao, People’s Republic of China on April 10, 2018. Image by Simeon Celi Jr., Presidential Photo

President Duterte’s China trip yields 10,000 new jobs for Filipinos

President Rodrigo Roa Duterte and Davao City Mayor Sara Duterte-Carpio pose for a photo with People's Republic of China President Xi Jinping and his wife Peng Liyuan prior to the opening ceremony of Boao Forum for Asia (BFA) Annual Conference 2018 at the BFA International Convention Center in Boao, People’s Republic of China on April 10, 2018. Image by Simeon Celi Jr., Presidential Photo

President Duterte’s China trip yields 10,000 new jobs for Filipinos

President Rodrigo Roa Duterte, in his speech during the opening ceremony of Boao Forum for Asia (BFA) Annual Conference 2018 at the BFA International Convention Center in Boao, People’s Republic of China on April 10, 2018, invites responsible businesses to invest in the country as he assures the investors that the government is strengthening the policy framework for businesses to thrive. Image by Simeon Celi Jr., Presidential Photo

President Duterte’s China trip yields 10,000 new jobs for Filipinos

Davao City Mayor Sara Duterte-Carpio listens as her father President Rodrigo Roa Duterte delivers his speech during the opening ceremony of Boao Forum for Asia (BFA) Annual Conference 2018 at the BFA International Convention Center in Boao, People’s Republic of China on April 10, 2018. Image by Simeon Celi Jr., Presidential Photo

President Duterte’s China trip yields 10,000 new jobs for Filipinos

President Rodrigo Roa Duterte, in his message following the signing of agreements between Philippine and Chinese companies at the Golden Coast Hotel in Boao, People’s Republic of China on April 10, 2018, reiterates that the Philippines is continuing to promote ease of doing business as well as the government's effort in addressing corruption. Photo by Richard Madelo, Presidential Photo

President Duterte’s China trip yields 10,000 new jobs for Filipinos

President Rodrigo Roa Duterte and People's Republic of China President Xi Jinping pose for a photo following a successful bilateral meeting at the Boao State Guesthouse on April 10, 2018. Photo by Ace Morandante, Presidential Photo

President Duterte’s China trip yields 10,000 new jobs for Filipinos

President Rodrigo Roa Duterte and Davao City Mayor Sara Duterte-Carpio are swarmed by supporters during the President’s meeting with the Filipino community at the Kai Tak Cruise Terminal in Hong Kong on April 12, 2018. Image by Arcel Valderrama, Presidential Photo

President Duterte’s China trip yields 10,000 new jobs for Filipinos

President Rodrigo Roa Duterte, in his speech during the meeting with the Filipino community at the Kai Tak Cruise Terminal in Hong Kong on April 12, 2018, reiterates that he has been exerting effort in fulfilling his campaign of promises of addressing illegal drugs, crime and corruption. Photo by Valerie Escalera, Presidential Photo

President Duterte’s China trip yields 10,000 new jobs for Filipinos

President Rodrigo Roa Duterte and Davao City Mayor Sara Duterte-Carpio wave farewell to the send-off party as they prepare to board the Philippine Airlines Charter Flight PR001 at the Qionghai Boao International Airport on April 10, 2018 following a successful participation to the Boao Forum for Asia (BFA) Annual Conference 2018. Also in the photo is the President's grandson Mateo. Image by Simeon Celi Jr., Presidential Photo

On April 13, President Rodrigo Duterte arrived from his visit to China and Hong Kong, underscoring that his visit would yield 10,000 jobs for Filipinos.Earlier that week, President Duterte was in Hainan, China for his attendance to the Boao Forum for Asia (BFA) Annual Conference as well as his working visit to Hong Kong.

According to President Duterte, his visit to China has yielded an estimated US$9.8-billion in investments, which would generate 10,000 jobs for Filipinos.

“The nine business agreements signed during my visit yielded an estimated value of 9 to 8 billion dollars in investments. These are projected to generate more than 10,000 jobs for our countrymen and women,” he said.

Included in the business agreements signed are the exploration opportunities on land reclamation and development by Shanghai GeoHarbour Group, building and operation of LNG receiving terminal by Jovo Group Co. Ltd, development of large tourism projects, electronics industry parts by Zhongfa Group, and infrastructure and construction project and thermal power supply by Haocheng Group.

Other Chinese companies like East-Cloud Biz Travel Ltd, China National Heavy Machinery Corp., Shanghai Shinehigh Biotechnology Ltd and Zhejang Dongyang Chemical Co. Ltd, and Sino BMG expressed interest in wanting to invest in the Philippines.

The President’s visit likewise forged six new bilateral agreements between the government of the Philippines and the Chinese government — the Memorandum of Understanding (MOU) on the employment of Filipino teachers of English language in China among them, which allows for the employment of 2,000 Filipino English language teachers starting this year and will be valid for two years, subject to renewal, as stated by President Duterte himself.

The Chinese government, reportedly, will also provide 500 million Renminbi in grant assistance.

President Duterte said that the leaders discussed the importance of an “open and innovative Asia for greater global prosperity” at the Boao Forum for Asia held in Hainan, China.

“We strongly emphasized the need for economic cooperation, coordination and collaboration to achieve the development our peoples,” President Duterte said.

The President said that both Philippines and China have committed to sustaining the vigor of the Philippine-China relations. He also added that the Philippines would continue to seek the expansion of areas for mutually beneficial collaboration, consistent with the laws.

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Ritchel Mendiola
Ritchel Mendiola

A 22-year old girl who thinks writing is just as important as breathing.

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