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    Home > Food News > Food Articles > China's Ministry of Commerce: The Philippines has become China's largest source of banana and pineapple imports

    China's Ministry of Commerce: The Philippines has become China's largest source of banana and pineapple imports

    • Last Update: 2023-02-02
    • Source: Internet
    • Author: User
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    Beijing, 6 Jan (Russian Satellite News Agency) -- China's Ministry of Commerce spokeswoman Shu Hengting said at a news conference on 6 January that the Philippines has become China's largest source of banana and pineapple imports
    .
     
    Introducing the achievements of Sino-Philippine economic and trade cooperation in recent years, Shu Hengting said: China and the Philippines are close neighbors with a strip of water, and friendly exchanges have a long
    history.
    A few days ago, President Xi Jinping held talks with visiting President Marcos, which pointed out the direction and outlined the blueprint
    for future cooperation between China and the Philippines.
    Under the strategic guidance of the two heads of state, China-Philippines economic and trade cooperation has achieved fruitful results
    in recent years.
     
    By the end of 2021, China had become the Philippines' largest trading partner for six consecutive years and jumped to become the Philippines' second largest export market
    , the spokesman said.
    China is the third largest export market
    for Philippine agricultural products.
    From January to November 2022, China-Philippines trade volume was US$80.
    41 billion, a year-on-year increase of 8.
    3%.

    At the 5th China International Import Expo, the Philippines booth area increased by 240 square meters compared with the previous edition, and 19 new exhibitors
    were added.
    At present, the Philippines has become China's largest source of banana and pineapple imports, coconut, avocado, frozen fruits, etc.
    have also entered the Chinese market, and fresh durian is about to be exported
    to China.
     
    Shu Hengting also pointed out that at the same time, Chinese enterprises have achieved remarkable results in investment cooperation in the Philippines
    .
    According to Philippine statistics, from 2016 to 2021, Chinese enterprises invested about US$2.
    9 billion in the Philippines, involving service outsourcing, logistics, agriculture, steel, communications and other fields, showing strong vitality
    .
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