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THE 20TH CHINA-ASEAN EXPO… OPENS ITS DOORS TO DRIVE REGIONAL ECONOMIC INTEGRATION AND GLOBAL ECONOMY!

By: Victor Baldemor Ruiz

China-ASEAN Expo (CAEXPO) 2023 officially launches its 20th iteration since it was first held in 2004 in Nanning, the capital city of the Guangxi Zhuang autonomous region where 16 enterprises from the Philippines joined.

The Chinese Embassy in Manila announced; “The three-day expo from September 16-19, has become a prominent platform to promote communication, economic and trade cooperation, and people-to-people exchanges between China and ASEAN.”

Growing as one of the most influential trade events in the world, the CAEXPO has attracted approximately 1.1 million exhibitors and buyers since its inception.

For the Philippines, 16 enterprises will participate, along with the debut of the Chinese market’s beloved Philippine durians, acting as a touchstone for its specialty products in beverages, home accessories, palm oil, and more to enter the Chinese market.

The expo has played a pivotal role in upgrading our Free Trade Area and Agreement, promoting RCEP promotion, and strengthening the Belt and Road Initiative.

Ambassador Huang Xiliian said; “I hope this year continues to become the effective platform that raises China-ASEAN relations to greater heights. Likewise, I eagerly look forward to the expo’s benefits for many Philippine enterprises and how it will create more opportunities for Filipinos and China-Philippines economic partnerships!”

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