Oil prices are rising again as of Tuesday, marking the second week in a row…
China prepared to assist PH in coping with shortage and rising food prices
Chinese Ambassador Huang Xilian said on Friday that China is prepared to assist the next administration in addressing the lack and the rising price of agricultural products.
Days earlier, Ferdinand Marcos Jr. declared he would temporarily lead the Department of Agriculture (DA) to solve the “serious” food insecurity in the nation.
In a speech at the Manila Forum for Philippines-China relations, Huang said, “China is willing to do its best to enable the incoming administration to effectively cope with the rising prices and lack of agricultural production materials, and work together to tackle the uncertainties of the globe.”
The ambassador claimed that Marcos’ phone call with Chinese President Xi Jinping last month is evidence of the two countries’ “political commitment” to develop closer ties.
“They saw a promising future for our bilateral ties, one in which they would advance and the plan for friendly collaboration between us would be carried out. This represents both the shared goal of our two peoples as well as the political resolve of the two leaders, “added he.
China is ready to collaborate with the Philippines to take advantage of new prospects and build a better future for relations between the two countries.
The two countries might strengthen their agricultural cooperation by enlisting investors and adopting Chinese agricultural technologies, among other things, according to Deng Jun, president of the Chinese Enterprises Philippines Association.
In the Philippines, he stated, “the private sector may be invited to engage in agricultural development, and some government policies may be developed that are pro-farmers.”