A group of individuals, who appear to be of diverse ages and possibly of East Asian descent, are posing for a group photograph indoors. They are standing in front of a large screen displaying logos and text that reads 'PHILIPPINES - CHINA INVESTMENT MEETING 2023'. The caption indicates that the group includes members of the Philippine delegation, led by Director General Theo Panga and Vice Consul Froilan Pamintuan, as well as business guests. The event appears to be a Philippine Forum in Xiamen, co-organized with Aboitiz InfraCapital. The individuals are dressed in business attire, suggesting a formal or professional setting.
The Philippine delegation led by Director General Theo Panga (6th from right) of the Philippine Economic Zone Authority (PEZA) and Vice Consul (Commercial) Froilan Pamintuan (5th from left) of the Philippine Trade and Investment Center in Guangzhou (PTIC Guangzhou) with some business guests at the sidelines of the Philippine Forum in Xiamen co-organized with Aboitiz InfraCapital. 

The Department of Trade and Industry (DTI), through its Philippine Trade and Investment Center in Guangzhou (PTIC Guangzhou), and the Philippine Economic Zone Authority (PEZA), successfully conducted a series of investment promotion activities in the Chinese cities of Xiamen, Dongguan, and Shenzhen.  Held from 17-21 March 2025, the Philippine team has engaged the private sector in key manufacturing cities across Fujian and Guangdong provinces, in partnership with Aboitiz InfraCapital. 

The DTI’s involvement in these initiatives emphasizes its commitment to supporting the government’s goal of attracting foreign investments by developing the Philippines as a conducive destination in doing business. 

Timed to mark the 50th anniversary of bilateral relations between the Philippines and China, the activities showcased the expanded fiscal and non-fiscal incentives offered under the newly approved CREATE MORE Act. These incentives highlight the Philippines as an ideal complementary site for the internationalization plans of globally competitive companies based in southern China. 

Strategic and sustainable manufacturing and services companies expressed significant interest in pursuing business opportunities in the Philippines, further reinforcing the potential for cross-border economic collaboration. The Philippine delegation also extended its outreach by visiting Chongqing on 18 March 2025, a major city in central China under the jurisdiction of the Philippine Trade and Investment Center in Shanghai (PTIC Shanghai). 

According to the latest report by the Philippine Statistics Authority (PSA) as of February 2025, China is the Philippines’ top trading partner with two-way trade valued at USD 42.2 billion. Guangdong province continues to be the largest trading partner among China’s provinces, housing prominent cities such as Guangzhou (Canton), Dongguan, and Shenzhen. Fujian province, where Xiamen is located, is recognized as one of China’s top 10 provincial economies and is home to major Philippine companies like SM, Robinsons, and BDO.  

With strong collaborations and ongoing initiatives, PTIC Guangzhou and PEZA continue to strengthen the Philippines’ position as a preferred investment and trade partner for southern China, paving the way for deeper economic engagement. 

A wide shot of a room filled with seated individuals, who appear to be business representatives, possibly of East Asian descent, attending a presentation. They are facing a large screen displaying a video or presentation, where a person, possibly Director General Tereso Panga of the Philippine Economic Zone Authority (PEZA), is visible. The caption indicates that this is one of the investment promotion sessions co-organized by PEZA and PTIC Guangzhou with Aboitiz InfraCapital. The room appears to be a conference or meeting space, with blue and white chairs arranged in rows. The lighting is bright, and the overall atmosphere suggests a professional or business-oriented event. The individuals are dressed in business casual or formal attire. The image appears to be taken from the back of the room, showing the audience and the screen.
Xiamen business representatives listen to a presentation of Philippine Economic Zone Authority (PEZA) Director General Tereso Panga during one of the investment promotion sessions co-organized by PEZA and PTIC Guangzhou with Aboitiz InfraCapital. 

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Date of release: 03 April 2025

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