2017年CRI China, Philippines agree to cooperate on 30 projects worth $3.7 bln

 

China's Minister of Commerce has met with senior Philippine officials who are visiting Beijing for talks on economic and trade cooperation.

Gao Hucheng says the deals signed this Monday relate to infrastructure¹.

"After our series of talks this morning, we can confirm that the initial batch² of civilian³ infrastructure projects is worth around 3.7 billion US dollars. We've already confirmed three of these projects, but there are still a series of bank formalities that we must complete."

The deal is the first announcement to come from a two-day visit to China by a Philippine cabinet delegation⁴.

Minister Gao Hucheng also says other document will be signed during the visit to ensure efficiency and transparency in their cooperation.

"The documents will help China and the Philippines set up rules to ensure transparency, fairness and legitimacy⁵ in various areas including infrastructure, transportation and telecommunications. It will help facilitate and ensure fairness in the process of project approval, applications for loans and financing."

Philippine Finance Secretary Carlos Dominguez, who leads the Philippine delegation, says he has had a very productive meeting with Gao Hucheng, saying they've discussed large projects in rural areas, as well as some smaller projects.

"And we are planning to reduce poverty is through implement⁶ a massive amount of infrastructure projects. These create jobs for people in the rural areas as well as connect rural production areas to the markets. "

The visit by Philippine officials comes a few months after President Rodrigo Duterte visited Beijing.

During his meeting with Chinese President Xi Jinping, Duterte managed to secure a dozen agreements covering trade, investment and agriculture.

The Philippine cabinet team on this trip includes Duterte's finance, budget, economic, public works and transport secretaries.

The two sides have also been discussing the possibility of creating a wider, regional economic partnership⁷.

1 infrastructure   

n.下部构造，下部组织，基础结构，基础设施

参考例句：

• We should step up the development of infrastructure for research.加强科学基础设施建设。
• We should strengthen cultural infrastructure and boost various types of popular culture.加强文化基础设施建设，发展各类群众文化。

2 batch   

n.一批(组，群)；一批生产量

参考例句：

• The first batch of cakes was burnt.第一炉蛋糕烤焦了。
• I have a batch of letters to answer.我有一批信要回复。

3 civilian   

adj.平民的，民用的，民众的

参考例句：

• There is no reliable information about civilian casualties.关于平民的伤亡还没有确凿的信息。
• He resigned his commission to take up a civilian job.他辞去军职而从事平民工作。

4 delegation   

n.代表团；派遣

参考例句：

• The statement of our delegation was singularly appropriate to the occasion.我们代表团的声明非常适合时宜。
• We shall inform you of the date of the delegation's arrival.我们将把代表团到达的日期通知你。

5 legitimacy   

n.合法，正当

参考例句：

• The newspaper was directly challenging the government's legitimacy.报纸直接质疑政府的合法性。
• Managing from the top down,we operate with full legitimacy.我们进行由上而下的管理有充分的合法性。

6 implement   

n.(pl.)工具，器具；vt.实行，实施，执行

参考例句：

• Don't undertake a project unless you can implement it.不要承担一项计划，除非你能完成这项计划。
• The best implement for digging a garden is a spade.在花园里挖土的最好工具是铁锹。

7 partnership   

n.合作关系，伙伴关系

参考例句：

• The company has gone into partnership with Swiss Bank Corporation.这家公司已经和瑞士银行公司建立合作关系。
• Martin has taken him into general partnership in his company.马丁已让他成为公司的普通合伙人。