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Envoy to China says PH a major center of economic services in Asia

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According to the report, Philippine Ambassador to China Jaime Flor Cruz has introduced the Philippines as a major center of the economic services market in Asia. In his speech during the recent Philippine Country Forum at the 2025 China International Fair for Trade in Services (CIFTIS) in Beijing, Flor Cruz urged Chinese investors, innovators, and business owners to choose the Philippines as a destination for their next projects.

The ambassador also said that the Philippines is a strong and stable country, and a global center of competitive services in Asia. We are open for business, and we welcome China, our largest trading partner, to partner with us in high-growth services and industries. This year marks 50 years of Philippines-China formal diplomatic relations, but the trade and people-to-people exchanges between the two countries have been going on for over a thousand years.

In addition, the ambassador boasted about FiberHome, a Chinese networking and telecommunication equipment provider successfully operating in the Philippines. FiberHome, he said, is living proof that progress can be achieved by investing in the Philippines.

Source: PNA
 
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