Pres. Duterte arrives in Beijing to attend Belt and Road Forum

BEIJING-- Pres. Rodrigo Duterte arrived in the China capital Saturday night from Hong Kong to attend the high-profile Belt and Road Forum for International Cooperation on May 14-15, in a bid to push stronger economic ties with China and the rest of the world.

He is among the 29 heads of state and government leaders that will attend the forum.

The visit to China is Pres. Duterte's second since he assumed office in July last year. In October 2016, he went on a state visit here and brought home billions of dollars in prospective investments.

Chinese Pres. Xi Jinping's flagship One Belt, One Road initiative will launch a series of infrastructure projects across three continents, linking Asian markets with economic circles in Europe and Africa.

The Philippines' participation in the initiative complements the administration's massive trillion-peso infrastructure program dubbed as "Build, Build, Build" that would usher in the country's "golden age of infrastructure" in the next five years.

Joining the president's delegation to the forum are his economic managers who will pitch before foreign businessmen the Duterte administration's economic and infrastructure program through the "Dutertenomics" forum on May 15 at the Grand Hyatt Hotel here.

Big-ticket infrastructure projects such as roads, bridges, mass urban and subway systems are among the key priorities under the administration's development agenda. Some of the identified projects will be funded by China.


At the sidelines of the forum, Pres. Duterte will hold a bilateral meeting with Mongolian Prime Minister Jargatulyn Erdenebat on May 14 at the Grand Hyatt Hotel here.

He is also set to hold bilateral talks with Pres. Xi at the Great Hall of the People on May 15. Prior to that meet, he is also expected to meet with Chinese Prime Minister Li Keqiang.

In his earlier remarks, Pres. Duterte said the meetings with the Chinese leaders are aimed at reviewing the political-security developments, economic, cultural, people to people relations, discuss recent exchanges between the two countries and updates in economic cooperation since his state visit last year.

Prior to his China trip, Pres. Duterte participated at the World Economic Forum (WEF) for ASEAN from May 10 to 11 and Hong Kong from May 12-13 where he met with the Filipino community.

Source: Philippines News Agency