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More investments from China in the Philippines will mean more jobs for Filipinos, Department of Trade and Industry (DTI) Secretary Alfredo Pascual.
Pascual was able to join President Ferdinand Marcos Jr. during the Chief Executive’s state visit to China from January 3 to 5, where they met with Chinese business leaders and investors. According to Pascual, these business leaders have expressed interest in investing in the Philippines.
“The immediate impact for Filipinos will be jobs because the importers would be buying products that are produced in the Philippines and the companies that are producing them will have to rev up or increase their production,” said Pascual.
