CIDCA chairman meets with Philippine delegation

Wang Xiaotao, chairman of the China International Development Cooperation Agency (CIDCA), held talks with a delegation of Philippine government officials led by Philippines Secretary of Finance Carlos Dominguez III on Aug 24.

They exchanged views on the joint implementation of the important consensus reached by the leaders of both sides and the promotion of practical cooperation in relevant areas.

CIDCA officials hold talks with a delegation of Philippine government officials led by Philippines Secretary of Finance Carlos Dominguez III on Aug 24. [Photo/CIDCA]

Wang first welcomed the high-level delegation and introduced CIDCA’s work in implementing the consensus reached earlier, which has helped improve the Philippine people's livelihoods and infrastructure construction.

Wang said that the establishment of the CIDCA is a major initiative of the Chinese government to build a community of shared future for mankind, maintain world peace and promote common development.

The CIDCA is ready to work with the Philippine side to continuously strengthen and deepen bilateral pragmatic cooperation in the direction set by the leaders of the two countries.

Wang(L) shakes hands with Dominguez (R). [Photo/CIDCA]

Dominguez congratulated Wang on the establishment of the CIDCA, and then introduced the economic and social development of the Philippines in recent years.

He said that the rapid development of the Philippine domestic economy cannot be separated from China's support and help.

At present, the Philippine government is vigorously developing infrastructure construction, and hopes to learn more development experience from China, Dominguez added.

He believes that the establishment of CIDCA will help deepen bilateral friendly relations and promote the landing of major cooperation projects.

CIDCA Vice-chairman Zhou Liujun also attended the meeting.

Wang (R) signed relevant cooperation agreements with Mark A. Villar (L), Philippine department secretary of public works and highways after the meeting. [Photo/CIDCA]