Aquino to spend P25-M for 5-day state visit to China
August 31, 2011
THE Philippine government has allotted P25 million for President Benigno Aquino III’s five-day state visit to China, a Malacañang official said Tuesday.
The budget will cover expenses for the special commercial flight, hotel accommodations, food, transportation, telecommunications and equipment requirements, among others, during the three-leg state visit, Executive Secretary Paquito Ochoa said.
President Aquino left for China Tuesday night via Philippine Airlines Special Commercial Flight PR-001.He will be accompanied by a lean Cabinet delegation including Foreign Secretary Albert Del Rosario, Trade and Industry Secretary Gregory Domingo, Finance Secretary Cesar Purisima, Energy Secretary Rene Almendras, Presidential Spokesperson Edwin Lacierda, and Transportation Secretary Manuel Roxas II.Meanwhile, a large Philippine business delegation of some 270 business executives are expected to accompany him. These executives include JG Summit Holdings Inc. founder and chairman emeritus John Gokongwei Jr., SGV & Co. founding chairman Washington Z. SyCip, Philippine Chamber of Commerce and Industry, Inc. (PCCI) Council of Business Leaders chairman Jose T. Pardo, Jollibee Foods Corp. chairman Tony Tan Caktiong, Metrobank Group founder and chairman George S.K. Ty, SM Investments Corp. co-chairperson Teresita Sy-Coson, San Miguel Corp. President and Chief Executive Officer Ramon Ang, Philippine Long Distance Telephone Co. (PLDT) chairman Manuel V. Pangilinan, and Lucio C. Tan Group of Companies founder and chairman Lucio C. Tan.
“The primary objective of the President’s visit is to further strengthen bilateral ties between the Philippines and China, especially in the aspect of trade and commerce,” Ochoa said.
Aquino will be China from August 30 to September 3 upon the invitation of Chinese President Hu Jintao.
He will visit Beijing, Shanghai and Xiamen where he will meet top Chinese officials and key business leaders.
“President Aquino will be meeting Chinese businessmen and economic policy-makers, and given the potential of both our economies, we hope to close investment deals that will be beneficial for all those involved,” Ochoa added.
The Chief Executive’s first stop is Beijing, where he is scheduled to meet President Hu in a bilateral meeting, followed by the signing of economic agreements and a state banquet.
President Aquino will also be meeting with Premier Wen Jiabao and legislators, including Wu Bangguo, chairman of the Standing Committee of the National People’s Congress, as well as members of the Filipino community in the Chinese capital.
In Shanghai, the President will meet with local officials and major business groups and sign agreements intended to boost trade ties. He will also hold a meeting with Filipinos based in this premier economic hub.
President Aquino’s last stop is Xiamen, which visit includes a trip to Hongjian Village in Fujian province where he will view the araucaria tree planted in 1988 by his mother, former President Corazon C. Aquino.
The President will then plant his own tree in the village and interact with the members of the Xu (Co) clan, where his late mother traced her ancestral roots more than two decades ago.
He will also take time out from his busy schedules in Beijing by visiting two of the historical sites in China — the Great Wall of China and the Forbidden City.
The Chinese government has recommended that President Aquino should visit the Badaling section of the Great Wall, which is approximately 80 kilometers northwest from the center of Beijing.
The Badaling section of the Great Wall, which is the best preserved and most popular among all its sections, is more than 1,000 meters (or 3,281 feet) above sea level, and said to command a strategic position for transportation and defense in ancient times.
The famous Great Wall of China, aside from the Forbidden City, is the most frequented site by both local visitors and tourists all over the world.
The Forbidden City is most commonly known in Chinese as Gugong, which means the “Former Palace.” It was the Chinese Imperial Palace from the Ming Dynasty to the end of the Qing Dynasty. It is located in the middle of Beijing, China, and now houses the Palace Museum. (Jill Beltran/Sunnex)
Source: http://www.sunstar.com.ph/manila/local-news/2011/08/30/aquino-spend-p25-m-5-day-state-visit-china-176299
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