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MANILA, Nov. 19 (Xinhua) -- Chinese President Xi Jinping's signed article published Monday in the mainstream Philippine newspapers has raised high expectations in the Southeast Asian country for closer ties with China.
They also pledged to speed up RCEP negotiations and enhance trade and investment liberalization and facilitation in the region.
16.Both sides recognize that infrastructure cooperation has been a highlight of China-Philippines bilateral cooperation. The two sides will work for the timely completion of the Chico River Pump Irrigation Project and the Binondo-Intramuros and Estrella-Pantaleon Bridges, facilitate the implementation of projects such as the New Centennial Water Source-Kaliwa Dam Project, the Safe Philippines Project Phase I and the Philippine National Railways South Long Haul Project, and other priority projects lined up for feasibility study support and implementation, and ensure effective implementation of ongoing projects. Both sides will work towards the formulation of relevant procedures and protocols for government concessional loan (Renminbi-denominated loan), and utilize preferential buyer's credit, commercial loans for development and co-financing arrangements between China and multilateral development banks, to provide financial support to key infrastructure projects.
This reform should be advanced on the basis of equality, openness, transparency and inclusiveness, he said, adding that developing countries should have more say and greater representation in this process.
Wang made the remarks during his meeting with South Korean Prime Minister Lee Nak-yon on Monday.
来源：资阳报