国别贸易投资环境报告英文版Philippines.pdfVIP

Foreign Market Access Report 2010 The Philippines 【Risk Warning 】 Philippines published its new investment guidance in 2009, giving priority to investment in export-oriented business, agriculture, fishery and infrastructure construction on a regular basis. It also provides preferential terms on a temporary basis for investment in sectors that may attract investments and create jobs. Investments are restricted in such sectors as banking, financing, retailing, service and small-scale mining industries. Intended investors should have a knowledge of the new investment guidance before making plans. Many National Standards were introduced in Philippines in 2009, covering tire, glass products, fireworks, sugar cane liquor, and sucrose. Related exporters should stay informed of those new standards and make sure their products are qualified for importation. 1 An Overview of Bilateral Trade and Investment According to the China Customs, the bilateral trade volume between China and Philippines in 2009 reached US$ 20.53 billion, down by 28.3% over 2008, among which China’s export to the Philippines was US$ 8.58 billion, down by 6.0 %, while China’s import from the Philippines amounted to US$ 11.95 billion, down by 38.8 %. China ran a deficit of US$ 3.37 billion. China mainly exported to the Philippines electronic equipments, machinery, fossil fuel, knitted and crocheted clothing and accessories, plastic and its products, iron and steel products, automobiles, toys, sport facilities, and footwear. China’s imports from the Philippines include electrical equipments, mechanical equipments, ore, copper and its products, plastic and its products, optical and