China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) expects trade and investment with the Philippines to continue despite the arbitration ruling in favor of Manila.
In a statement, the group said it is holding the China Machinery and Electronic Products Exhibition 2016 in Manila next month on August 18 to 20 in Manila.
Many world-class Chinese manufacturers are interested in expanding business in the Philippines, according to CCCME.
This is the 12th year the group is hosting the event in the Philippines, which signifies the healthy business ties between the two countries.
“Since 1988, we at The China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) have been enhancing international cooperation by establishing working mechanisms with foreign counterparts,” Zhang Yujing, president of CCME, said.
“We are looking forward to more years of fruitful business with you,” he added, indicating the business ties between China and the Philippines will go on despite the sea disputes.
More than 200 Chinese companies will exhibit their products at the event.
Among the products are agricultural machinery, building materials, commercial vehicle, consumer electronics, hardware, household appliances, industrial machinery, labor protection, power and electrical tools, energy and lighting, and water technology.