PH pushes for market diversification at RCEP symposium in Beijing
BEIJING, CHINA — The Department of Trade and Industry (DTI), through the Philippine Trade and Investment Center in Beijing (PTIC-Beijing), participated in the Regional Comprehensive Economic Partnership (RCEP) Economic and Trade Cooperation Symposium held on 15 August 2025 in Beijing, China. The event, organized by the RCEP Industry Cooperation Committee (RICC), brought together representatives from across the region—including Australia, Brunei, Indonesia, Malaysia, Vietnam, and Japan—to explore ways to deepen regional and industrial integration under the RCEP framework.
During the symposium, PTIC-Beijing Commercial Counselor Glenn Peñaranda shared updates on the Philippines’ growing trade and investment ties with RCEP member economies. Data from January to May 2025 showed a notable increase in Philippine exports to China, Japan, Australia, and ASEAN, alongside rising investments from South Korea, China, and Japan.
Commercial Counsellor Peñaranda also emphasized the Philippines’ interest in expanding cooperation in services, a key area covered by the RCEP Agreement. This will be further promoted at the upcoming China International Fair for Trade in Services (CIFTIS) in September, to be held at Shougang Park in Beijing.
The Philippines brings strong capabilities in Information Technology and Business Process Management (IT-BPM), including contact centers, global shared services, health information management, games and animation, and software development. The country also offers award-winning tourism destinations and reputable institutions for education and English as a Second Language (ESL) services. Investment opportunities in digital infrastructure, data centers, and tourism facilities will be actively promoted as well at CIFTIS.
RICC, established in 2021 and based in Beijing, serves as a platform for business communities and key enterprises from all 15 RCEP member countries to collaborate on industry, trade, and investment initiatives.
PTIC-Beijing remains dedicated to promoting Philippine trade and investment interests, advancing regional integration, and unlocking new opportunities in both goods and services.
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Date of Release: 01 September 2025
![[IN PHOTO (from left to right): Ms. Ariane Monique Balaoing, PDCB; Exec. Dir. Doris U. Gacho, PODCB; Engr. Juvan V. Matuguinas, Davao City EO; Engr. Osler Ryan Imboy, Davao del Norte Provincial EO; Engr. Arch-Deo Naluan, Davao City EO; Engr. Chona Arocha, Davao City EO; Engr. Manuel D. Cellona, Davao City EO; Mr. Giovann Mikhael C. dela Rosa, PDCB; Engr. Ruel Dumadag, Davao Oriental PEO and Engr. Francis Erl Bahandi, Davao Oriental PEO]](https://dti-stg.beesites.net/wp-content/uploads/2025/09/PDCB-holds-dialogue-with-Davao-LGUs-and-learning-session-with-contractors-at-PHILCONSTRUCT-Mindanao-2025-300x120.jpg)
