SENATE President Aquilino “Koko” Pimentel III has known as on the nation’s financial managers to examine on the event model of Fujian Province in China.
Pimentel was in Fuzhou, Fujian, China on Thursday for the BRICS Political Parties, Think-tanks, and Civil Society Organizations Forum 2017 the place he shared his imaginative and prescient for the Philippines’ financial growth.
“I am very impressed with Fujian. They are not at the center of the country politically or economically, but they still managed to do very well”, Pimentel stated.
Pimentel stated, “I think that we should look closely at how they were able to develop their economy despite their distance from the capital Beijing, while at the same remaining environment-friendly.”
He identified that not solely does Fujian present a path in the direction of sustainable growth, it additionally demonstrates what the totally different areas within the Philippines can obtain below Federalism.
Pimentel additionally represented the ruling occasion PDP-Laban (Partido Demokratiko Pilipino-Laban) within the stated discussion board in Fujian, a province of China. Most Filipinos of Chinese descent can hint their ancestry to this province.
The discussion board, organized by BRICS, an affiliation of the rising economies of Brazil, Russia, India, China, and South Africa, is supposed to institutionalize hyperlinks amongst political events, think-tanks, and civil society organizations from rising economies to deal with widespread issues.
With the theme, “Pooling Wisdom and Efforts Towards Common Development and a Brighter Future,” the discussion board introduced PDP-Laban involved with main political organizations worldwide, together with the Communist Party of China and United Russia.