He said while US enterprises complained it was unfair that Chinese companies were getting support from the government, their Chinese counterparts said the playing field is not level in the first place since US-based multinationals boast first-mover advantages such as global supply chains, industrial lines, advanced experience and expertise, and the US dollar as the international reserve currency.
He said the Philippines is willing to properly handle maritime issues through bilateral channels in accordance with consensus reached by the two sides.
He was also found to have seriously violated the CPC eight-point code on frugality and maintaining close ties with the masses. He sought pomp, ostentation and privileges, according to the statement.
He was also impressed by China's strong commitment to resource conservation and environmental protection.
He said the two countries need to carefully maintain the political foundation for their relations. The China-Japan relationship is improving, though many complicated and sensitive issues remain, he said.
He says the Chinese put a great emphasis on their work ethic and discipline and he would love to see these replicated in Kenya.
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He said the government acquisition price is a preferential policy to ensure basic profits of farmers in major production areas, which also plays an important role of maintaining stable grain production.
He took an ongoing AI-based project on malfunctioning genes for example. Researchers, by using AI learning, found there's a deep association between some malfunctioning genes and the risk of prematurity in some areas in Africa, where about 20,000 women living in those areas have no selenium in their diet.
He stressed the importance of addressing structural issues in the international debt architecture, to prevent defaults leading to prolonged financial and economic crises.
He said the ministry is currently working with other government branches such as the General Administration of Customs and the Ministry of Finance to discuss details of tax incentives, as well as favorable policies for the research and development of pharmaceutical business in bonded areas, and the new optimization policies will be soon introduced.