Premier Li Keqiang met with Pantaleon Alvarez, speaker of the House of Representatives of the Philippines, in Manila on Nov 15.

Premier Li said the long history of China-Philippines friendship, built by the two peoples, ensured bilateral relations despite some setbacks. He said he is confident that the two sides have the wisdom and ability to consolidate their friendship, and seek common ground while narrowing differences, to build a bright prospect for long-term China-Philippines friendship.

The Chinese and Philippine economies are highly complementary, which have a huge potential for cooperation, the Premier said. “As the Philippines is working to improve its infrastructure and people’s lives, China is willing to enhance capacity and financial cooperation with the Philippines.”

He expressed his hope that the House of Representatives of the Philippines can have more frequent exchanges with China.

Alvarez said Premier Li’s visit is significant for the Philippines-China ties and will solidify the two countries’ confidence in the prospects for their friendship, as it is the first visit by a Chinese premier in 10 years.

He said the Philippines is ready to enhance bilateral cooperation in interconnectivity, finance and innovation. He also appreciated China’s support of the Philippines in hosting the high-level meetings on East Asia cooperation, saying he is glad to play an active role in promoting China-ASEAN cooperation.