Wednesday, May 20, 2026
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28 Hangzhou companies explore PH investments

Twenty-eight companies from Hangzhou City, Zhejiang Province, China attended a business seminar jointly organized by the Philippine Economic Zone Authority (PEZA), Filinvest Development Corporation, and Anvil Business Club from Nov. 22 to 26, 2025.

The delegation included major enterprises such as Alibaba and Xiuzheng Pharmaceutical Group, along with other leading firms from the manufacturing, energy, and logistics sectors.

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During the event, the companies explored potential investment opportunities and business expansion plans in the Philippines.

More than 100 Chinese companies have established operations in PEZA-registered zones including PBCom Tower, Northgate Cyberzone, Filinvest Innovation Park, Filinvest Technology Park-Calamba and Filinvest Cebu Cyberzone, among others.

These Chinese enterprises have generated over 16,000 direct employment opportunities for Filipinos.

PEZA officials and business leaders expressed optimism that the visit would further strengthen economic ties between China and the Philippines and encourage more foreign investments in key growth sectors.

Earlier this year, delegates from PEZA and FilInvest Development Corp. went to Hangzhou city and visited the renowned Chinese companies.

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