Enhanced dialogue helps chart route to even brighter China-Cambodia future

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The Special Economic Zone located in Sihanoukville. SUPPLIED

China and Cambodia continue to energise their economic engagements by enhancing dialogue, both at the government level and with two-track diplomacy.

China’s Ambassador Extraordinary and Plenipotentiary to Cambodia HE Wang Wentian said that China and Cambodia are currently at important stages of development.

“We are willing to work with all peace-loving countries and people, including Cambodia, to pursue peace and harmony, hold high the banner of development and cooperation, and build a community with a shared future for mankind,” Wang said.

China experts, trade analysts and media from both sides have been debating ways to enhance cooperation between both the economies and the directions trade ties are heading.

The China-Cambodia Economic and Trade Cooperation Forum on July 23 was hosted by Economic Daily and co-organised by the Chinese Institute of Economic Trends and Cambodia’s Asian Vision Institute.

Chinese and Cambodian experts held talks at the forum on topics such as “China-Cambodia development strategy alignment”; “Opportunities for China-Cambodia economic and trade cooperation”; and “Prospects for China-Cambodia digital economic cooperation” to discuss new opportunities and developments in China-Cambodia economic and trade cooperation.

Economic Daily president and editor-in-chief Zheng Qingdong said that as an important public opinion platform for the Chinese Communist Party and the Chinese government to guide national economic work, Economic Daily has more than 10 directly affiliated newspapers and magazines with a daily reading volume of over 100 million through various information dissemination channels.

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Cambodian mangoes are a popular export to China. SUPPLIED

“[Economic Daily] is an important window for understanding Chinese economic trends. We are willing to serve as a bridge for China and Cambodia to exchange ideas, gather wisdom and seek common ground to contribute to the economic and trade cooperation and development between China and Cambodia,” Zheng said.

Chairman of the board of directors of the Asian Vision Institute Dr Sok Siphana said the Chinese government donating Covid-19 vaccines for the smooth implementation of the vaccination programme in Cambodia highlighted the strong ties between the two nations.

“This demonstrated the deep friendship between Cambodia and China at such a critical moment. In the future, we must strengthen the economic cooperation between the two countries, and work together to get out of the impact of the epidemic as soon as possible,” Siphana said.

President of the Asian Vision Institute Dr Chheang Vannarith said investment and trade cooperation between Cambodia and China had developed vigorously over the past two decades.

China has been Cambodia’s largest trading partner, the largest source of foreign direct investment and foreign aid for many years. Economic Daily