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    Economy

    China to enhance trade, investment cooperation with Cambodia and Vietnam

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    2018-10-19 09:14:58CGTN Editor : Gu Liping ECNS App Download

    China vowed to expand cooperation in areas including trade and investment with Vietnam and Cambodia, Chinese Premier Li Keqiang said on Thursday.

    Li made his remarks when meeting with Cambodian Prime Minister Samdech Techo Hun Sen and Vietnamese Prime Minister Nguyen Xuan Phuc respectively on the sidelines of the 12th Asia-Europe Meeting (ASEM) Summit.

    Chinese premier is in Brussels for a working visit to Belgium and the 12th Asia-Europe Meeting (ASEM) Summit.

    China-Cambodia ties

    China is ready to continue consolidating traditional friendship with Cambodia and deepening cooperation with the country in various areas, so as to bring more real benefits to the people of both countries, Li told Hun Sen.

    China will, as always, support the Cambodian people in following a development path in line with their national conditions, and support Cambodia's efforts to maintain stability, develop the economy and improve people's livelihood, Li said.

    The premier called upon the two countries to enhance the synergy of their development strategies and expand bilateral trade.

    China is willing to continue importing Cambodia's competitive agricultural products, and encourage competent Chinese companies to make investments in Cambodia, so as to achieve win-win results, he said.

    The premier also expressed China's support for Cambodia in hosting the next ASEM summit.

    For his part, Hun Sen said Li's visit to Cambodia and co-chairing of the Lancang-Mekong Cooperation (LMC) leaders' meeting earlier this year had injected new impetus into Cambodia-China relations and the LMC.

    Cambodia is willing to work with China to firmly support each other and enhance coordination in international and regional affairs, said Hun Sen.

    The prime minister said his country is also willing to expand practical cooperation with China in economy, trade and agriculture, adding that Chinese companies are welcome to make investments in Cambodia.

    With regard to the next ASEM summit, Hun Sen said Cambodia will enhance communication and coordination with China.??

    China-Vietnam ties

    Citing the fact that China and Vietnam share natural and unique advantages in cooperation, Li told Vietnamese prime minister that China stands ready to work with Vietnam, on the basis of implementing top-level consensus, to promote production capacity cooperation that meets environmental standards and benefits Vietnam's industrialization process.

    The two countries, Li suggested, should expand bilateral trade in a balanced and sustainable way, promote bilateral friendship and communication at all levels, and cement public support for their relations.

    The two sides also need to bear the big picture in mind, properly handle the maritime issues and jointly safeguard the peace and stability in the South China Sea as well as in the region, Li added.

    This year marks the 10th anniversary of the China-Vietnam comprehensive strategic cooperative partnership, Li said, adding that the two countries are friendly neighbors and partners for win-win cooperation, and China will work with Vietnam to further deepen their ties and cooperation.

    Vietnam and China are good brothers and comprehensive strategic cooperative partners, said the Vietnamese prime minister, highlighting the close high-level exchanges between the two countries in various forms.

    He said that his country will work together with China to implement the consensus reached by leaders of the two countries and the two parties, keep the balanced growth of bilateral trade, and facilitate free trade between Vietnam and China.

    Chinese enterprises are welcome to build industrial parks in Vietnam, he said, expressing the hope that the two countries will expand cooperation in such fields as production capacity, green energy, transportation, agriculture and tourism.

    Vietnam, he added, will work with China to maintain maritime peace and stability and consolidate the good momentum in the development of bilateral ties.

    Source(s): Xinhua News Agency

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