Latest news with #China-Cambodia
The Star
27-05-2025
- Business
- The Star
China, Cambodia ready to expand trade cooperation, combat cross border crime
KUALA LUMPUR: (Bernama-Xinhua) Chinese Premier Li Qiang said here Tuesday (May 27) that China is ready to work with Cambodia to promote trade and investment liberalisation and facilitation, so as to further expand economic and trade cooperation, Xinhua reported. In his meeting with Cambodian Prime Minister Hun Manet, Li said that China is willing to strengthen cooperation with Cambodia in such areas as infrastructure, digital economy, advanced manufacturing, and clean energy. The Chinese premier arrived in Kuala Lumpur Monday to attend the Asean (the Association of Southeast Asian Nations)-China-GCC (the Gulf Cooperation Council) Summit. At the same meeting, Li also called on the two countries to respond to external uncertainties by jointly promoting their economic development and safeguarding their common interests via a China-Cambodia community with a shared future. On matters pertaining to cross-border crime, Li said that efforts by China and Cambodia to combat such activities have yielded positive results, and called on the two countries to take stronger and more effective measures to safeguard the safety and security of their peoples. - Bernama-Xinhua
Arabian Post
27-05-2025
- Business
- Arabian Post
Beijing and Phnom Penh Pledge Closer Ties Amid Global Volatility
Chinese Premier Li Qiang and Cambodian Prime Minister Hun Manet have reaffirmed their commitment to strengthening bilateral relations, emphasising the importance of a shared future in the face of global uncertainties. During their meeting in Kuala Lumpur on Tuesday, the leaders discussed strategies to bolster economic development and safeguard mutual interests. Premier Li highlighted the need for both nations to collaborate closely, particularly in promoting economic growth and addressing external challenges. He stressed the significance of building a China-Cambodia community with a shared future, aiming to provide stability and certainty amid international fluctuations. Prime Minister Hun Manet echoed these sentiments, expressing Cambodia's dedication to deepening ties with China. He reiterated support for the Belt and Road Initiative and other collaborative frameworks, underscoring the importance of joint efforts in infrastructure development, trade, and cultural exchanges. ADVERTISEMENT The meeting also saw discussions on expanding cooperation in emerging sectors such as green industries and the digital economy. Both leaders acknowledged the potential for these areas to contribute significantly to their countries' modernization and industrialization goals. In addition to economic collaboration, the leaders addressed regional security concerns. They agreed on the necessity of maintaining peace and stability in the region, with a focus on mutual support in international and regional affairs. The talks concluded with the signing of multiple bilateral cooperation documents, further solidifying the partnership between China and Cambodia. These agreements encompass various sectors, including infrastructure, energy, and cultural heritage restoration.
The Star
23-05-2025
- Business
- The Star
BRI-backed Industrial zone boosts economic growth, improves local livelihoods: Hun Manet
SIHANOUKVILLE, Cambodia: Cambodian Prime Minister Hun Manet (pic) said here on Thursday (May 22) that the Sihanoukville Special Economy Zone (SSEZ) has not only boosted the kingdom's trade and economic growth, but also improved local livelihoods. The 11-sq-km SSEZ, jointly ventured by Chinese and Cambodian companies, is a flagship project under China's Belt and Road Initiative (BRI). Hun Manet made the remarks during a ceremony to mark more than 200 enterprises investing in the SSEZ. He said investors from different countries, including China, Europe, the United States, South Korea, and South-East Asian countries, have established factories in the zone, generating about 32,000 direct jobs. "The successful operation of the SSEZ is a testament to the close cooperation between Cambodia and China under the BRI," he said. "The rapid development of Sihanoukville is a practical and undeniable evidence of the fruitful cooperation between Cambodia and China," the prime minister added. He said the SSEZ has injected and will continue to inject vigorous impetus into building the all-weather Cambodia-China community with a shared future in the new era. He thanked Chinese investors for having strong confidence in Cambodia's peace, security and political stability, saying that China is the top investor and largest trading partner of Cambodia. Meanwhile, Hun Manet reiterated Cambodia's staunch support for the one-China principle and China's global initiatives such as the BRI, the Global Development Initiative, the Global Security Initiative, and the Global Civilization Initiative. Established in 2008, the SSEZ, situated about 12km from the international deep-water Sihanoukville Autonomous Port, is home to multinational enterprises that manufacture clothes and textiles, luggage and leather goods, medical supplies, hardware and machinery, construction materials, home furniture, auto parts and car tires, and new materials, among others. According to the SSEZ operator, the value of imports and exports passing through the zone reached US$4.07 billion in 2024, a year-on-year increase of 21.3 per cent. Chinese Ambassador to Cambodia Wang Wenbin said the SSEZ could be called a "shining pearl" in building Cambodia's Industrial and Technological Corridor. "The SSEZ is not only a role model of China-Cambodia cooperation, but also a symbol of China-Cambodia friendship," he said. He added that the iron-clad friendship between China and Cambodia is unbreakable and has become a role model of interstate relations. Chan Sreyneang, a 29-year-old worker at a garment factory in the SSEZ, said she is happy with her job as it has provided her a steady income, and the atmosphere in the zone is also clean and green. "Here, there are a lot of factories that have created a lot of jobs for our workers. For me, I'm really excited and happy to work here," she told Xinhua. Sreyneang said she has worked at the zone for more than 10 years and likes her job very much because it is easy and has provided her with a decent wage that helps improve her family's livelihood. Hoeung Sophea, a 23-year-old worker at a garment factory in the SSEZ, said the zone has not only contributed to boosting Cambodia's economic growth, but also generated a lot of jobs for locals. "There are many factories here, so a lot of people have come to work here. With jobs, their living conditions have improved," she told Xinhua. Sophea, who has worked in the zone for nearly five years and earned a monthly wage of more than 300 dollars, said the SSEZ has helped lift her family out of poverty. "With my job here, my livelihood is much better than before," the mother of a child said. "Previously, I did not have a job, so I was broke, but now, I have a job, so I have money to support my family." Neak Chandarith, director of the Cambodia 21st Century Maritime Silk Road Research Center, said the SSEZ is situated near the international deep-sea port, which is very convenient for trade exchanges between Cambodia and the rest of the world. "The SSEZ, together with other flagship BRI projects, has been playing a crucial role in helping Cambodia achieve its ambitious goals of becoming an upper-middle income country by 2030 and a high-income nation by 2050," he said. - Xinhua.
The Star
22-05-2025
- Business
- The Star
Belt and Road Initiative-backed industrial zone in Cambodia celebrates entry of over 200 enterprises
SIHANOUKVILLE, (Cambodia): The Sihanoukville Special Economy Zone (SSEZ) here in southwestern Cambodia reached a milestone on Thursday (May 22) with more than 200 enterprises set up to operate in the zone. The 11-sq-km SSEZ, jointly ventured by Chinese and Cambodian companies, is a flagship project under China's Belt and Road Initiative (BRI). Speaking at the celebration ceremony, Cambodian Prime Minister Hun Manet said the SSEZ has not only boosted the kingdom's trade and economic growth, but also improved local livelihoods through creating about 32,000 direct jobs. "The successful operation of the SSEZ is a testament to the close cooperation between Cambodia and China under the BRI," he said. Hun Manet said he was delighted to see investors from different countries, including China, Europe, the United States, South Korea, and Southeast Asian countries, establishing factories in the SSEZ. "The rapid development of Sihanoukville is a practical and undeniable evidence of the fruitful cooperation between Cambodia and China," the prime minister said. Hun Manet said the SSEZ has injected and will continue to inject vigorous impetus into building the all-weather Cambodia-China community with a shared future in the new era. Chinese Ambassador to Cambodia Wang Wenbin said the SSEZ could be called a "shining pearl" in building Cambodia's Industrial and Technological Corridor. "The SSEZ is not only a role model of China-Cambodia cooperation, but also a symbol of China-Cambodia friendship," he said. He added that the iron-clad friendship between China and Cambodia is unbreakable and has become a role model of interstate relations. Established in 2008, the SSEZ, situated about 12 km from the international deep-water Sihanoukville Autonomous Port, is home to multinational enterprises that manufacture clothes and textiles, luggage and leather goods, medical supplies, hardware and machinery, construction materials, home furniture, auto parts and car tires, and new materials, among others. According to the SSEZ's latest report, the value of imports and exports passing through the zone reached US$4.07 billion in 2024, a year-on-year increase of 21.3 percent. - Xinhua
American Military News
13-05-2025
- Politics
- American Military News
Pics: China holds war games at new military base near South China Sea
The Chinese military is holding war game military exercises with Cambodia this month, following China's inauguration of a second overseas military base last month. According to Newsweek, Chinese military forces, including a landing capable of supporting amphibious warfare, have been deployed to a new base in Cambodia for a joint military exercise with Cambodia near the South China Sea. Newsweek reported that China officially inaugurated a military base in Cambodia last month as the country's second publicly acknowledged overseas base. According to the outlet, the joint logistics and training center, which is located in the southwestern region of Cambodia, is housed at Ream Naval Base. In a Friday press release, China's Ministry of National Defense announced, 'Chinese troops participating in the China-Cambodia Golden Dragon 2025 joint exercise held a departure ceremony at a military port in south China's Zhanjiang city on the afternoon of May 8.' 'Troops assigned to the Chinese PLA Army, Navy, Air Force and Joint Logistic Support Force assembled on the flight deck of the PLANS amphibious dock landing ship Changbaishan (Hull 989),' the press release added. 'After the ceremony, they set out for the exercise area in Cambodia through sea and air means.' READ MORE: US, Philippines hold 'full battle test' drills amid tension with China China's Ministry of National Defense explained that both the Chinese and Cambodian militaries are holding the Golden Dragon 2025 joint military exercise in Cambodia this month. Chinese officials noted that the joint military exercise will focus on humanitarian assistance and disaster relief operations and counter-terrorism operations. China's Ministry of National Defense added that this month's Golden Dragon joint military exercise is the 7th military exercise in the current series between the two countries' militaries. In a statement obtained by Newsweek, Senior Colonel Zhang Xiaogang, a spokesperson for the Chinese Defense Ministry, said, '[Exercise Golden Dragon 2025] will facilitate practical cooperation between the two sides and contribute to the building of a China-Cambodia all-weather community with a shared future for the new era.' Pictures of Chinese military troops arriving for a welcoming ceremony in Cambodia have been shared on X, formerly Twitter. On May 12, following days of maritime maneuvers, the Chinese troops participating in the China-Cambodia "Golden Dragon-2025" joint exercise arrived at Port Ream of Cambodia, where they met their Cambodian counterparts in a grand welcoming ceremony. #GoldenDragon2025… — ChinaNavy (@China_Navy) May 13, 2025
