Cambodia-China trade volume reaches 4.8 bln USD last year: PM

Source: Xinhua| 2017-04-11 16:04:26|Editor: Zhang Dongmiao
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PHNOM PENH, April 11 (Xinhua) -- Trade volume between Cambodia and China was valued at 4.8 billion U.S. dollars in 2016, Cambodian Prime Minister Samdech Techo Hun Sen said on Tuesday.

Cambodia's export to China reached more than 830 million U.S. dollars, as its import from China was over 3.9 billion U.S. dollars last year, he said during the release ceremony of the Cambodian edition of the book "Xi Jinping: The Governance of China."

"The Cambodia-China trade volume has rapidly increased -- averagely 26 percent per year -- in the last ten years," the prime minister said, attributing the high growth to good relations and cooperation between the two countries.

Main items the Southeast Asian nation exported to China are milled rice, dry rubber, cassava, fishery, and apparels, as it imported from China mostly garment raw materials, machinery, vehicles, foodstuffs, electronics, medicines and cosmetics.

Meanwhile, Hun Sen said that under the Belt and Road Initiative, Cambodia and China would increase their bilateral cooperation in a number of sectors aiming to further boost economics, trade, investment, and tourism.