Core Points - The article discusses the strengthening of economic ties between China and Cambodia, highlighting the establishment of the "Diamond Six Corners" cooperation framework and the "Industrial Development Corridor" and "Fish and Rice Corridor" initiatives, which aim to enhance Cambodia's industrialization and agricultural modernization [1][2][7] - China has been Cambodia's largest trading partner and source of investment for 13 consecutive years, with bilateral trade expected to grow by 20.7% in 2024 [1][12] - The article emphasizes the importance of the Belt and Road Initiative (BRI) for Cambodia's development, with the Cambodian government viewing it as a vital lifeline for infrastructure and economic growth [7][8] Economic Cooperation - The "Diamond Six Corners" cooperation framework is designed to deepen political trust, expand trade and investment, and enhance cultural exchanges between China and Cambodia [2][3] - Cambodia's "Five Corners Strategy" aims to elevate the country to high-income status by 2050, with a target of 7% annual economic growth and a reduction of poverty to below 10% [4] - In the first eight months of 2023, Cambodia approved 491 new investment projects, a 71% increase year-on-year, with a total investment amount of $7.2 billion, creating 340,000 new jobs [4] Trade Dynamics - The China-Cambodia Free Trade Agreement (FTA) has facilitated significant trade growth, with 2024 bilateral trade projected at $17.834 billion, a 20.3% increase [12][14] - Cambodia's agricultural sector is a key area of cooperation, with 16 types of agricultural products now eligible for export to China, including rice and mangoes [12][13] - The article notes that Cambodia's exports to the U.S. are heavily impacted by tariffs, particularly in the textile and footwear sectors, which has affected economic growth [5][6] Infrastructure Development - The "Dechong Funan Comprehensive Water Conservancy Project" is highlighted as a significant infrastructure initiative, expected to enhance logistics and economic benefits upon completion in 2028 [9][10] - The Sihanoukville Special Economic Zone is presented as a model of practical cooperation, housing 202 enterprises and creating 32,000 jobs, although it faces challenges in fully realizing its potential [15][16] - The article stresses the need for Cambodia to improve its internal dynamics, such as security and investment policies, to enhance its attractiveness to foreign investors [17] Future Outlook - The RCEP framework is seen as a mechanism to counter unilateralism and stabilize regional economies, with Cambodia encouraged to leverage it to diversify its export markets [6] - The article concludes with a call for Cambodia to maintain policy continuity and stability while enhancing its investment environment to ensure sustainable economic growth [17][18]
中国连续13年成柬最大贸易伙伴 中柬“钻石六边”合作硕果累累
2 1 Shi Ji Jing Ji Bao Dao·2025-09-23 23:12