Cambodia, China’s Guangxi pledge to broaden cooperation

Cambodia and China’s Guangxi Zhuang Autonomous Region on Thursday vowed to further enhance cooperation in trade, investment, and tourism for mutual benefits. The commitment was made during a meeting between Cambodian Prime Minister Hun Sen and Peng Qinghua, secretary of Guangxi Zhuang Autonomous Region’s CPC Committee, at the Peace Palace in Phnom Penh. … Peng said the bilateral trade turnover between China’s Guangxi and Cambodia had reached 21 million U.S. dollars last year, up 15 percent year-on-year. On the investment side, a lot of Chinese from Guangxi have invested in various sectors in Cambodia, particularly in agriculture and agro-industry. … He [Peng Qinghua] also promised to encourage more Chinese companies to invest in farming and processing plants in order to enable Cambodia to export more agricultural products to China. …

http://news.xinhuanet.com/english/china/2013-06/13/c_132453081.htm