Cambodian, Chinese entrepreneurs meet to seek business chances

The 2013 China’s Zhejiang and Cambodia matchmaking symposium was held here on Tuesday to seek opportunities to expand business ties between China and Cambodia. … Gong Zheng said the Chinese firms are doing businesses in the fields of agriculture, infrastructure development, construction and real estate, mineral resources, food and beverage, manufacturing industries and the visit to Cambodia was to explore opportunities to promote trade and investment ties between the two countries. He said the two-way trade between Zhejiang province and Cambodia was worth 460 million U.S. dollars last year, up 10 percent year-on-year. … According to a report of the Council for the Development of Cambodia, China is Cambodia’s largest investor. From 1994 to 2012, Cambodia had received 9.17 billion U.S. dollar investment from China. Meanwhile, Chinese Ambassador to Cambodia Pan Guangxue said that the bilateral trade volume between China and Cambodia valued at 2.9 billion U.S. dollars in 2012, up 16 percent year-on-year. …

http://news.xinhuanet.com/english/china/2013-03/05/c_132210667.htm