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The Minister of Commerce of Cambodia also wrote an article praising China, the world’s economic recovery cannot do without China

The development of the global economy is inextricably linked to every country. As a large country, China's rapid economic development is bound to affect the global economic structure. If the world economy wants to recover in the context of the epidemic, it is bound to be inseparable from China. 

On July 20th, China and Cambodia successfully completed the negotiation of a bilateral free trade agreement. It is reported that the Cambodia-China Free Trade Agreement has brought closer economic cooperation between the two countries and will greatly promote the economic development of both parties. . The Minister of Commerce of Cambodia also wrote an article praising China, and the world's economic recovery cannot do without China.

China-Cambodia Free Trade Agreement was officially signed

When China and Cambodia sign a free trade agreement, on the one hand, Cambodia will have more relaxed and more favorable terms of trade, and more products from Cambodia will have the opportunity to enter the Chinese market smoothly, enriching the diversity of the Chinese market. It has also greatly improved Cambodia's economy. On the other hand, this agreement allows the international community to see the steel-like friendship between the two countries to a certain extent, and the two countries develop together for mutual benefit and win-win results.

China and Cambodia are "hardcore brothers". As the world's second largest economy, China has great advantages in raw materials, infrastructure, technology, education and other fields. The reason why China's economy can develop steadily is because With solid confidence, Cambodia also believes that the cooperation between the two countries will promote the development of the domestic economy. Cambodia has been actively learning from China's economic construction, and it will certainly benefit a lot from this cooperation.

China's economy affects the world economic development pattern

It is reported that China has promoted the “Belt and Road” in terms of infrastructure construction, international trade and tourism. Many countries, including Cambodia, have received help from my country. my country has helped Cambodia build the Sihanoukville Special Economic Zone and The Phnom Penh-Westport Expressway has helped Cambodia attract more foreign investment and strengthened its domestic transportation capacity. This has greatly improved Cambodia's economic development, and the "Belt and Road" cooperation has also benefited more neighboring countries.

During the new crown pneumonia epidemic, China not only responded to the domestic epidemic, but also actively participated in the fight against the global epidemic. For countries that have affected economic development due to the epidemic, my country is also constantly working to promote the stability of the regional and global industrial chain supply chain and guarantee With unimpeded trade, we hope to further improve the economic impact of the epidemic.

In this regard, Cambodia appreciates our country’s efforts. What is certain is that China’s efforts are indispensable for the recovery of the world economy. my country does not support trade protectionism and unilateralism, and hopes to expand the multilateral trading system and benefit more countries.

Part of the news reference: People's Daily

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