Logo of Phnom Penh Post newspaper Phnom Penh Post - Chinese province seeks closer Asean region ties

Chinese province seeks closer Asean region ties

Content image - Phnom Penh Post
Asean-based journalists attend the opening ceremony for the ‘Asean 10 Nations Mainstream Media’ junket in Anhui, China. Photo Supplied

Chinese province seeks closer Asean region ties

Bilateral trade between China’s Anhui province and the 10 member states of Asean reached $2.05 billion in the first four months – up 24 percent compared with the same period last year, according to figures from the Chinese province.

Zheng Mingwu, the chief information director of Anhui, said this when speaking at the launching ceremony of the “Asean 10 Nations Mainstream Media and China’s Central Leading Overseas-targeted Media: Touring Anhui” media junket in Hefei, the capital of China’s Anhui province.

He said trade will only increase as China continues to push its chief economic-connectivity strategy.

“With the vigorous implementation of the Belt and Road Initiative, the relationship between Anhui and Asean has become increasingly co-beneficial”, he said.

Trade between Asean and Anhui at $5.95 billion last year, an increase of 18 percent from 2016. There are 91 Chinese enterprises from Anhui operating in Asean countries, with a total investment of $390 million.

Foreign direct investment from Asean investor countries totalled $720 million last year, an increase of 7.5 percent from 2016, according to the figures provided.

Vithit Powattanasuk, director of Information and Public Relations, Asean-China Center, which is an inter-organisation co-founded by 10 Asean member states and China, said, with their geographical proximity and cultural affinity, Asean and China are “good neighbours and partners”.

MOST VIEWED

  • ‘Education’ a priority traffic-law penalty

    A top National Police official on June 21 neither rejected nor confirmed the authenticity of a leaked audio message, which has gone viral on social media, on a waiver of fines for a number of road traffic-related offences. General Him Yan, deputy National Police chief in

  • Siem Reap’s $18M zoo said to educate public, help wildlife

    Angkor Wildlife and Aquarium Co Ltd has invested $18 million in a zoo in Siem Reap province, which will be opened in October to educate and promote animal conservation as well as attract national and international tourists. Currently, the Angkor Wildlife and Aquarium is building the

  • Volunteer scheme to foster ‘virtuous’ humanitarian spirit

    A senior education official said volunteer work contributes to solidarity and promotes a virtuous humanitarian spirit among the youth and communities. Serei Chumneas, undersecretary of state at the Ministry of Education, Youth and Sport, made the comment during the opening of a training programme called “

  • Chinese firms unveil preliminary results on metro, monorail for capital

    Minister of Public Works and Transport Sun Chanthol and representatives from China Road and Bridge Corp (CRBC) and its parent company, the state-owned China Communications Construction Co Ltd (CCCC), met on June 24 for talks on results of the firms’ preliminary study on a potential metro

  • Nestle’s debut may spur dairy market

    Leading confectionery manufacturer Nestle plans to invest in Cambodia by setting up an operation in the near future, a move majorly hailed by local dairy farmers as a means of boosting the fresh milk market in the Kingdom. During a visit by a delegation led

  • ACLEDA, WU to enable global money transfers

    Cambodia's largest commercial bank by total assets ACLEDA Bank Plc and global money transfer firm Western Union (WU) have partnered to offer customers cross-border money transfers to 200 countries via “ACLEDA mobile” app. In Channy, president and group managing director of ACLEDA, said the June 22 agreement