The bilateral FTA also impeccably responds to Cambodia's policy directions sketched in the Industrial Development Policy and the "Rectangular Strategy," the minister added.
He added that as the world's economic powerhouse, China has a number of advantages ranging from raw materials, productivity, labor, infrastructure, economic diversification to education, among others.
"In light of Washington's trade concerns, China put into effect at the beginning of 2020 a new Foreign Investment Law that gives foreign companies greater access to the Chinese market, and offers greater guarantees in intellectual property protection," he said.
Anyone who tries to start a so-called "new Cold War" in the 21st century will be on the wrong side of history and will only be remembered as the one who has upended international cooperation, Wang said.
He said when China was severely hit by the pandemic in early 2020, Cambodian Prime Minister Samdech Techo Hun Sen made a special visit to Beijing to show support in fighting the virus, and showed his confidence and trust on China's ability to cope with crisis.
Chinese State Councilor and Foreign Minister Wang Yi has recently affirmed that China rejects any attempt to create a so-called "new Cold War," said Professor David Castrillon of Externado University in Colombia's capital Bogota.
At a time when international cooperation is needed to fight a common enemy such as the COVID-19 pandemic, Trump's hostility is globally damaging and in stark contrast to China's willingness to promote collaboration for the greater good, said Castrillon.
China never intends to and will never interfere in U.S. elections or other U.S. internal affairs. Likewise, the United States must abandon its fantasy of remodeling China to U.S. needs. It must stop its meddling in China's internal affairs, and stop its irrational cracking down on China's legitimate rights and interests, he said.
In particular, Li said, the Chinese and Sri Lankan governments and people have been looking out for each other and sharing weal and woe in the joint combat against the COVID-19 pandemic, which has consolidated and elevated their friendship.
Policymakers have to determine what they really want, said Ni, adding that if they want a constructive result, they cannot use a destructive approach. Enditem
The gross interference in Hong Kong affairs, be it in words or action, can only undermine the sound implementation of the policy of "one country, two systems" and will meet with the firm rejection from all the Chinese people, including the people of Hong Kong, he said. Enditem