The Ministry of Commerce has been preparing for the establishment of five Cambodian private business centres in main cities of China in order to promote the sale of Cambodian products in the Chinese market.
The centres have been planned for five locations in China: Changchun, Harbin, Nanjing, Taiyuan and Zhengzhou.
H.E. Pan Sorasak, Minister of Commerce, said the Cambodian private business centres will further promote and drive sales of Cambodian products on the Chinese market.
The ministry is highly committed to driving the growth of the trade sector by turning challenges into opportunities through in-depth reforms in all areas, reducing costs and strengthening the competitiveness of Cambodia’s exports to various markets and creating a favourable environment for doing business and investing in Cambodia, he said.
The ministry has contributed to the growth of exports with existing preferential markets and additional market diversification, such as negotiations for the establishment of bilateral and multilateral free trade zones with trade partners, expand the market for goods, services and investment, he added.
The Ministry of Commerce established and officially inaugurated the Cambodian Private Business Centre in Atsugi, Kanagawa Prefecture, Japan in March 2022 for the permanent display and sale of Cambodian products.
The trade volume between Cambodia and China reached US$11,686 million in 2022, an increase of 4 percent, of which Cambodia exported a total of US$1,241 million worth of goods to China.
