This undated photo shows Chinese-built Cambodia's largest hydropower project, 400-megawatt Lower Sesan II hydropower dam in Cambodia. (PHOTO / XINHUA)

BEIJING - Economic and trade cooperation between China and Cambodia has yielded fruitful results in recent years, the Ministry of Commerce said on Thursday.

China has continued to be Cambodia's largest trading partner for 11 consecutive years, said Shu Jueting, a spokeswoman for the ministry, adding that trade volume between the two countries hit a record high again in 2022, expanding 17.5 percent year-on-year to $16.02 billion.

Since the China-Cambodia free trade agreement and the Regional Comprehensive Economic Partnership came into effect in January last year, the liberalization and facilitation of trade and investment between both countries have been strengthened, said Shu Jueting, a spokeswoman for the Ministry of Commerce

Since the China-Cambodia free trade agreement and the Regional Comprehensive Economic Partnership came into effect in January last year, the liberalization and facilitation of trade and investment between both countries have been strengthened, Shu said.

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China-Cambodia practical cooperation is advancing steadily, covering a wide range of areas such as infrastructure, textile and garment, processing and manufacturing, and agriculture, Shu said.

By the end of 2022, Chinese enterprises had invested more than $10 billion in Cambodia, she added.

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Noting that this year marks the 65th anniversary of the establishment of diplomatic ties between the two countries and also the China-Cambodia Friendship Year, Shu pledged to work with relevant government departments in Cambodia and push the bilateral trade and economic relations to a new level.