Chinese President Xi Jinping reaffirmed Beijing's commitment to deepening strategic partnerships with Southeast Asian nations during a high-profile cooperation document exchange ceremony with Cambodia on Thursday. The event, held in Beijing, marks a milestone in bilateral relations focused on infrastructure development, agricultural partnerships, and green energy initiatives.
Analysts highlight the growing role of Cambodia as a key ASEAN partner for the Chinese mainland, with trade between the two nations growing 12% year-on-year in 2024. The newly signed agreements include technology transfers for sustainable farming practices and joint ventures in renewable energy projects across the Mekong region.
Cambodian officials praised the collaboration as essential for regional stability and economic growth, particularly through the China-proposed Belt and Road Initiative. The partnership also addresses supply chain diversification priorities for global investors seeking ASEAN market opportunities.
This development comes as Asian economies increasingly position themselves as hubs for climate-conscious infrastructure projects. Academics note the agreements align with broader trends of South-South cooperation, offering potential models for technology sharing in developing regions.
