2016年CRI Chinese entrepreneurs seek business opportunities in Cambodia

 

The latest economic stats show China has been Cambodia's largest trading partner for the last 3-years, as well as its largest foreign investor¹.

Numerous Chinese companies have been making their way into the Cambodian market for various reasons, including its popularity among holiday makers² around the world.

As such, Chinese airlines are among those who have been taking advantage.

China Southern now runs direct routes from its hub in Guangzhou to Cambodia's capital Phnom Penh, as well as the popular tourist city of Siem Reap.

Zheng Yuanning runs China's Southern's Cambodian offices. He's been working in the country for the last 5-years.

"We are optimistic about the market, which is already viewed as a comparatively optimal³ market among all southeast Asian countries. It already has a large growth in business travelers. Beyond this, China and Cambodia maintain extremely close diplomatic ties, which is also very helpful in creating business opportunities. "

China Southern already has plans to offer additional flights into Phnom Penh.

Chinese government stats show that through the first half of the year, 450-thousand Chinese travelers visited Cambodia, a 12 percent increase from last year.

Another growth area for Chinese business is the coastal⁴ city of Sihanoukville, which is home to Cambodia's largest port.

It's also home to a special economic zone established for Chinese businesses.

It was established with investment from China's Hongdou Group.

Hongdou's Cambodia Director, Chen Jiangang, says since being launched 8-years ago, the Special Economic Zone in Sihanoukville has attracted hundreds of Chinese companies and created some 16-thousand jobs, many of them in the production and services sectors⁵.

"Cambodia is experiencing a transformation⁶ from an agriculturally-dominated country to an industrialized one. A number of excellent companies from China have come here, bringing with them their technical prowess, which will help Cambodia develop. Cambodia also has an abundance of labour, land and space, which provide us with a lot of opportunities for potential growth."

Local Cambodian observers often point to Chinese investment as one of the factors which have managed to stabilize⁷ growth in the country.

Tuan Sarath the director of Cambodian National Radio.

"As more and more Chinese investors⁸ come to Cambodia, the local economy has seen steady growth, especially in sectors such as mining, road building and clothing, which offer quite a lot of job opportunities for local residents. The construction of roads and bridges is also beneficial for people's livelihood⁹ here. And hopefully with better cooperation, we will see more improvements in the future."

On top of expanding business opportunities, the Chinese government has also helped Cambodia maintain its cultural heritage as well.

1 investor   

n.投资者，投资人

参考例句：

• My nephew is a cautious investor.我侄子是个小心谨慎的投资者。
• The investor believes that his investment will pay off handsomely soon.这个投资者相信他的投资不久会有相当大的收益。

2 makers   

n.制造者，制造商（maker的复数形式）

参考例句：

• The makers of the product assured us that there had been no sacrifice of quality. 这一产品的制造商向我们保证说他们没有牺牲质量。
• The makers are about to launch out a new product. 制造商们马上要生产一种新产品。 来自《简明英汉词典》

3 optimal   

adj.最适宜的；最理想的；最令人满意的

参考例句：

• What is the optimal mix of private and public property rights in natural resources?私人和国家的自然资源产权的最适宜的组合是什么？
• Optimal path planning is a key link for the sailing contest.帆船最优行驶路径规划是帆船比赛取胜的关键环节。

4 coastal   

adj.海岸的，沿海的，沿岸的

参考例句：

• The ocean waves are slowly eating away the coastal rocks.大海的波浪慢慢地侵蚀着岸边的岩石。
• This country will fortify the coastal areas.该国将加强沿海地区的防御。

5 sectors   

n.部门( sector的名词复数 )；领域；防御地区；扇形

参考例句：

• Berlin was divided into four sectors after the war. 战后柏林分成了4 个区。 来自《简明英汉词典》
• Industry and agriculture are the two important sectors of the national economy. 工业和农业是国民经济的两个重要部门。 来自《现代汉英综合大词典》

6 transformation   

n.变化；改造；转变

参考例句：

• Going to college brought about a dramatic transformation in her outlook.上大学使她的观念发生了巨大的变化。
• He was struggling to make the transformation from single man to responsible husband.他正在努力使自己由单身汉变为可靠的丈夫。

7 stabilize   

vt.（使）稳定，使稳固，使稳定平衡；vi.稳定

参考例句：

• They are eager to stabilize currencies.他们急于稳定货币。
• His blood pressure tended to stabilize.他的血压趋向稳定。

8 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

9 livelihood   

n.生计，谋生之道

参考例句：

• Appropriate arrangements will be made for their work and livelihood.他们的工作和生活会得到妥善安排。
• My father gained a bare livelihood of family by his own hands.父亲靠自己的双手勉强维持家计。