On the afternoon of July 2, Mr. Xu Jiancheng, Chairman of China Green Leaf Technology Group, and a group of more than ten people, accompanied by Mr. Xu Liang, Chairman of KHCN Investment and Development Co., Ltd., and Mr. KEN LO, Vice Chairman of The Cambodia China Friendship Collaboration Association (CCFCA) , visited H.E Chea Vuthy Secretary-General of the National Development Council of Cambodia, the meeting was aimed at understanding Cambodia’s investment opportunities and related policies. Ms. EAR Sophea, CEO of X Capital Investment Company, and others participated in this symposium.
Secretary-General H.E Chea Vuthy said at the symposium that Cambodia-China friendship has a long history, and China has always been at the forefront of Cambodia’s direct investment and tourist arrivals for many years. Even during the COVID-19 epidemic, the bilateral trade volume between Cambodia and China continued to grow against the trend, and the pace of Chinese investors investing in Cambodia has not slowed down. In order to attract international investment, the new government of the Kingdom of Cambodia has introduced a series of incentive measures. In addition, Cambodia already enjoys tax-free treatment such as the Cambodia-China Free Trade Agreement, the Cambodia-Korea Free Trade Agreement, and the Regional Comprehensive Economic Partnership Agreement (RCEPA), which will be more helpful. Chinese-funded enterprises sell their products in overseas markets.
At the same time, more than 40 special economic zones have been established across Cambodia, and there are many successful cases of Chinese-funded enterprises investing in special economic zones in Sihanoukville Province. These special zones and enterprises have enjoyed the benefits brought by the Royal Government’s policy to encourage foreign investment. Mr. Secretary-General also suggested that Chinese companies can position Cambodia as their overseas full industrial chain base, which will directly cover the ASEAN market with a population of 600 million.
Mr. Xu Jiancheng, Chairman of Green Leaf Technology Group, said that after listening to the speech by the leader of the Cambodian Development Council, he has become more confident in the investment plan in Cambodia, especially in the construction of special economic zones to produce the entire range of Green Leaf products in Cambodia and supply the local market. At the same time, it can expand the international market more effectively. Mr. Xu Jiancheng also said that based on the deep traditional friendship between Cambodia and China and the country’s peace and stability, the group has listed Cambodia as a preferred overseas investment country and has high hopes for the Cambodian market.
The host and guest also had in-depth exchanges on Cambodia’s investment environment, relevant preferential policies and other matters at the symposium. In addition, the Greenleaf delegation will also spend several days visiting Sihanoukville Province and related special zone enterprises to conduct on-the-spot inspections and gain a personal understanding of Cambodia’s investment environment.
It is worth mentioning that China Green Leaf Technology Group is a comprehensive high-tech group company with a full industry chain integrating technology research and development, intelligent manufacturing, independent brands, Internet marketing, chain sales platforms, and Green Leaf supermarkets. The group is located in Suzhou, China. National High-tech Zone. Green Leaf Supermarket is an offline sales terminal built by Green Leaf Technology Group, backed by Green Leaf International, three major domestic R&D centers and strong supply chain capabilities. Greenleaf Supermarket has successively launched Greenleaf, Greenleaf, Shinos Cosmetics, Powder Cosmetics, iLife Sanitary Napkins, iLife Laundry Detergent, Kalishi Personal Care, Net Respiratory Hygiene Products, Jiadeli Home Cleaning, Newitz Food, etc. There are more than 5,000 products in total.
