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Economic globalization, represented by trade and investment liberalization and facilitation, has been a strong driving force behind fast global growth in past decades. Yet, this is not to say that there exists any panacea in the world. Frankly, economic globalization has taken its toll on some industries and communities in certain countries to certain extent. Active measures need to be taken to address the problem, but it is always important to keep in mind the bigger picture instead of keeping one' s eyes on the narrow interests only. Economic globalization is a general trend that is in line with the long-term and fundamental interests of all countries. Countries need to stand firm to oppose protectionism of any form, and need to be resolute in upholding the free trade regime represented by the WTO. This is a way to enable sustained and sound economic growth for all countries through win-win and all-win development.
He also lauded China's role in promoting peace and strengthening development and partnership at regional and continental levels, the statement said.
According to the article, Xi highly values China-Cambodia friendly exchanges, which date back to more than a millennium until the two countries established diplomatic ties in 1958. He said over the past 58 years, successive leaders of both countries have maintained close interactions and developed a close bond of friendship.
China-LAC trade volume rose more than twentyfold during the past decade to reach 236.5 billion U.S. dollars in 2015.
Hailing Xinhua, Ahmed Saad Al Buainain said the two news agencies have a long history of cooperation. He said Qatar News Agency will increase exchanges with the Chinese newswire.