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"China can provide Canada with low-cost products for the manufacturing sector in return," he added. "China's outbound investment has been increasing rapidly. If its investment in Canada is also on the rise, it will help to boost the local economy.

"China has made rapid progress in a relatively short period of time," Anutin said after attending the opening ceremony of the exhibition "Qin Shi Huang, The First Emperor of China and Terracotta Warriors" held in Bangkok last week.

"CIIE is a messenger who can bring China and Cambodia governments together to jointly develop policies, bylaws and procurement plans, which encourage businessmen, traders and investors to get involved in creating more benefits and economic growth for both countries," he said.

"China is today, has been and will be extremely important for the future of the semiconductor industry," said Jimmy Goodrich, vice-president of global policy at the Semiconductor Industry Association.

"Certainly the best outcome would be an agreement for complete and total denuclearization," she said, "but this is the beginning part of these conversations ... And we've been pretty upfront about that."