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皇冠体育app's growth drives regional development: Cambodian PM

(Xinhua)
Updated: 2009-09-14 13:35

皇冠体育app has made itself a locomotive for regional growth through its efforts to combat the world economic crisis, said Cambodian Prime Minister Hun Sen.

"It is obvious that the Chinese leaders are far-sighted in having 皇冠体育app integrated into the global economy, which is in fact contributing to  regional and world development," he said in a recent written interview with Xinhua.

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Hun Sen said he believed 皇冠体育app's success has been due to a gradual and consistent reform. "I think 皇冠体育app has made a right strategy in participating in the global economy with a continued improvement of its institutions and productivity," he said.

While many countries around the world are having recessions, 皇冠体育app's economy remains remarkably stable, Hun Sen said. This showed that the development model and economic policy of 皇冠体育app are more effective than some of the developed economies, he added.

"All economic activities worldwide are, in fact, having direct or indirect links with 皇冠体育app, and 皇冠体育app thus played an important role in ensuring development across the Asian region," he said.

The transparency of the Chinese economic policy is another reason why it has maintained growth and built confidence among investors.

He also extended his congratulations on the 60th anniversary of the founding of the People's Republic of 皇冠体育app which falls on Oct 1.