A Bright Future for China in Corporation with Vietnam,Laos and Cambodia

As good neighbors of China, Vietnam, Laos and Cambodia play important roles in China's diplomacy. In recent years, the relations between China and these three countries have developed rapidly. Leaders frequently conduct visits, cooperation in various fields are advancing, economic and trade ties grow stably, and trade volumes keep on increasing annually. According to the statistics of China's Customs, in 2003, the total trade volume between China and the three countries reached US$5.064 billion (Sino-Vietnam US$4.634 billion, Sino-Laos US$110 million and Sino-Cambodia US$320 million), about 40.5% higher than the previous year, among which China's export reached US$3.572 billion and import US$1.492 billion.