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Cambodian Prime Minister Samdech Techo Hun Sen on Friday encouraged more Chinese investors to invest in Cambodia, saying that their investment would contribute to developing the economy and reducing poverty, a senior official said.

Hun Sen made the remarks during a meeting with a group of 47 Chinese business executives led by Jiang Zengwei, chairman of the China Council for the Promotion of International Trade (CCPIT).

"The prime minister briefed the delegation about investment potential, peace, stability and security in Cambodia," Kao Kim Hourn, minister attached to the prime minister, told reporters after the meeting.

"He also informed the delegation that Cambodia had focused on the development of four sectors - transport infrastructure, water, energy and human resources - and encouraged them to invest in these sectors."

During the meeting, Hun Sen also highly valued the Cambodia-China relations, saying the ties currently reached new heights in all fields, particularly in politics, economics, trade and investment.

For his part, Jiang lauded Cambodia's development and promised to help attract more Chinese investors to Cambodia.

Earlier in the day, Jiang signed a Memorandum of Understanding with Kith Meng, president of the Cambodia Chamber of Commerce, in order to contribute further to promoting trade and investment ties between the two countries.

According to the Chinese statistics, the two-way trade volume between China and Cambodia reached 2.34 billion U.S. dollars in the first half of 2016, up 10.2 percent year-on-year.

On the investment side, China is the largest investor in Cambodia with cumulative investment of about 14 billion U.S. dollars from 1994 to March 2016, according to the figures of the Council for the Development of Cambodia.