Eang Sophalleth, a spokesman for the prime minister, told reporters that relations between Cambodia and China had been growing ever stronger.
"This is a historic visit, and the two parties discussed boosting cooperation as the closest friends and comprehensive strategic partners," he said.
In a joint declaration released late Thursday, the two sides agreed to enhance alignment of the Belt and Road Initiative with Cambodia's Rectangular Strategy, as well as China's 13th Five Year Plan with the 2015-2025 Plan for Industrial Development of Cambodia.
In a joint written interview with Chinese media, Hun Sen said he fully supports China's Belt and Road Initiative, which will witness the vast building of infrastructure and deepened trade and financial integration in Asia, Africa and Europe.
He said China's Silk Road Fund and the Asian Infrastructure Investment Bank could also benefit Cambodia's economic and social development.
Pou Sothirak, executive director of the Cambodian Institute for Cooperation and Peace, said Cambodia is looking forward to reaping enormous benefits from China's Belt and Road Initiative.
China has been Cambodia's largest trading partner and source of investment for three years. The year 2015 saw two-way trade topping 4.4 billion U.S. dollars.
During the visit, the two sides vowed to expand two-way trade and set a bilateral trade target of 5 billion dollars by 2017.
China will encourage its competitive and reputable big companies to cooperate with Cambodia in the sectors of infrastructure, energy, telecommunication, agriculture, industry and tourism, the declaration said.
The booming Sihanoukville Special Economic Zone stands as a testimony to how fruitful China-Cambodia cooperation can be. By June 2016, 100 companies were operating in the zone with a total investment of 280 million dollars, creating over 13,000 jobs.
A manager from Zhejiang China Commodities City Group Co., Ltd said that via the Belt and Road Initiative, the group would lead more and more small- and medium-sized enterprises in exploring the market in Cambodia, which will offer more quality goods for Cambodian customers and increase employment in Cambodia.
ENHANCING COLLABORATION AND EXCHANGES
During Xi's visit, the two sides agreed to strengthen strategic communication and make positive contributions to peace, stability, development and prosperity in the region and the world.
In international and regional affairs, China and Cambodia have reached extensive and high-level political consensus, said Chinese Ambassador to Cambodia Xiong Bo, adding that this has been particularly prominent in the recent South China Sea issue.
In the joint declaration, the two sides voiced their belief that the South China Sea issue is not a problem between China and the Association of Southeast Asian Nations (ASEAN), and should be resolved peacefully through friendly consultations and negotiations by directly concerned sovereign states.
The two countries also agreed to further consolidate coordination under multilateral frameworks including the United Nations, Asia-Europe Meeting, East Asia Cooperation and Lancang-Mekong Cooperation, and maintain close and effective communication on issues concerning each other's major interest, rendering firm mutual support, said the document.
"The purpose of such collaboration is to uphold the common interests of our two countries and other developing countries and build an Asian community with a shared future," Xi said in his article.
During the visit, the two sides also agreed to enhance people-to-people exchanges by continuously deepening cooperation in education, culture, tourism and health.
Cambodia is the first stop of Xi's visit. The trip will also take him to Bangladesh and the western Indian state of Goa, where he will attend a summit of the emerging-market bloc of BRICS, which groups Brazil, Russia, India, China and South Africa.