Cambodia on Tuesday announced the naming of a ring road encircling parts of the capital Phnom Penh as "Xi Jinping Boulevard" to express gratitude for the historic contribution the Chinese president has made to promoting Cambodia's development.

At a ceremony naming the road, Cambodian Prime Minister Hun Manet said with care of and promotion by President Xi and Cambodian leaders, the Cambodia-China ties have reached an all-time high.

He said that to thank President Xi for his historic contribution to Cambodia's development, the Cambodian government decided to name the third ring road stretching from Highway 1 to Highway 4 as "Xi Jinping Boulevard."

"Xi Jinping Boulevard," and the previously named "Mao Zedong Boulevard" in the capital, are an epitome of the historical inheritance of the Cambodia-China traditional friendship, he said.

Chinese Ambassador to Cambodia Wang Wentian said that in 1965, Cambodian King Father Norodom Sihanouk named a road in Phnom Penh as "Mao Zedong Boulevard," and nearly six decades later, Hun Manet named another road as "Xi Jinping Boulevard," marking a new milestone in the long-lasting relationship between the two countries.

China is ready to work hand in hand with Cambodia to build a brighter and better future for the China-Cambodia community with a shared future in the new era, Wang said.

"Xi Jinping Boulevard" is located in the southern section of the third ring road in Phnom Penh, spanning about 48 km.