Lao-Chinese Business Forum Held in Hangzhou, China

11/11/2024 16:35
Email Print 765
KPL The Lao-Chinese Business Forum took place on November 9, 2024, in Hangzhou, Zhejiang Province, China. The event saw participation from government and business representatives from both Laos and Zhejiang Province, China, with Prime Minister Sonexay Siphandone delivering the keynote address.

(KPL) The Lao-Chinese Business Forum took place on November 9, 2024, in Hangzhou, Zhejiang Province, China.

The event saw participation from government and business representatives from both Laos and Zhejiang Province, China, with Prime Minister Sonexay Siphandone delivering the keynote address.

This forum was jointly organized by the Lao National Chamber of Industry and Commerce and the Zhejiang Provincial Trade Promotion Council, in collaboration with the Lao Ministries of Planning and Investment, Industry and Commerce, and Foreign Affairs.

It served as an important platform for enhancing economic and social cooperation between Laos and China, particularly in terms of exchanging information on investment policies, opportunities, infrastructure development, and special economic zones, aimed at promoting trade and investment between the two nations.

During the meeting, both sides exchanged views on the current economic development and investment opportunities, seeking to strengthen cooperation between the public and private sectors and to raise awareness of investment capabilities across various areas in Laos and China.

The forum also provided a venue for presenting diverse business opportunities in Laos, mainly in sectors such as renewable energy, mineral processing, logistics, e-commerce, tourism, environmentally friendly investments, and development within special economic zones.

China is the largest trade partner and the biggest foreign investor for the Lao PDR, with Chinese investments exceeding 15 billion USD across more than 900 projects.
KPL

ຂ່າວອື່ນໆ

    • Betagro launches its first animal feed plant in LaosEconomics

      Betagro launches its first animal feed plant in Laos

      11/11/2024 4:05:53 PM

      Betagro Public Company Limited, or "BTG," inaugurated last week its first animal feed factory in the Lao PDR. The factory, established with an investment of over 650 million baht, uses advanced technology in animal feed production and resource management, with an annual production capacity of 108,000 tons.

    • Economic Growth in Laos Demands Urgent Reforms for Stability, Says World BankEconomics

      Economic Growth in Laos Demands Urgent Reforms for Stability, Says World Bank

      11/8/2024 9:44:41 AM

      Vientiane, Nov 7, 2024 – Laos’ economy has shown slight growth this year, but a heavy debt burden and ongoing macroeconomic instability continue to limit its potential, according to the World Bank’s latest Lao PDR Economic Monitor: Reforms for Stability and Growth.

    • Laos Inflation Eases to 20.7% in OctoberEconomics

      Laos Inflation Eases to 20.7% in October

      11/7/2024 5:57:21 PM

      Laos’ inflation rate saw a slight decline in October, dropping to 20.7% from 21.7% in September and 24.3% in August, according to a report from the Lao Statistics Bureau.

    • Party Calls for Urgent Economic Reforms, Sets Stage for 12th CongressEconomics

      Party Calls for Urgent Economic Reforms, Sets Stage for 12th Congress

      11/5/2024 9:49:46 AM

      Lao People’s Revolutionary Party Secretary General and President Thongloun Sisoulith urged swift action on the nation’s economic challenges, emphasizing that these issues "can no longer be left unaddressed.

    • A New Path to Prosperity: Laos-China Railway Spurs Growth, Tourism, and ConnectivityEconomics

      A New Path to Prosperity: Laos-China Railway Spurs Growth, Tourism, and Connectivity

      10/29/2024 1:37:14 PM

      Since its inauguration in late 2021, the Laos-China Railway has become a cornerstone of socio-economic growth in the Lao PDR, symbolizing enhanced connectivity, economic advancement, and regional integration. Stretching over 1,000 kilometres from Kunming in China’s Yunnan Province to the Laotian capital, Vientiane, the railway is a flagship project of China’s Belt and Road Initiative (BRI). It has significantly promoted trade, tourism, and local livelihoods, underscoring its value to Laos.


Top