Lao-Chinese Business Forum Held in Hangzhou, China

11/11/2024 16:35
Email Print 1743
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

    • Government Strengthens Inflation Control MeasuresEconomics

      Government Strengthens Inflation Control Measures

      11/20/2024 1:43:11 PM

      The government has intensified efforts to control inflation by adopting more restrictive monetary policies.

    • State Investment Exceeds 4 Trillion Kip In The First Three QuartersEconomics

      State Investment Exceeds 4 Trillion Kip In The First Three Quarters

      11/19/2024 12:12:47 PM

      In the first nine months of 2024, the Lao government has successfully implemented 6,839 state investment projects worth a total of 4.01 trillion kip, achieving 80% of the annual plan.

    • Ministry of Finance Reports Strong Revenue Growth in 2024Economics

      Ministry of Finance Reports Strong Revenue Growth in 2024

      11/19/2024 9:52:30 AM

      The Ministry of Finance has announced substantial revenue growth for the first 10 months of 2024, with total revenue reaching 46.17 trillion kip, equating to 92% of the annual target. This figure represents 15.72% of the nation’s GDP, marking a 40% increase compared to the same period in 2023, when revenue totaled 13.08 trillion kip.

    • Government Expects 4.6% GDP Growth for 2024Economics

      Government Expects 4.6% GDP Growth for 2024

      11/18/2024 2:36:30 PM

      The Lao government anticipates that the national gross domestic product (GDP) will grow by 4.6% in 2024, surpassing the National Assembly’s approved target of 4.5%.

    • Int’l Asia-Potash Industrial Park Production LaunchedEconomics

      Int’l Asia-Potash Industrial Park Production Launched

      11/17/2024 10:16:42 PM

      The ceremony for the Phase 1 production launch and capacity expansion of investment projects in the Asia-Potash International Intelligent Industrial Park took place on November 16, 2024. The launching event was attended by Prime Minister Sonexay Siphandone, along with other Party and government leaders, ministers, provincial governors, senior executives of the Asia-Potash International, and other relevant parties.


Top