Laos-China Trade and Investment Seminar
Source: CAEXPO Wechat Time:2016-12-05 11:55:07
The Laos-China Trade & Investment Seminar was held at Nanning International Convention and Exhibition Center on September 12, 2016, where presentations on investment environment, laws and regulations and business opportunities for industrial parks cooperation were given. Mr. Yu Yunlin, vice chairman of CPPCC Guangxi Committee presented the seminar and delivered remarks.
Laos grants full support to the development of industrial parks. Government of Laos set up economic development zones and industrial parks in Vientiane, the capital city. The Saysettha Economic Development Zone is a joint investment project by China and Laos, which has been approved by China to be a national overseas economic and trade cooperation zone and a key project of building the Belt and Road routes. Lao officials said that Vientiane will be built into as an economic, tourism and trade hub of the Laos by 2020, where a brand new look will take on after reform and opening up.
Chinese businesses said that Laos is the major partner of China and a close neighbor linked by mountains and rivers. They believed that to invest in such a country that enjoys political stability, hospital people, rich mineral, forestry and hydropower resources will yield considerable economic returns.