Archive for ‘China-Laos railway’

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19/11/2019

Chinese top political advisor inspects construction of China-Laos railway

VIENTIANE, Nov. 18 (Xinhua) — Chinese top political advisor Wang Yang on Monday inspected the construction of the China-Laos Railway at ancient Lao capital Luang Prabang, some 220 km north of Vientiane.

Wang, chairman of the National Committee of the Chinese People’s Political Consultative Conference, inspected the construction of a major bridge crossing the Mekong River, which is an important node of the 414.3-km railway.

He was also briefed on the construction of the China-Laos Railway, met with representatives from the company that constructs the railway and delivered a speech.

On behalf of the Central Committee of the Communist Party of China (CPC) and the Chinese people, Wang expressed warm greetings to the staff participating in the construction of the China-Laos Railway and sent his heartfelt thanks to those who cared and supported the construction of the railway.

Wang said the railway is a major project of the China-Laos Economic Corridor and an important platform and carrier of the implementation on building a community with a shared future for China and Laos.

Hailing the railway’s important significance in improving Laos’ infrastructure and boosting local economic and social development, Wang said top leaders of the two countries have attached great importance to the railway and have made explicit requirements of the construction on different occasions.

Wang called on builders of the railway to note the importance of the railway from the overall and strategic height, uphold the principle of quality and safety first, enhance project management, fulfill social responsibilities and work on to build a model, competitive and clean project, so as to contribute to the China-Laos friendship.

The China-Laos Railway is a strategic docking project between the China-proposed Belt and Road Initiative and Laos’ strategy to convert from a landlocked country to a land-linked hub.

The railway, with 198-km tunnels and 62-km bridges, will run from Boten border gate in northern Laos, bordering China, to Vientiane with an operating speed of 160 km per hour.

The project started in December 2016 and is scheduled to be completed and opened to traffic in December 2021.

Source: Xinhua

Posted in ancient, Belt and Road Initiative, Belt and Road Initiative (BRI), Boten border gate, Central Committee of the Communist Party of China (CPC), chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), China-Laos Economic Corridor, China-Laos friendship, China-Laos railway, Chinese top political advisor Wang Yang, Construction, Country, inspected, land-linked hub, landlocked, Lao capital, Laos' strategy, Luang Prabang, major bridge crossing, Mekong River, Uncategorized, Vientiane | Leave a Comment »

15/11/2019

China signs 197 B&R cooperation documents with 137 countries, 30 int’l organizations

BEIJING, Nov. 15 (Xinhua) — China has signed 197 Belt and Road (B&R) cooperation documents with 137 countries and 30 international organizations by the end of October, the country’s top economic planner said Friday.

Apart from developing and developed economies, a number of companies and financial institutions from developed countries have collaborated with China to expand the third-party market as well, Meng Wei, a spokesperson for the National Development and Reform Commission (NDRC), told a news conference.

The construction of the China-Laos railway, China-Thailand railway, Jakarta-Bandung High-Speed Railway and Hungary-Serbia railway are making solid headway while projects including the Gwadar Port, Hambantota Port, Piraeus Port and Khalifa Port have gone smoothly, the NDRC said.

Meanwhile, the building of the China-Belarus industrial park, China-UAE Industrial Capacity Cooperation Demonstration Zone and China-Egypt Suez Economic and Trade Cooperation Zone is also forging ahead.

From January to September, China’s trade with B&R countries totaled about 950 billion U.S. dollars, and its non-financial direct investment in these countries topped 10 billion dollars, Meng said.

She noted that China has made bilateral currency swap arrangements with 20 B&R countries and established RMB clearing arrangements with seven countries.

In addition, the country has also made achievements with B&R countries in other sectors including technology exchange, education cooperation, culture and tourism, green development and foreign aid.

Source: Xinhua

Posted in Belt and Road (B&R) cooperation, China alert, China-Belarus industrial park, China-Egypt Suez Economic and Trade Cooperation Zone, China-Laos railway, China-Thailand railway, China-UAE Industrial Capacity Cooperation Demonstration Zone, Construction, Culture, education cooperation, foreign aid, green development, Hambantota Port, Hungary-Serbia railway, Jakarta-Bandung High-Speed Railway, Khalifa Port, National Development and Reform Commission (NDRC), Piraeus port, technology exchange, Tourism, Uncategorized | Leave a Comment »

24/09/2019

China Focus: China, ASEAN embrace shared future along Belt and Road

NANNING, Sept. 23 (Xinhua) — The Belt and Road Initiative (BRI) provides momentum for regional economic integration and connectivity, helping China and ASEAN forge a closer community of shared future, said Cambodian Deputy Prime Minister Hor Nam Hong.

Hor made the remarks Saturday at the opening ceremony of the 16th China-ASEAN Expo themed “Building the Belt & Road, Realizing Our Vision for a Community of Shared Future.”

The deputy vice prime minister envisioned that the China-ASEAN strategic partnership and the BRI will further deepen the cooperation between the two sides in the joint pursuit of shared prosperity.

Statistics show that China has signed cooperation agreements with more than 130 countries across the globe and 30 international organizations on jointly building the Belt and Road, benefiting people of the involved nations.

Highlighting regional economic cooperation, this year’s China-ASEAN expo is expected to lift the practical and comprehensive cooperation between China, ASEAN and other countries participating in the BRI to new heights.

The expo has served as a crucial platform for promoting investment and trade in Asia over the past 16 years, setting an example of friendly cooperation between China and ASEAN, said Luhut Binsar Pandjaitan, special envoy of the Indonesian president and coordinating minister for maritime affairs.

As the Country of Honor for this year’s expo, Indonesia will showcase its high-quality products from more than 100 Indonesian enterprises.

Speaking highly of the BRI, Luhut said cooperation under the China-proposed initiative will boost infrastructure construction and trade among members of ASEAN to facilitate the building of the ASEAN Community.

To push China-ASEAN ties to new heights, both sides are making joint efforts in constructing the Belt and Road and implementing the Master Plan on ASEAN Connectivity 2025 under the guidance of the China-ASEAN Strategic Partnership Vision 2030.

The BRI accelerates regional connectivity and improves people’s livelihoods, said Thai Deputy Prime Minister and Minister of Commerce Jurin Laksanawisit, adding that Thailand had formulated plans to contribute to the completion of the Regional Comprehensive Economic Partnership, alleviate volatility of the global economy and trade, and inject momentum into sustainable development.

Two-way investment between China and ASEAN countries grew robustly to reach 230 billion U.S. dollars in the first eight months of this year, with the establishment of 25 economic and trade cooperation zones creating over 100,000 jobs.

Meanwhile, the cooperation between China and ASEAN in fields including international production capacity, the digital economy and e-commerce is also leaping forward.

Hailing the achievements of cooperation under the BRI, Lao Deputy Prime Minister Sonexay Siphandone said Laos will take an active role in building the Belt and Road.

Citing the China-Laos railway, the largest cooperation project between the two sides so far, Sonexay said it will promote regional peace, prosperity and sustainable development.

Apart from prospering bilateral trade and investment, recent years have seen the deepening of China-ASEAN cooperation in various other fields. ASEAN has become the largest destination for Chinese tourists, with the number of personal exchanges hitting 57 million in 2018 and nearly 4,000 flights traveling between both sides every week.

Holding similar viewpoints, Myanmar’s Vice President U Myint Swe said the BRI provides opportunities for developing trade and cross-border exchanges and bridging infrastructure gaps.

Looking forward to shared prosperity, Jurin said Thailand, as well as ASEAN, will collaborate with China to strive for sustainable development.

Source: Xinhua

Posted in "Building the Belt & Road, Realizing Our Vision for a Community of Shared Future.", Association of Southeast Asian Nations (ASEAN), Belt and Road Initiative (BRI), Cambodian Deputy Prime Minister, China alert, China-ASEAN Expo, China-ASEAN ties, China-Laos railway, chinese tourists, embrace, Holding similar viewpoints, Myanmar's Vice President, Hor Nam Hong, Laos, Myanmar, Myanmar's Vice President, Regional Comprehensive Economic Partnership, Regional Comprehensive Economic Partnership (RCEP), shared future, Thailand, U Myint Swe, Uncategorized | Leave a Comment »

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