Laos receives Country of Honor for upcoming CAEXPO
The China-ASEAN Business Center. [Photo by Li Muhang for chinadaily.com.cn]
Laos was selected as the Country of Honor for the upcoming 18th China-ASEAN Expo (CAEXPO), which marks its third time after being selected in 2009 and 2020.
A series of activities showcasing the all-round communication and cooperation between China and Laos will be held during this year's event, which will take place from Sept 10 to 13 both online and on-site in Nanning, officials announced during a press conference held on Aug 26.
Prime Minister of Laos Phankham Viphavanh will deliver a video speech at the opening ceremony of the 18th CAEXPO.
Liang Yiguang, deputy secretary general of the CAEXPO Secretariat, said that more and more Chinese companies have invested in Laos in recent years, covering various areas spanning mining, electricity, agriculture and services.
The bilateral trade volume between the two countries reached $3.55 billion in 2020, making China Laos' second largest trade partner and biggest direct foreign investment resource.
Virasack Somphong, the consul general of Laos in Nanning, said that Laos will cast eyes on showcasing the country's charm and distinctive products during this year's event. At present, a total of 22 competitive companies and organizations from Laos have confirmed to display five categories of local products such as agricultural products, tea, coffee and handicrafts at 54 booths.