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China and Laos have worked expeditiously to align their development strategies. Thanks to our similar visions for development, there is a high degree of complementarity between China's Belt and Road Initiative and the strategy of Laos to transform itself from a landlocked to a land-linked country, and between China's 13th Five-Year Plan and the 8th Five-Year National Socio-economic Development Plan of Laos. Last year, all-round construction started on the China-Laos railway, a flagship project of our practical cooperation. The transportation artery that will drive the development of Laos is a dream coming true. Good progress was made in the Mohan-Boten Economic Cooperation Zone and the Saysettha Development Zone, which have already seen a number of companies and institutions move in. This will help Laos upgrade its industries, attract FDI, create jobs and boost the growth of its SMEs.
China and Austria will sign a memorandum of understanding on third-party market cooperation on Sunday, as the two countries look to develop further with the Belt and Road Initiative framework, said an official at the National Development and Reform Commission.
China achieved faster than expected first-half economic growth of 6.9 percent, with deepening structural rebalancing reform to transfer the traditional investment-led development pattern into consumption-driven, and the service sector showed stronger growth momentum.
China Merchants Group will also support the Xiongan New Area financially in all aspects, including bank loans, bonds, financing, public-private partnership and public listing business.
China Life Investment Holding Co Ltd, an alternative investment and management company and unit of China Life, is buying a 95 percent stake in the real estate projects from ElmTree Funds LLC, a private-equity firm based in the city of St Louis.
来源：资阳报