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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 Investment Corporation is also carrying out strategies similar to the other major sovereign funds. According to Tu, about 50 percent of its overseas investment portfolio will be targeted at alternative assets and direct investment by 2022 to better serve China's development strategy and provide strong support to the country's foreign exchange investment returns.
China Tower Corp, a joint venture handling the telecom tower assets of the mainland's top three mobile carriers, is expected to generate a profit this year, and it aims to go public in Hong Kong this year or in the first half of next year.
China Mobile had 867 million mobile users as of the end of June, according to the statement.
China National Offshore Oil Corp has made a large-sized natural gas field discovery in the Bohai oilfield, which will likely ease the gas shortage in northern China, the company said on Wednesday.
来源：资阳报