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China-Laos practical cooperation has entered a period of fast development. China has become the largest investor and second largest trading partner of Laos. Bilateral trade reached 2.1 billion U.S. dollars in the first nine months of this year, up by 25.1 percent. China's total direct investment in Laos exceeded 6.1 billion U.S. dollars, facilitating the development of hydroelectricity, mining, services trade and other sectors of the local economy. China has been actively involved in delivering a number of assistance projects relating to people's livelihood, including hospitals, roads and schools, contributing to higher living standards and more convenience for the Laotian people. The Nam Leuk hydropower station undertaken by Chinese companies is operating well, and playing an important role in the economic and social development of Laos. Export from Laos to China also expanded, and the Laotian agricultural products including rice, coffee, banana and water melon are increasingly popular among Chinese consumers.

China's trade with countries participating in the Belt and Road Initiative continued to gain momentum, rising 10.8 percent to 9.27 trillion yuan in total.

China's passenger car sales climbed 4.9 percent year-on-year in June to 1.8 million units, ending a falling streak for 12 consecutive months, showed data from the China Passenger Car Association (CPCA).

China's stocks and bonds are now being included in main international indexes, such as the MSCI, FTSE Russell, S&P Dow Jones and Bloomberg Barclays index, and its weight is steadily increasing.

China's resolution to comprehensively deepen reforms will not waver, and all concerned parties will be encouraged to jointly maintain trade liberalization and facilitation to build an open world economy, President Xi Jinping said on Sunday.