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China-Laos people-to-people and cultural exchanges have become more dynamic. 400,000 Chinese tourists traveled to Laos in the first half of the year. More and more people from Laos are traveling to China for business or as tourists. The number of Lao students studying in China under Chinese government scholarship tops all ASEAN countries. Chinese medical services initiatives including Peace Train and Mekong Bright Action were widely acclaimed by the Lao people. Nearly 100 young volunteers from Shanghai went to Laos to teach Internet technology and sports, and one of them became the head coach of the Lao national men's basketball team. The Story of Times, a documentary co-produced by China and Laos, was viewed several million times on the Internet, and deeply touched the hearts of our two peoples. The pop music video "Yi Dai Yi Lu" (Belt and Road), written and performed by a Lao musician, went viral on the Internet in China and received a huge number of likes and comments.

China, as the world's largest developing country, will continue to make contributions in this regard, he added.

Chinese Consul General in Los Angeles Zhang Ping said it's the responsibility of the business communities in the two countries to keep the relationship on track.

China's sharing economy now covers a wide range, from the shared use of bikes, vehicles, umbrellas, to living spaces and working spaces, and even knowledge, skills and labor.

China's top securities regulator has taken control of two securities firms and one futures brokerage for one year to rectify their governance problems and prevent risks.