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China-Laos railway starts from the Mohan-Moten border area between the two countries, running over 400 kilometers to Lao capital Vientiane with designed operating speed of 160 km per hour. Over 60 percent of the route are bridges and tunnels.
China, a relatively new but fast-growing market, had been increasing imports for six consecutive years.
China's urbanization rate is expected to reach 70 percent and 80 percent in 2030 and 2050 respectively, as its stable growth rate will help fuel domestic demand despite slowdowns in investment, consumption and exports, said experts during a recent forum.
China's retails sales, the barometer for domestic consumption, contracted by 19 percent on a yearly basis during the first quarter of the year, largely due to the COVID-19 outbreak, the National Bureau of Statistics reported on Friday.
China's television industry is expected to rebound this year after witnessing a downturn in 2017, with sales ascending to 48.98 million units, up 3.1 percent year-on-year, an industry report said.
来源：资阳报