China-Laos Trade in the Context of China-Laos Railway Operation:Achievements,Challenges and Opportunities
Following the completion and opening of the China-Laos Railway,Laos,previously a landlocked country in Southeast Asia,has transformed into a land-linked nation.This paper examines the achievements,existing challenges,and future opportunities in China-Laos trade under the operational context of the China-Laos Railway.The study finds that by leveraging the geo-economic advantages of railway,China and Laos have jointly established the Mohan-Boten Economic Cooperation Zone,thereby deepening bilateral economic and trade cooperation.Despite these advancements,challenges remain,including insufficient penetration of digital applications and an imbalanced ratio of direct investment between government and enterprises.This paper proposes several strategies to address these issues:developing multimodal transport systems through the construction of the"China-Laos Railway+New International Land-Sea Trade Corridor",advancing digital trade under the framework of cross-border"Silk Road e-commerce",and increasing China's direct investments in Laos to promote high-quality trade cooperation between China and Laos.
China-Laos railwaycorridor effectbilateral economy and tradegeo-economySilk Road e-commerce
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