Business · Trade · 17 hrs ago

Shanghai’s Yangpu District and Laos agree to deepen trade ties

Shanghai’s Yangpu District and Laos agree to deepen trade ties

Shanghai’s Yangpu District and Laos signed a trade cooperation memorandum at an event in Shanghai on November 7, during the ninth China International Import Expo.

The event also included a promotion session focused on investment in Laos.

Both sides want more two-way investment and business projects, including helping Chinese companies invest in Laos and Lao products enter China.

Yangpu said it would use its business and technology resources to explore cooperation in green development and cross-border e-commerce.

The Laos trade and economic cooperation pavilion in Shanghai, opened in 2023, has hosted 198 visiting groups, according to the event’s organizers.

The pavilion plans to connect Shanghai technology with uses in Laos and markets across Southeast Asia, including through artificial intelligence and technology transfers.

Yangpu’s expo delegation also signed orders in fields including food, consumer goods, medical devices and new materials.

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What people are saying

Phoutthavanh NamthavongLaos’ vice minister of industry and commerce
Laos will promote two-way investment and project cooperation to achieve more practical results.
via China News Service
Zhou RongActing district head of Yangpu
Yangpu District is willing to work with the Lao side, relying on platforms such as the Laos Economic and Trade Cooperation Exhibition Hall, to support quality Lao products entering the Yangtze River Delta market through Shanghai.
via China News Service
Zhou ZhengyuDirector of the Laos Economic and Trade Cooperation Exhibition Hall
The exhibition hall will explore a cooperation path of “innovation originating in Shanghai, applications implemented in Laos, and outreach to the ASEAN market.
via China News Service