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VIENTIANE - The Lao Ministry of Public Works and Transport and China's Yunnan Sunny Road and Bridge Company (YSRBC) have signed a memorandum of understanding on a feasibility study of constructing a section of the expressway linking capital Vientiane and southern Laos' hub Pakxe.

Vice President of CMC Zhao Jun said the railway extension project, which was under the China-proposed Belt and Road Initiative, is a key project closely related to the development of Sri Lanka, since in future the railway will connect many industrial areas in the south of the country.

VISION OF SHARED FUTURE

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Vargas said that his country is ready to enhance political trust and exchanges at all levels with China, cooperate with the country in areas like trade, investment, tourism and education and deepen multilateral coordination.

Vice-Premier Wang Yang, who attended the conference, said China will fulfill its commitment and achieve its sustainable development goals by 2030, with green building a crucial part of the country's effort to combat desertification.

VAT will not be imposed on transfers and changes of land-use rights and property of limited liability companies and stock corporations that were transformed from unincorporated businesses, the MOF said in an online statement.

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Use of gold for industrial purposes rose the most, around 25 percent year-on-year, to 82 tons on the back of strong demand from electronic product manufacturers.

Urban rail transit is an all-encompassing term for local rail systems, which include metros, monorail express lines and trams.

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Update, June 12: Amazon sent an email to Amazon Flex delivery drivers notifying them of the shutdown: “Amazon Restaurants will be closing later this month. After June 24th, you will no longer see offers for Restaurants deliveries,” the email reads. “You will continue to see blocks for all the other programs that Amazon Flex Delivery Partners support: Amazon.com, Prime Now, AmazonFresh, and Whole Foods.”

Up to now, 497 companies have settled there, including 358 financial companies like China Securities Finance Co Ltd and the Asset Management Association of China.