China aims to develop border area with Laos
China has announced that it will invest US$31.4 billion in the Mengla economic zone in Yunnan province of the country, which shares a border with Lunag Namtha and Phongsaly provinces in northern Laos.
The investment will cover more than 240 projects in such fields as transportation, education and energy for the Mengla zone in Xishuangbanna Dai Autonomous Prefecture in Yunnan province, according to the China Daily report on 21 October.
