On 20 February, State Councilor and Foreign Minister Wang Yi met with the press together with Foreign Minister Saleumxay Kommasith of Laos after attending the Fifth Lancang-Mekong Cooperation (LMC) Foreign Ministers’ Meeting in Vientiane, Laos. Wang Yi said that LMC is now moving from a period of rapid expansion to a period of all-round development, and on the basis of implementing existing projects, priorities can be placed on promoting cooperation in the following aspects:
First, make greater efforts to build the Lancang-Mekong Economic Development Belt. Starting from connectivity in trade, LMC should be linked with the New International Land-Sea Trade Corridor. Infrastructure connectivity should be strengthened and trade and customs clearance facilitation be enhanced to further advance cooperation in production capacity, cross-border economy and industrial parks. The growth of the economic development belt should be accelerated to inject robust new impetus into LMC cooperation.
Ministry of Foreign Affairs of the People's Republic of China