China proposes building economic corridor with Myanmar

11/20/2017 - 2:44:42 PM

China has proposed building an economic corridor with Myanmar to further enhance the bilateral comprehensive strategic cooperative partnership.

China’s Foreign Minister Wang Yi (L) and Myanmar’s State Counsellor Aung San Suu Kyi (Source Xinhua)

China’s Foreign Minister Wang Yi was speaking at a joint press conference with Myanmar’s State Counsellor Aung San Suu Kyi after their fresh talks in Myanmar on November 19.

The two sides pledged to promote bilateral relations and deepen pragmatic cooperation.

Wang said the economic corridor, in consideration of Myanmar’s national development plan and actual needs, will start from China’s Yunnan province and connect with Mandalay city in the central region of Myanmar, and further extend to the new city of Yangon and the special economic zone of Kyaukpyu, forming a three-pillar cooperation pattern.

Such a design is supposed to boost connectivity among large projects along the routes and at the same time fuel development in Myanmar, he added.

Aung San Suu Kyi said the proposal is suitable with Myanmar’s national development plan and hoped the two sides will cooperate in the priority fields in Myanmar, including transportation and electricity.

Source: VNA

Challenges from population aging

Many countries are grappling with rapidly aging population. As population aging becomes an irreversible global trend with significant impacts on economic and social sectors, nations face the urgent task of creating flexible policies to adapt to and make the most of this trend to build prosperous and sustainable societies.

World tourism industry promotes potential and cohesion

With a series of stimulus measures, the world tourism industry is on the way to recovery as before the COVID-19 pandemic broke out. Facing the opportunity to take off, the "smokeless industry” is expected to strongly contribute to global economic growth while promoting potential and cohesion, contributing to peace and sustainable development.

Existential danger from COVID-19 pandemic

The danger from the COVID-19 pandemic is still latent, threatening people’s health and lives in the context that the immunity provided from the COVID-19 vaccine has decreased. Many other dangerous diseases are also likely to break out when the global vaccination rate slows down, due to inequality in access to health services, vaccine hesitancy, and consequences of economic recession.

Vietnam among ASEAN countries recording EV sales surge

The Association of Southeast Asian Nations (ASEAN) is witnessing a rise in the sales of electric vehicles (EVs) in Vietnam, Malaysia and Indonesia, according to Maybank Investment Bank Research (Maybank IB Research).

International friends bid farewell to Party General Secretary Nguyen Phu Trong

The respect paying ceremony for Party General Secretary Nguyen Phu Trong continued on the morning of July 26 at the National Funeral Hall in Hanoi, with high-level delegations from foreign countries and international organisations paying their last respects and expressing deep condolences.

Global outpouring of grief for Vietnamese Party chief

A wave of condolences have poured in from world leaders, international organisations, rulling parties, Communist parties and partner parties following the death of Vietnamese Party General Secretary Nguyen Phu Trong.