China-Vietnam dialogue held in Chongqing on boosting business, trade ties

As of Oct 30, the China-Vietnam freight trains passing through Chongqing have operated in both directions a total of 132 trips, carrying a combined total of 4,224 standard containers with a cargo value of 1.01 billion yuan.

Chongqing and Vietnam have deep historical roots and close exchanges. In recent years, the new International Land-Sea Trade Corridor has strengthened the economic and trade ties between the two regions.

For the past five years, Vietnam has remained Chongqing's largest trading partner within ASEAN. In the first three quarters of this year, the trade volume between Chongqing and Vietnam reached 27.42 billion yuan, with Chongqing's actual investment in Vietnam amounting to 194 million yuan, a 32.7 percent increase. The freight volume and the value of containers via the ILSTC have increased by 48.6 percent and 108 percent, respectively, indicating a positive trend in cooperation between the two regions.

On Thursday, Premier Li Qiang met with the leaders of Cambodia, Laos, Myanmar, Thailand and Vietnam during the eighth Greater Mekong Subregion Summit in Kunming, Yunnan province.

Premier Li called for greater unity and coordination among countries of the Greater Mekong Subregion to further promote pragmatic cooperation in various fields, in order to achieve shared growth and contribute to regional and global peace, development and prosperity.