Chinese partners help reduce poverty in Laos

Vientiane—The people of China and its South-East Asian neighbor Laos have enjoyed the benefits of amicable diplomatic and cultural relations, as well as healthy trade and exchange across a shared frontier for many aeons.
Now celebrating the 55th anniversary of official diplomatic relations between the two nation states, both countries and their citizens continue to enjoy increasing benefits of a partnership that continues to deepen and evolve continuously to the present.
An important part in the strengthening this relationship can be seen in the contribution to poverty reduction in Laos being made by Chinese companies, including joint venture partners.
For example, in the growing hydroelectric power generation sector in Laos, Chinese companies are contributing to poverty reduction efforts through various corporate social responsibility initiatives.
Remaining one of the world’s least-developed countries, Laos occupies more than 236,000 square-km of land and is home to a population estimated at less than 6.5 million people.
Boasting limestone karst peaks and luxuriant tropical forests home to rare wildlife and splendid vistas, the country’s highlands welcome greater numbers of international tourists each year. However, amidst the scenes of natural beauty remain the hard realities of remoteness and logistics that have been barriers to vital services and the socio-economic development for less-well- off inhabitants.
The majority of the country’s population continues to live in remote mountainous villages as they have done from generation to generation and due to a lack of infrastructure, especially poor access to transport and income from trade, many have lived their lives isolated from essential services and opportunities to escape structural poverty.—Xinhua

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