The Kunming Area of the China (Yunnan) Pilot Free Trade Zone has entered a new level in cooperating with the China-Laos Mohan-Moding Economic Cooperation Zone.
As two ends of the China-Laos Railway part in China, the two parties will see closer ties by signing an agreement in facilitating cross-border commercial service.
Seizing the opportunity brought by Laos and China’s opening up, the Kunming FTZ will continue boosting industries, industrial parks and border economic and social development.
Leveraging the China-Laos railway, the Kunming FTZ will encourage enterprises to carry out international multimodal transport for South Asia and Southeast Asia. Local authorities will also move to promote trade in goods and services, two-way free investment, personnel exchanges and mutual recognition of legal services.
Kunming is also planning more international vocational education services for South Asia and Southeast Asia.
New measures are also under way to ease expat workers and entrepreneurs.