In a strategic move to enhance trade and digital integration, Lao President Thongloun Sisoulith has visited the headquarters of Alibaba, the renowned Chinese technology giant, during his current state visit to China.
Arriving in Hangzhou, the capital of east China's Zhejiang Province, on Tuesday, President Sisoulith began a five-day state visit aimed at strengthening bilateral relations and exploring new avenues for economic growth. A key highlight of the itinerary was the engagement with Alibaba, where the Lao leader sought to understand the mechanisms of modern e-commerce platforms.
The primary objective of the visit was to examine how these digital marketplaces can be leveraged to bring Lao products directly to consumers across the Chinese mainland. By utilizing advanced e-commerce infrastructure, Laos aims to expand its market reach, increase exports, and empower local producers through digital transformation.
This visit underscores the growing importance of digital trade in the region and the commitment of both nations to fostering economic cooperation through technology and innovation, paving the way for more efficient cross-border trade flows.
Reference(s):
cgtn.com
