China to boost e-commerce with Thailand

Source: Xinhua | 2018-04-19

CHINA offered US$1.7 million from the Lancang-Mekong Cooperation Special Fund to Thailand yesterday to boost cross-border economy and trade, business exchange and e-commerce.

Chinese Ambassador to Thailand Lu Jian and Permanent Secretary of the Thai Ministry of Commerce Nuntawan Sakuntanaga signed the cooperation agreement on LMC Special Fund projects yesterday.

China initiated the LMC Special Fund during the first LMC Leaders’ meeting in Sanya in Hainan Province in March 2016 to support small and medium-sized cooperation projects put forward by the six Lancang-Mekong countries.

The six Lancang-Mekong countries are China, Myanmar, Thailand, Laos, Cambodia and Vietnam.

Lu said during the signing ceremony that “our six countries have worked together in the past two years to turn the idea of LMC into reality, bringing benefits to our six countries and the region.”