A Study on the Impact of China-Laos Railway on ASEAN Supply Chain
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Abstract
This study examines the impact of the China-Laos Railway construction project on the economic and industrial supply chains of the two countries. The collected data was analyzed through journal articles, official government websites, institutional statistical reports, and in-depth interviews. Research and discussion show that the China-Laos Railway will effectively reduce logistics costs and enhance the convenience of land transportation. It can promote the development of Laos' economy and science and technology. The China-Laos Railway will also drive the accelerated transformation and upgrading of Laos' domestic industrial structure, promote the integration of Laos' domestic economy and the coordinated development of the regional economy of mainland Southeast Asia. However, some results show that the China-Laos Railway may also bring some negative impacts, which deserve special prevention by the competent unit.
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