Laos

On October 6, 2018, Laos Guanxin International Group and Asia Futures Trading Center hosted by Mr. Gopilavan Apala, Vice Mayor of Vientiane City, held a grand opening in the office building of Guanxin International Group Company in Vientiane City, the capital. ceremony.

    The Central Party Committee of the Lao People’s Revolutionary Party and the Minister of the Ministry of Internal Affairs, Mr. Kanman Suweile, the Vice Chairman of the Central Commission for Discipline Inspection, Mr. Saikang Weimese, the Director of the Ministry of Public Security Major General Benmi Shengkangyong, and the chairman of the board of directors of Guanxin International Group A Si Mr. Guan Xin and other relevant leaders, some experts and scholars and other social celebrities attended the opening ceremony and delivered important speeches. After the opening ceremony, representatives of the guests participated in the traditional red rope blessing ceremony.

　　Asian Futures Trading Center was the first futures trading center in Laos jointly issued by the Central Bank of Laos, Ministry of Finance, Ministry of Agriculture and Forestry, Ministry of Mineral Resources, Ministry of Industry and Commerce and other national ministries and commissions in May 2018.

    In his speech, Mr. Gopilavan Apala, the deputy mayor of Vientiane City, said that the government would strongly support and pointed out: With the development of global economy and trade, the influence of the Asian economy is increasing globally. Laos is located in the center of the hinterland of Southeast Asian countries. It has a very advantageous geographical advantage. It is rich in wood, coffee, tin, lead, potassium, copper, iron, gold, gypsum, coal and other mineral deposits. The Asian Futures Trading Center is a futures trading platform born for the integration of commodities in Laos and ASEAN countries. It can use Laos's rich advantageous resources and use modern information technologies such as big data and the Internet to achieve the all-round development of the supply chain, thereby achieving cross-border development. Industry, cross-regional and cross-border mutually beneficial cooperation.

    Mr. Asi Guanxin, Chairman of the Board of Directors of Laos Guanxin International Group and Chairman of the Lao Asian Futures Trading Center, attended the opening ceremony and delivered a congratulatory speech, thanking the relevant government leaders and guests from all walks of life for their support and trust, and thanks for the preparation and trial operation of the exchange , All personnel who have worked hard to open the business. The Lao Asian Futures Trading Center will give full play to its functions such as market resource matching and price discovery, improve capital utilization, promote commodity circulation, promote the healthy development of local industries, and create greater development opportunities for the commodity economic development of Laos and Asia.

    At the same time, it said that under the background of current economic globalization, the trading center will seize the opportunity of the “Belt and Road” initiative and the development of ASEAN to further strengthen cooperation with global professional institutions, and continuously improve the quality and level of service, in accordance with the first-class, professional We will strive to build a credible, fair, professional and efficient intermediary platform in the field of financial information and commodity industry transaction services, promote the docking of the physical industry and the capital market, and make due contributions to the economic development of Laos in all directions and diversification. .