Lao president visits China Academy of Space Technology

Lao President Thongloun Sisoulith visited the China Academy of Space Technology in Beijing on Thursday.

Also general secretary of the Lao People's Revolutionary Party Central Committee, Thongloun said that ever since China successfully brought lunar soil back to Earth from the moon, he has firmly believed its space program will continue to bring more good news to the world.

The academy plays an important role in China's space exploration.

During the visit, the Lao delegation viewed the academy's achievements in the fields of crewed spaceflight, deep-space exploration, navigation, communications, and remote sensing.

Thongloun is paying a five-day state visit to China at the invitation of President Xi Jinping. He arrived in Beijing on Thursday after concluding the first leg of his trip in east China's Zhejiang Province.

China's new regulation on outbound investment, set to take effect on July 1, will provide effective legal protection to companies going aboard, said a spokeswoman for the Ministry of Commerce on Thursday.

The regulation, recently unveiled by the State Council, demands improving the comprehensive overseas service system and refining institutional measures to provide strong legal protection for companies participating in international cooperation and competition, according to He Yongqian, the spokeswoman, at a press briefing in Beijing.

She said the regulation also stresses improving the overseas investment management system and reinforcing the primary responsibility of investors.

"(The regulation) strengthens monitoring, early warning, and risk assessment, and guides and assists investors in preventing security risks. It establishes an investment barrier investigation system, among other measures, to effectively safeguard the security and legitimate rights and interests of investors and their overseas investments," He said.