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, Dec. 21 (Xinhua) -- Chinese Premier Li Keqiang on Thursday sent a congratulatory message on the launch of the construction of the first phase of the China-Thailand railway project.
Thai Prime Minister Prayut Chan-o-cha attended the opening ceremony of the project held Thursday in Kele, northern Thailand.
The China-Thailand railway project is a flagship project of bilateral cooperation in the Belt and Road Initiative and production capacity, which reflects the spirit of wide consultation, joint construction and shared benefits, Li said in the message.
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, facilitate the sustainable development of Thailand, drive the development and prosperity in the region and improve the people's livelihood, Li said.
The Chinese premier hoped the two sides would continue to keep close cooperation, complete the first phase of the China-Thailand railway with high quality, steadily push ahead the related work about the second phase of the project, and strive to realize the interconnection of the China-Thailand railway and the China-Laos railway.
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Li also noted that China attaches great importance to the development of the friendly relations between China and Thailand.
China is willing to work together with Thailand to strengthen their respective development strategies, and constantly advance the win-win pragmatic cooperation between the two countries with the railway cooperation project and to further promote the comprehensive strategic partnership between the two counties, he said.
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The railway is planned to connect with China-Lao railway from Vientiane to Kunming in China's southern Yunnan Province, and to extend through the south, via Kuala Lumpur, capital of Malaysia, and finally ending in Singapore.
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NEW YORK， Sept. 10 (Xinhua) -- U.S. stocks wavered and tumbled this week， as investors became cautious amid comments by U.S. Federal Reserve officials and a decision from the European Central Bank (EC
For the week， the Dow moved down 2.2 percent， while the S&P 500 and the Nasdaq both fell 2.4 percent.
Boston Fed President Eric Rosengren said in a speech Friday that low interest rates are increasing the chance of overheating the U.S. economy， according to the CNBC. Gradually tightening monetary policy is appropriate to maintaining full employment， he added.
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