Wang Yi will chair the 8th LMC Foreign Ministers' Meeting and the Chinese Foreign Ministry will introduce the relevant situation. The Lancang-Mekong Cooperation (LMC) is the first new type of sub-regional cooperation mechanism jointly initiated and established by the six countries in the basin. Connectivity projects such as the China-Laos Railway have provided "accelerators" for regional economic and trade and people-to-people exchanges, doubling China's annual trade volume with Mekong countries in past seven years.