Official data showed that in 2018, China's non-financial direct investment to Thailand came in at 640 million U.S. dollars, up 26.9 percent from the previous year.
The Thai-Chinese Rayong Industrial Zone on Thailand's eastern coast offers a glimpse into the mutually-beneficial relations between two countries. By the end of 2018, the park had seen the establishment of about 120 companies and more than 32,000 Thai employees are working in the park, accounting for 90 percent of the zone's workforce.
As the Belt and Road Initiative (BRI) gradually connects with development strategies of ASEAN countries, Thailand's bid to develop its East Economic Corridor (EEC) into a high value-added industrial zone beckons more investment opportunities from China and beyond.
During an April seminar on third-party market cooperation held in Bangkok, officials from China, Japan and Thailand discussed cooperation in transportation and logistics, energy and environment and smart cities, as well as cooperation in the EEC that covers Thailand's three coastal provinces of Chachoengsao, Chonburi and Rayong.
"Chinese enterprises are the key players in coming to invest in the EEC," said Dr. Phaichit Viboontanasarn, vice chairman and secretary general of the Thai Chamber of Commerce in China.
New fronts of China-Thailand cooperation in the EEC include high-tech industries, digital commerce and automobiles, according to Dr. Phaichit.
【国内英语资讯:Economic Watch: China, Thailand expect more cooperation, business opportunities】相关文章:
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2020-09-15
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