Thailand and China forge investment partnership targeting future industries

0
98
Prime Minister Anutin Charnvirakul and Chinese Premier Li Qiang co-chair the Thailand–China Business Roundtable in Bangkok on November 14, promoting joint investment in semiconductors, data centres, electric vehicles and other future industries.

BANGKOK, Thailand – Prime Minister Anutin Charnvirakul and Chinese Premier Li Qiang co-chaired the Thailand–China Business Roundtable in Bangkok on November 14 to promote a “Co-Creation” partnership to expand bilateral investment and develop future industries. Deputy Government Spokesperson Lalida Persvivatana stated that the meeting at the Mandarin Oriental Hotel brought together government and business leaders from both countries.

​The Prime Minister emphasized shifting Thailand–China relations from traditional trade to a partnership focused on joint innovation, investment, and economic development. He highlighted Thailand’s strategic ASEAN location, investment-friendly policies, and economic restructuring strategy, focusing on data centers, semiconductors, artificial intelligence, electric vehicles, agriculture, food, healthcare, and infrastructure.



​The Prime Minister reaffirmed Thailand’s support for the ASEAN–China Free Trade Agreement 3.0, noting that nearly 500 Chinese investment projects in Thailand account for over one-third of all foreign investment projects. ​He outlined three priorities for Thailand’s economic transformation: accelerating policy implementation and investment facilitation, developing the workforce in engineering and digital technologies, and enhancing economic resilience to challenges such as transnational crime.

He also stressed the importance of developing the Thailand–Laos–China high-speed rail connection to improve transportation, cross-border trade, and access to regional markets. The Prime Minister encouraged younger generations to pursue business and educational opportunities in China, while positioning Thailand as a hub for investment and innovation. The spokesperson stated that the roundtable, jointly organized by the commerce ministries of both countries during Premier Li’s official visit, aimed to strengthen public-private cooperation and create sustainable economic opportunities, employment, and income for both nations. (NNT)