BANGKOK, Thailand – Chinese investment in Thailand is expected to drive economic growth, technological advancement, and job creation across key industries.
H.E. Mr. Han Zhiqiang, Ambassador of the People’s Republic of China to Thailand, led a delegation of representatives from 12 leading Chinese companies under the Chinese Enterprises Association in Thailand (CEA) to meet with Prime Minister Paetongtarn Shinawatra at Government House. The companies, spanning six major sectors—banking and finance, automotive, agriculture, technology and energy, electronics and home appliances, and trade and investment—highlighted their commitment to strengthening economic cooperation with Thailand.
The meeting took place as both nations celebrated 50 years of diplomatic relations. The prime minister emphasized the strong and enduring ties between Thailand and China, reaffirming the government’s commitment to fostering an investment-friendly environment. She welcomed input from the Chinese business sector and pledged to address mutual concerns to ensure long-term economic collaboration.
The Chinese ambassador expressed gratitude for Thailand’s support and reaffirmed China’s commitment to expanding trade and investment. He noted that Chinese enterprises are keen to invest further, recognizing Thailand’s potential for growth in emerging industries. The chairman of the CEA underscored the significant role of Chinese enterprises in Thailand’s economic development, particularly in advancing technology, industrial upgrades, export growth, and employment generation.
Discussions between the two sides focused on expanding investment in Thailand’s modern industries, including artificial intelligence (AI), semiconductors, and renewable energy. Chinese companies pledged support in developing Thailand’s technological and innovation ecosystem. The prime minister agreed on the importance of these industries and reiterated the government’s priority in facilitating AI, semiconductor, and clean energy advancements. The Board of Investment of Thailand (BOI) was designated as the key facilitator to connect foreign investors with local manufacturers.
The discussion also addressed workforce development, with an emphasis on aligning Thai labor skills with future industrial demands. The Chinese delegation expressed willingness to support Thai workers by providing skill development programs and training in collaboration with relevant institutions.
The prime minister reaffirmed the government’s commitment to improving the investment climate by enhancing workforce capabilities, streamlining regulations, and strengthening economic, social, and cultural ties with China. She assured continued support for Chinese businesses operating in Thailand, further deepening bilateral relations.
The Chinese Enterprises Association in Thailand (CEA) was established in 2001 under the supervision of the Chinese Embassy in Thailand to promote economic and trade cooperation. It currently has over 380 member companies, including more than 40 Fortune Global 500 companies and 78 of China’s top 500 enterprises. (NNT)
