Thailand is expected to see economic growth, technological advancement, and job creation due to Chinese investment.
A delegation from 12 leading Chinese companies under the Chinese Enterprises Association in Thailand (CEA) led by H.E. Mr. Han Zhiqiang, Ambassador of the People’s Republic of China to Thailand, met with Prime Minister Paetongtarn Shinawatra at Government House. Companies from 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.
A 50-year diplomatic anniversary was celebrated by both nations at the time of the meeting. The prime minister emphasized the strong and enduring ties between Thailand and China, reaffirming the government’s commitment to fostering an investment-friendly environment. To ensure long-term economic collaboration, she welcomed input from the Chinese business sector.
Asserting China’s commitment to expanding trade and investment, the Chinese ambassador expressed gratitude for Thailand’s support. 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 confirmed their support for developing Thailand’s technological and innovation ecosystem. The prime minister reiterated the government’s commitment to facilitating advancements in AI, semiconductors, and clean energy. 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.
