Minister of Commerce delivers a special lecture on expanding Thai-Chinese cooperation. For graduates of the senior management program to enter the Chinese market Cheers! Team Thailand supports the private sector as the vanguard. Proactive trading Invading China in each province Generate money into the country

Mr. Phumtham Wechayachai, Deputy Prime Minister and Minister of Commerce Awarded a certificate and gave a speech on the topic "Guidelines for expanding economic cooperation between Thailand and China" at the graduation ceremony of the 1st class of China Wealth Institute's Senior Executive Course to Penetrate the Chinese Market at the meeting room, 3rd floor, True Digital Park, yesterday evening (16 Dec. . 66) China is one of the targets of aggressive economic diplomacy. The Asian market is a very large potential market. There is a combined population of more than half the world and Thailand and China are not far apart as brothers. He feels that way. In 2022, the value of trade between Thailand and China reached 3.69 trillion baht, an increase of 1.53 percent compared to 2021, accounting for 17.86 percent of the total value of Thailand's international trade. And in 2023, the Ministry Commerce aims to increase product exports to China by 1 percent, or equivalent to 1.2 trillion baht. He gave policy to the Ministry of Commerce to change the export figures from negative to positive. which he gives importance to promoting Accelerate and strengthen trade and investment relations in many dimensions. Let the private sector penetrate the Chinese market The government is ready to be a state that supports the private sector. It is not a government obstruction, rules and conditions. This government gives importance to Including creating ambition and expectation to break through economic obstacles.

However, previously he met with Mr. Li Qiang, Premier of China. The Chinese Prime Minister reiterated today that China does not consider itself to be the world's factory. but will position itself as a world market Opportunity will happen to every nation in the world. He urged to strengthen trade and investment relations between Thailand and China in many dimensions. Providing proactive strategic trade policies for each province and participated in important trade exhibitions in China, both China - ASEAN EXPO (CAEXPO) and China International Import Expo (CIIE). He would like to be a bridge to support connections and networking between Thai and Chinese entrepreneurs. The Ministry of Commerce will drive trade and investment in Thailand. through trade agreements at all levels Both the ASEAN-China Free Trade Area and the Regional Economic Partnership Agreement or RCEP, as well as supporting the Belt and Road Initiative (BRI) project, expanding economic and trade relations to provinces or secondary cities with potential in China through the preparation of official MOUs. Another six trade deals with Xiamen in Fujian Province. Guangxi Zhuang Autonomous Region Zhejiang Province, Shanxi Province, Heilongjiang Province and Hebei Province, in addition to the 4 that have already been processed. with Hainan Province, Gansu Province, Yunnan Province and Shenzhen. as well as accelerating participation in the supply chain in China's future industries. This is in line with the 10 target industries of the EEC of Thailand.

In addition Will push Thai products and services both offline and online. and will join in developing the soft power industry It aims to penetrate the Chinese food market through Thai restaurants, Thai SELECT, which is a channel for showcasing and creating awareness of Thainess. and he has organized a commercial team Set up subcommittees to accelerate important policies, such as the subcommittee to promote and drive proactive trade and economics in Thailand-China, ASEAN, and the subcommittee to drive work towards integration according to the soft power strategy. Subcommittee for Driving Trade Logistics Policy Subcommittee on Electronic Commerce, Big Data and Commercial Influencers The Ministry of Commerce has nine overseas trade promotion offices in China, including Chengdu, Kunming, Nanning, Guangzhou, Xiamen, Shanghai, Qingdao, Hong Kong and Taiwan, as well as a commercial office in Beijing. It is an important channel for exchanging economic information and government policy, including trade and investment. import regulations Related measures Consumer behavior and needs as well as modern economic development Both the digital industry and the green industry

In this regard, all 9 overseas trade promotion offices have joined forces with the provincial commerce to work proactively and integrate more closely. Connecting products from local Thailand to the Chinese market Being the vanguard of the Ministry of Commerce abroad Working with the Thai Ambassador and representatives of BOI offices abroad push trade and expand investment According to the Prime Minister's proactive economic diplomacy policy Which doing business must change to keep up with the world If you don't change, one day you will be forced to change. If you change it first, you'll have an advantage. He believes that the actions of this government including the Ministry of Commerce under its supervision As well as comprehensive study of the Chinese market under this course. It will make everyone have knowledge. There are ways to do business in China. Ministry of Commerce and Government including the Ministry of Foreign Affairs Investment Promotion Office Ready to support the private sector in invading the Chinese market.-514.

Source: Thai News Agency