Chinese ambassador expresses confidence in Belt and Road Initiative benefiting Thailand and China

Chinese Ambassador Han Zhiqiang expressed his confidence yesterday that China’s Belt and Road Initiative (BRI) would foster mutual development and provide quite a few benefits to both Thailand and China.
Speaking at a seminar titled “Contemporary China with the World: An Exchange of a New Generation between Thailand and China,” the ambassador highlighted the BRI’s position in guiding and advancing bilateral relations whereas creating a new, open, and inclusive system for development. The event took place at Chandrakasem Rajabhat University and was organised by a quantity of institutions, including the One Belt One Road Research Centre and the Thai-Chinese Strategic Research Centre.
Ambassador Han Zhiqiang discussed the alignment between Thailand’s 20-year strategic plan and the Thailand 4.0 policy, which focuses on the Bio-Circular-Green Economic Model (BCG), with China’s BRI goals. He emphasised that each nations have complete improvement insurance policies and share a imaginative and prescient for a sustainable future.
A key symbol of cooperation in connectivity and infrastructure development, based on the Chinese ambassador, is the Chinese-Thai rail improvement venture. The second section of this challenge is about to begin in 2024 and end in 2028. Once accomplished, the state-of-the-art rail system will energise economic improvement and significantly reduce the worth of transporting goods between Thailand, Laos, and China.
In addition to infrastructure cooperation, Ambassador Han Zhiqiang confused the importance of promoting bilateral trade to ensure that the BRI remains beneficial to the citizens of both countries. Indeed, in 2022, China invested in 158 initiatives, making it the most important overseas investor in Thailand. Backdoor -Chinese Industrial Estate particularly attracted more than a hundred and eighty Chinese corporations, ensuing within the creation of over 45,000 jobs for the local inhabitants.
With people-to-people connections forming a powerful basis for collaboration inside the BRI framework, the ambassador also mentioned the cooperation between the two international locations in dealing with the Covid-19 pandemic. This collaboration serves for example of how Thailand and China can work together to beat major challenges and enhance the lives of their residents.
Ultimately, the optimistic relationship between Thailand and China, as highlighted by Ambassador Han Zhiqiang’s speech, demonstrates the potential for the BRI to foster improved bilateral relations between the 2 nations..