Shanghai and Thailand working to promote mutual economic growth

29 Aug 2023

Shanghai and Thailand are working together towards boosting their economic links for mutual growth.

Mayor of Shanghai Gong Zheng held talks with the president of the Thai-Chinese Chamber of Commerce and chairman of KC International Group, Narongsak Putthapornmongkol, on Monday. 

The Shanghai mayor reported the city’s economic recovery is accelerating and development quality is constantly improving, adding, “We are actively expanding openness and strengthening international cooperation.” 

Thailand is a significant trading partner for Shanghai, and the Thai-Chinese Chamber of Commerce is an important link in boosting economic and trade cooperation as well as investment between China and Thailand. 

“We hope that the Chamber of Commerce will continue to exert its influence, help Thai companies invest and start businesses in Shanghai, and share development opportunities. We will continue to create a first-class business environment that is market-oriented, law-based, and internationalized, and create a better ecosystem for all types of enterprises to develop in Shanghai,” the mayor stated.

“At the same time, we hope that the Chamber of Commerce will help Shanghai enterprises enter Thailand, support Shanghai enterprises to invest in Thailand and explore the Asian market. We also welcome the Chamber of Commerce to actively organize Thai companies to participate in the sixth China International Import Expo, introducing more new technologies and services to Shanghai and China.”

Whereas Narongsak said, the Thai-Chinese Chamber of Commerce is focused on strengthening Thai-Chinese friendship and promoting economic and trade cooperation between both countries.

“We will build a bridge of friendship and cooperation between Thailand and Shanghai, deepen comprehensive cooperation in various fields, and provide support and convenience for Shanghai enterprises to invest in Thailand. We will also promote Thai companies to explore business opportunities and expand cooperation in Shanghai, contributing to the beautiful chapter of the Thai-Chinese family bond,” the Chamber’s president said.