On March 20, the Thailand-Jiangsu (Changzhou) Investment Opportunity Exchange Meeting, co-hosted by Thailand Board of Investment (BOI) and Jiangsu Sub-council of China Council for the Promotion of International Trade,was held in Changzhou. More than 100 representatives from local enterprises in the areas of industrial automation, machinery and equipment, auto parts and electronic products attended the meeting.

Cong Sufeng, vice president of Jiangsu Sub-council of China Council for the Promotion of International Trade, attended the meeting and delivered a speech. Wu Yiyi, director of Shanghai Office of BOI delivered a keynote speech on “Thailand: Asia’s hub with unlimited opportunities�?nbsp;and introduced the economic conditions and preferential policies of Thailand. According to her, Thailand has provided more investment opportunities, more favorable investment environment and more attractive investment policies for foreign investors. Moreover, enterprises approved by BOI may be exempted from corporate income tax for up to 13 years, can get tax reduction and exemption of imported machine and tax exemption of imported raw materials needed for export products, and are allowed to introduce foreign experts and professionals.

During their stay in Changzhou, the Thai delegation also visited five companies including Yinlei Electronics, Gardensun Furnace and Wanbang NE, where they had in-depth discussions about trade and industrial cooperation in the future.