Core Insights - Thailand is the second-largest economy in ASEAN, becoming a key hub for global investors in the region due to its strategic location, policy incentives, mature industrial base, and consumer market potential [2] - China has been Thailand's largest trading partner for 12 consecutive years, with direct investment from China showing stable growth, making Thailand a popular destination for Chinese companies [2] - The Thai government is actively promoting the "Thailand 4.0" initiative, focusing on developing twelve key industries, including smart electronics, new-generation automotive manufacturing, and the digital economy [2] Investment Environment - The "Eastern Economic Corridor" and "Investment Promotion Act" are policies introduced by the Thai government to optimize the business environment and attract foreign investment [2] - A Chinese version of the "Thailand Investment Guide" has been published by Ernst & Young to assist Chinese enterprises in navigating investment opportunities and challenges in Thailand [2] Future Outlook - The alignment of China's Belt and Road Initiative with Thailand's Eastern Economic Corridor development strategy presents broad prospects for economic cooperation between the two countries [4] - Recent agreements, such as the international trade "single window" cooperation framework and mutual recognition of Authorized Economic Operators (AEO), aim to facilitate customs clearance and promote bilateral trade [4] - Ongoing discussions for the "China-Thailand Economic and Trade Cooperation Five-Year Development Plan (2025-2029)" are expected to enhance economic collaboration, upgrade industrial cooperation, and improve trade facilitation [4]