the establishment of 21 century “maritime silk road” and .... the establishment of 21... ·...
Post on 30-Jun-2018
214 Views
Preview:
TRANSCRIPT
Outline
1. 21st Century “Maritime Silk Road” strategy overview
2. Current situation of Thai-Chinese economic and trade
relations
3. Building of 21st Century “Maritime Silk Road” and the
development opportunities in economic and trade between
Thailand and China
4. Suggestions on how to develop Thai-Chinese tradecooperation based on 21st Century “Maritime Silk Road”
1. 21st Century “Maritime Silk Road” strategy overview
21st Century “Maritime Silk Road” is an important strategic
idea that was purposed by President Xi Jinping during his visits
to Southeast Asian countries in October, 2013.
Cooperation Priorities : policy coordination, facilities
connectivity, unimpeded trade, financial integration and
people-to-people bonds (五通: five major goals).
Basic framework : to enhance areas of cooperation between the
countries among 21st Century “Maritime Silk Road” such asthe interconnection (互联互通) and free trade etc.
2. Current situation of economic and trade relationsbetween Thailand and China
Current situation of trade between Thailand and China
Investment relation between Thailand and China
Maritime cooperation between Thailand and China
Current situation of trade between Thailand and China
Since 2013, China has become Thailand's largest trading partner.
Source: Thailand Ministry of Commerce
Investment relation between Thailand and China
As of first quarter of 2015, Thailand cumulative direct
investment in China is about 4.12 billion USD, accounted for
5.45% of Thailand total direct investment.
According to Thailand’s Board of Investment (BOI), 2015 (Jan.-
Apr.) Chinese enterprises that submit application for investment
promotion have 12 projects, investment amounts is 1.957 billionTHB.
Maritime cooperation between Thailand and China
“Memorandum of Understanding between Thailand and China
on Maritime Cooperation”
“Arrangement on the Establishment of Thailand and China
Climate and Marine Ecosystem Laboratory”
“5 Years Plan on Maritime Cooperation between Thailand and
China (2014-2018)”
3. Building of 21st Century “Maritime Silk Road” and
the development opportunities in economic and trade
between Thailand and China
3.1) 4 Pilot Free Trade Zones established by Chinese Government
will play an important role in the building of 21st Century
“Maritime Silk Road”, and will bring about prospective economic
and trade opportunities between Thailand and China
Shanghai FTZ
Fujian FTZ
Guangdong FTZ
Tianjin FTZ
Thailand ***Negative List
3.2) Upgrading CAFTA (The China-ASEAN Free Trade Area),
encouraging the trade development opportunities between
Thailand and China, moving forward the building of 21st Century
“Maritime Silk Road”.
CAFTA
Thailand & China Trade
21st Century “Maritime Silk Road”
3.3) Constructing railroad connecting Thailand with China, constructing Asian
Connectivity system, improving Thailand transportation infrastructures,
improving logistics efficiency, building the trade development opportunities
between Thailand and China
3.4) The founding of Asian Infrastructure Investment Bank will be
Thailand’s new funding source.
3.5) RCEP (Regional Comprehensive Economic Partnership) will
encourage progress of the economic integration in the region and
will encourage the economic and trade relations between Thailand
and China.
4. Suggestions on how to develop Thailand and China
trade cooperation based on 21st Century “Maritime
Silk Road”
Working on Thailand Trade deficit with China and encouraging
trade development between the two countries.
Thai Government will play an active role in resolving the
conflict in South China Sea.
Improving land, air and maritime transportation system.
top related