China can be a cooperation priority in anything to do with technology, said Vikrom Kromadit, chairman of the Thailand-China Business Council, as he noted that driven by the joint construction of the Belt and Road Initiative (BRI), cooperation potential among China, Thailand and ASEAN will be further released.
Tesla will construct a new Gigafactory near Monterrey, and at least 26 Chinese firms already have boots on the ground in Mexico or have announced plans to expand their presence in the auto sector.
China has remained Thailand's largest trading partner for nine consecutive years, and has been a major export market for Thailand's agricultural products. Bilateral trade surged 3 percent year-on-year to $135 billion last year, according to data from China's General Administration of Customs.
Thailand has been a consistent recipient of Chinese investment for some time, and its geostrategic position has made it an important destination for many Chinese investors.