Ambassador tells lawmakers that Ambassador’s country is “working toward creating a high-standard available economy.”
PUBLISHED: 17 May 2025 at 20: 09
In the face of uncertainty, China is welcoming more premium goods from Thailand and additional neighbors, according to Ambassador Han Zhiqiang.
In response to a question from the Thai Senate about whether his nation would expand market access to lessen the effects of a trade war, Mr. Han responded by saying that China has a middle-income population of 500 million people and a consumer market that is close to$ 7 trillion.
The Chinese Embassy made available the record of Mr. Han’s speech at a conference titled” Geography, the Global Market, and China’s Role: Possibilities and Difficulties for Thailand” on Saturday.
He addressed lawmakers ‘ questions during the event, and he discussed the state of the global and regional environment and China-Thailand relations.
In response to the Senate’s initial inquiry, Mr. Han stated that China has consistently emphasized its dedication to sharing growth prospects and dividends with additional nations by constantly advancing a high-standard open market.
He noted that China’s price levels are among the lowest among developing nations and are comparable to those of developed nations. The China International Import Expo, held yearly in Shanghai, has grown to be a key gateway for global goods entering China.
He noted that the China-Asean Free Trade Agreement 3.0 is anticipated to get signed within the year and that the island of Hainan will be transformed into a “free business area” this year.
Mr. Han claimed that having spent more than three decades working in Thailand, he has physically witnessed China and Thailand as good neighbors, as near relatives with blood relationships, and as partners with a shared future.
It is crucial for our two countries to uphold the tradition of working together through thick and thin, developing socially beneficial cooperation, and managing uncertainties, he said,” Faced with a turbulent global landscape and exterior risks and challenges.”
China is eager to share opportunities with Thailand and all nations, the embassy said, and it is still committed to high-quality growth and accessibility.
” China is a powerful producer and a significant business, with a consumer market worth almost$ 7-trillion. There is a lot of potential for China-Thailand expense and business partnership, he said, and there is a bright future ahead.
Our diplomatic ties are at a new historical moment as we celebrate the 50th anniversary of our diplomatic relations with China and Thailand.
The officials of both nations came to a discussion on participation across a range of disciplines during Prime Minister Paetongtarn Shinawatra’s visit to China in February, he claimed.
Perhaps more significant high-level markets are planned in the latter half of this year, he said. These will build on President Xi Jinping’s effective visit to Thailand in 2022, when the two countries set the goal of creating a group with a shared coming, he said.
In today’s sophisticated and stormy world, he said,” China stands ready to work with Thailand to seek for an even brighter future for our peoples, offer greater benefits to both countries, and add more stability and good energy into regional and global peace and prosperity.”