CP Group Joins PM's Delegation to Open BOI Chengdu

Khaosod•Economy•1d ago

Reader Briefing

Suphachai Chearavanont accompanied Prime Minister Anutin Charnvirakul to open the Board of Investment (BOI) office in Chengdu, China.

•Suphachai Chearavanont joined Prime Minister Anutin Charnvirakul's delegation to open the BOI office in Chengdu, Sichuan Province.
•Charoen Pokphand Group operates over 670 companies across 32 provinces, municipalities, and autonomous regions in China.
•Suphachai Chearavanont proposed that Chinese investors in Thailand apply the 'Three Benefits' philosophy of Charoen Pokphand Group.
•Charoen Pokphand Group and SAIC Motor have invested over 900 million US dollars in Thailand.

Overview

•Suphachai Chearavanont joined the delegation of Prime Minister Anutin Charnvirakul to open the Board of Investment (BOI) office in Chengdu, Sichuan Province.
•Charoen Pokphand Group was invited by the Chinese government to help develop the country, particularly food security, in 1979.
•Charoen Pokphand Group established a company in Chengdu in 1985, becoming the first foreign company in Sichuan Province.
•Charoen Pokphand Group employs nearly 220,000 people across more than 670 companies in China.
•In Sichuan Province, agricultural and livestock production value of Charoen Pokphand Group is expected to exceed 10,000 million yuan in 2025.
•Suphachai Chearavanont stated that the 'Three Benefits' philosophy prioritizes benefits for the host country first, then the local people, and finally the company.
•Suphachai Chearavanont highlighted the 'Zitong 500,000 Pig Project' as an example of the Public-Private-People Partnership (PPP) model helping over 3,000 households.
•Suphachai Chearavanont suggested linking Thailand's strengths in electronics and agriculture with China's New Quality Productive Forces policy.

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Key Quotes

Suphachai Chearavanont

"For nearly half a century, Charoen Pokphand Group has believed in the potential of China, and today we still believe in the future of Thai-Chinese relations as before."

เกือบครึ่งศตวรรษที่ผ่านมา เครือเจริญโภคภัณฑ์เชื่อมั่นในศักยภาพของประเทศจีน และในวันนี้เรายังคงเชื่อมั่นในอนาคตของความสัมพันธ์ไทย–จีนเช่นเดิม

Key Entities

Person

Suphachai Chearavanont(ศุภชัย เจียรวนนท์)ℹ️

Senior Vice Chairman of Charoen Pokphand Group.

Anutin Charnvirakul(อนุทิน ชาญวีรกูล)ℹ️

Prime Minister and Minister of Interior.

Thanin Chearavanont(ธนินท์ เจียรวนนท์)

Senior Chairman of Charoen Pokphand Group who emphasized the 'Three Benefits' philosophy.

Organization

Charoen Pokphand Group(เครือเจริญโภคภัณฑ์)ℹ️

A conglomerate operating over 670 companies in China across various sectors including agriculture and technology.

Board of Investment(คณะกรรมการส่งเสริมการลงทุน)

An organization that opened a new office in Chengdu, Sichuan Province.

SAIC Motorℹ️

A partner of Charoen Pokphand Group in Thailand with an investment of over 900 million US dollars.

Place

Chengdu(นครเฉิงตู)ℹ️

A city in Sichuan Province where the BOI office was opened.

Sichuan Province(มณฑลเสฉวน)ℹ️

A province in China where Charoen Pokphand Group has over 20 affiliates.

People's Republic of China(สาธารณรัฐประชาชนจีน)ℹ️

The country visited by the Thai delegation.

Thailand(ประเทศไทย)ℹ️

The country represented by the visiting delegation.

Policy

New Quality Productive Forces

China's highest economic strategic policy.

Belt and Road Initiativeℹ️

A framework for cooperation mentioned by Suphachai Chearavanont.

Law

ASEAN-China Free Trade Area(ความตกลงการค้าเสรีอาเซียน–จีน)ℹ️

A trade agreement referred to as CAFTA 3.0.