CP Group Senior Vice Chairman Joins PM to Open BOI Chengdu

Matichon•Economy•1d ago

Reader Briefing

Suphachai Chearavanont joined Prime Minister Anutin Charnvirakul to open the Board of Investment (BOI) office in Chengdu, China, and discussed investment cooperation.

•Suphachai Chearavanont attended the opening of the BOI office in Chengdu, Sichuan Province, as part of Prime Minister Anutin Charnvirakul's delegation.
•Charoen Pokphand Group (CP Group) has operated in China for nearly 50 years, starting in 1979 as the first foreign company to invest in mainland China.
•CP Group currently operates over 670 companies across 32 provinces, municipalities, and autonomous regions in China.
•Suphachai Chearavanont proposed that Chinese investors in Thailand adopt the "Three Benefits" philosophy to ensure mutual growth and knowledge transfer.

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 entered China in 1979 as the first foreign investor and established a company in Chengdu in 1985.
•Charoen Pokphand Group currently has over 670 companies in China with nearly 220,000 employees.
•In Sichuan Province, Charoen Pokphand Group has over 20 affiliates with an agricultural and livestock output value exceeding 10,000 million yuan in 2025.
•Suphachai Chearavanont highlighted the "Three Benefits" philosophy of Senior Chairman Dhanin Chearavanont, which prioritizes benefits for the host country, then local people, and finally the company.
•The "Zitong 500,000 Pig Project" in China used a Public–Private–People Partnership (PPP) model to raise the income of over 3,000 households.
•Charoen Pokphand Group and SAIC Motor invested over 900 million US dollars in Thailand with a production capacity of over 100,000 vehicles per year.
•Suphachai Chearavanont suggested linking Thai electronics and agricultural industries with China's New Quality Productive Forces policy.

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Source: Matichon (Original)

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 CP Group who joined the Prime Minister's delegation to China.

Anutin Charnvirakul(อนุทิน ชาญวีรกูล)ℹ️

Prime Minister and Minister of Interior who led the delegation to the People's Republic of China.

Dhanin Chearavanont(ธนินท์ เจียรวนนท์)ℹ️

Senior Chairman of CP Group who emphasized the "Three Benefits" philosophy.

Organization

Charoen Pokphand Group(เครือเจริญโภคภัณฑ์)ℹ️

A conglomerate that was the first foreign company to invest in mainland China in 1979.

Board of Investment(คณะกรรมการส่งเสริมการลงทุน)

The agency that opened a new office in Chengdu, Sichuan Province.

SAIC Motorℹ️

A partner of Charoen Pokphand Group that invested over 900 million US dollars in Thailand.

Place

Chengdu(นครเฉิงตู)ℹ️

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

Sichuan Province(มณฑลเสฉวน)ℹ️

The Chinese province where Charoen Pokphand Group established its first foreign company in the region in 1985.

Policy

New Quality Productive Forces

China's highest economic strategic policy mentioned by Suphachai Chearavanont.

Belt and Road Initiativeℹ️

A framework for cooperation mentioned as a means to enhance economic ties.

Law

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

A trade agreement, specifically version CAFTA 3.0, mentioned for upgrading economic cooperation.