By Wu Xiaoyun

Recently, the Thailand and Vietnam Investment and Cooperation Exchange Conference hosted by Nantong Bureau of Commerce and Nantong sub-council of China Council for the Promotion of International Trade was held. The purpose of the activity is to help enterprises understand the market environment and investment policies of Thailand and Vietnam, and utilize existing overseas parks to ‘go global’, to further deepen the international trade and investment cooperation.

In the past few years, Nantong enterprises have grabbed the opportunities in Southeast Asian markets, strengthened economic and trade cooperation with Southeast Asian countries, and have obtained remarkable achievements. Up to now, Nantong enterprises have established and invested in 176 overseas projects. The contractual investment amount from the Chinese side reached 3.041 billion US dollars. Among them, 22 projects are in Thailand, mainly involving three major fields which are manufacturing, financial service and e-commerce; 43 projects are in Vietnam, concentrated in processing and manufacturing, real estate and power generation industries.