STORY: BRI deepens cooperation in various fields between ASEAN and China: Thai expert
SHOOTING TIME: Oct. 6, 2023
DATELINE: Nov. 1, 2023
LENGTH: 00:01:01
LOCATION: Bangkok
CATEGORY: ECONOMY

SHOTLIST:
1. various of Thailand-related footage
2. SOUNDBITE (Thai): SOMPOP MANARUNGSAN, President of Bangkok-based Panyapiwat Institute of Management

STORYLINE:

Sompop Manarungsan, president of Bangkok-based Panyapiwat Institute of Management, said that China-proposed Belt and Road Initiative (BRI) deepens cooperation between the Association of Southeast Asian Nations (ASEAN) countries and China in various fields such as trade and production.

SOUNDBITE (Thai): SOMPOP MANARUNGSAN, President of Bangkok-based Panyapiwat Institute of Management
"China has elevated its production capabilities, particularly in high-tech products.
China is also expanding its production bases abroad, with Southeast Asia, especially ASEAN countries, being the most accommodating.
Collaborations between China and Thailand in sectors like electric vehicles, involving companies like BYD, GreatWall, and Changan, have become common.
Favorable advancements in infrastructure, green energy, service sectors, and investments are promoted through initiatives such as BRI and the Regional Comprehensive Economic Partnership (RCEP)."

According to the Thailand Board of Investment, foreign investment applications in the first half of 2023 amounted to 364.4 billion baht (10 billion U.S. dollars), a 70 percent increase year-on-year, with China being the largest source of foreign direct investment (FDI) for the Southeast Asian country.

Xinhua News Agency correspondents reporting from Bangkok.
(XHTV)