BEIJING, May 18 (Xinhua) -- Thailand-Jiangsu (Xuzhou) investment opportunity exchange meeting, co-hosted by Thailand Board of Investment (BOI) and Jiangsu Sub-council of China Council for the Promotion of International Trade, was held in Xuzhou, Jiangsu Province on May 8.
More than 90 representatives from enterprises in Jiangsu attended the meeting, and Wu Guangyun, vice president of Thai-Chinese Rayong Industrial Zone, was also invited.
Wu Yiyi, director of Shanghai Office of BOI delivered a keynote speech on “Thailand: Asia’s hub with unlimited opportunities” and introduced the economic conditions and preferential policies of Thailand. According to her, Thailand has provided more investment opportunities, more favorable investment environment and more attractive investment policies for foreign investors. Moreover, enterprises approved by BOI may be exempted from corporate income tax for up to 13 years, can get tax reduction and exemption of imported machine and tax exemption of imported raw materials needed for export products, and are allowed to introduce foreign experts and professionals.
According to Yang Genhong, an official with Xuzhou Bureau of Commerce, from 2011 to 2017, 99 enterprises in Xuzhou invested 133 overseas projects with a total investment of 3 billion U.S. dollars.
During the meeting, Wu Guangyun also introduced the latest investment of enterprises in Rayong Industrial Zone. And all the attendees of the meeting discussed on investment policies and opportunities of Thailand.
(Edited by Liu Yu and Tong Wei, tongwei@xinhua.org)
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