Category Archives: Business

China-ASEAN Expo kicks off promotion in Thailand

The Secretariat of the China-ASEAN Expo (hereinafter referred to as the China-ASEAN Expo) introduced on the 25th that from April 22 to 24, Liang Yiguang, Deputy Secretary-General of the Secretariat of the China-ASEAN Expo, led a working group to open the first stop of the China-ASEAN Expo in ASEAN countries in 2024 in Thailand. Overseas promotion.

While in Thailand, the working group visited the Economic and Commercial Office of the Chinese Embassy in Thailand, the International Trade Promotion Department of the Ministry of Commerce of Thailand, the co-organizer of the China-ASEAN Expo, the Thailand Investment Promotion Board, and the China-ASEAN Expo Supporters Association.

Pushi, director of the International Trade Promotion Department of the Ministry of Commerce of Thailand, said that Thailand has always listed the China-ASEAN Expo as a key exhibition to support. The recruitment of exhibitors and the selection of “Charming City” for the 21st China-ASEAN Expo have been launched. The Small and Medium Enterprises Development Association will also be invited as a new force to jointly organize the exhibition and promote more Thai specialty products to enter the world market through the CAEXPO platform. Thailand will organize Thai high-tech enterprises to participate in the newly established ASEAN high-tech product exhibition area at this year’s China-ASEAN Expo.

The relevant person in charge of the Thailand Investment Promotion Commission actively stated that they will continue to carry out and participate in investment promotion activities through the CAEXPO platform. In addition to supporting the CAEXPO Investment Cooperation Roundtable and the ASEAN Industrial Park Investment Conference, and holding a Thai investment opportunity promotion conference during the conference, they will also recommend High-tech parks and enterprises from Thailand’s Eastern Economic Corridor participated in the exhibition.

Lin Chuqin, Chairman of the Chinese Chamber of Commerce in Thailand, said that since the establishment of the China-ASEAN Expo, it has continuously promoted the in-depth development of the China-ASEAN strategic partnership. The Chinese Chamber of Commerce in Thailand will strongly support and fully cooperate with the promotion, investment and exhibition work of the 21st China-ASEAN Expo in Thailand.

Xiaopeng Automobile officially entered the ASEAN market

On March 26, Xpeng Motors announced the establishment of a long-term strategic partnership with Thai dealer group Neo Mobility Asia at the 45th Bangkok International Motor Show. This cooperation marks Xpeng Motors’ official entry into the ASEAN market.

As Xpeng Motors’ Internationalization 2.0 process accelerates, more and more high-quality dealers in Southeast Asia, including dealer groups such as Singapore’s Premium Automobiles and Malaysia’s Bermaz Auto, have joined the ranks of Xpeng Motors’ partners.

Xpeng Motors will launch the right-hand drive version of the Xpeng G6 in Thailand, Singapore and Malaysia, with delivery scheduled to begin in the third quarter of this year.

Byd is investing $1.3 billion in Indonesia

Today, BYD launched three pure electric models in Indonesia, which means BYD’s overseas expansion is further.

Airlangga Hartarto, Indonesia’s minister of Economic coordination, said at the press conference that BYD will invest $1.3 billion (about 9.373 billion yuan) to build a car factory in Indonesia, with an expected capacity of 150,000 vehicles.

BYD ATTO 3 (Yuan PLUS) is its first “strategic global passenger car”, and the overseas version of BYD ATTO 3 has been delivered in more than 70 countries and regions in Asia Pacific, Europe, the Americas, and Central and East Africa.

The car also won the pure electric vehicle sales champion in Sweden, Singapore, New Zealand, Thailand and other countries, with a cumulative export volume of more than 140,000 units.

In addition, BYD will set up a large production base consisting of three factories with the Brazilian state government of Oia, with a total investment of 3 billion reais (equivalent to about 4.5 billion yuan).