China and Thailand sign a memorandum of understanding to strengthen industrial supply chain economic cooperation

According to the Memorandum of Understanding, both sides agree to promote economic cooperation in the production supply chain between the two countries, hold regular meetings, strengthen exchanges, support relevant government departments, localities, enterprises, etc. of the two countries to continuously deepen and promote practical cooperation, better create a favorable business environment for enterprises of the two countries, and jointly address challenges. In recent years, the potential for cooperation between China and Thailand in the production and supply chain has been continuously released. The signing of the Memorandum of Understanding will promote the establishment of a pragmatic and efficient production and supply chain cooperation platform between China and Thailand, maintain the security, resilience, and smoothness of the supply chains of the two countries, and jointly create a closer economic cooperation relationship between China and Thailand in the production and supply chain.