On June 25, a business networking event targeting the ASEAN market – Liyang-Thailand Investment Promotion Conference – took place in Liyang. Government and business representatives from both sides engaged in in-depth discussions to seek win-win cooperation. The event aims to establish a regular exchange mechanism, paving the way for the outbound investment of Liyang local enterprises.

Openness is the secret of Liyang's rapid development. In recent years, an increasing number of Liyang enterprises have gone global, with businesses expanded to the Southeast Asia, Europe, and North America. Thailand, with its unique location and booming market demand, has become a key overseas destination for the manufacturing companies in Liyang. According to statistics, in 2025, the bilateral trade volume between Liyang and Thailand recorded 240 million yuan, up 4.66% year-on-year. Seven Liyang companies, including Hanway Vehicle Industry, Kehua Holdings Co., Ltd. have taken root in Thailand, demonstrating strong potential for cooperation.

Representatives from relevant business promotion agencies were also at the event. According to the CCPIT Jiangsu Sub-Council, it will stay in close contact with the overseas agencies, establish practical platforms and support the steady development of Chinese enterprises in the ASEAN countries. The Shanghai office of the Thailand Board of Investment deems that Liyang enterprises have keen market insight and a strong technological foundation. By leveraging Thailand's local resources, they can unlock greater value along the industrial chain and work together to underpin their global strategic expansion.

At the promotion session, the Thai delegation gave a thorough presentation on foreign investment policies, industry liberalization trends, and the strengths of Thailand's business environment. Following that, the Shanghai Branch of Bangkok Bank rolled out actionable financial solutions to address corporate concerns over cross-border settlement and financing support. In the subsequent open networking session, constructive and spirited discussions took place among government officials, bankers, and business representatives, yielding a number of preliminary cooperation agreements. The on-site atmosphere was pragmatic and vibrant.

Ahead of the conference, the delegation made field visits to four manufacturing industry leaders – Joel Plastics, Kehua Holdings, SRF Testing, and HengLian Machinery – to observe production lines and support capabilities up close. During the subsequent roundtable discussion, both sides exchanged ideas on overseas investment, technical cooperation, and project execution, with demand-supply matchmaking directly tackling core challenges and clarifying the road ahead for collaboration. This dual approach of "on-site visits + dialogue" has turned industrial synergies from theoretical concepts into real action, breathing fresh momentum and new possibilities into cross-border economic ties.

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