China-Thailand visa free ,opportunities in the Robotics Industry!

Introduction: China's recent announcement of a permanent visa-free policy with Thailand has opened up new avenues for trade and economic cooperation in Southeast Asia, as the region gradually recovers from the pandemic and resumes business exchanges.

Thailand's Total Global Import Trade from January to September 2023:

Due to Thailand's relatively lower technological capabilities, the country heavily relies on imports of medium and high-end electromechanical products.

- Electromechanical equipment: $43.5 billion (20.8% of total imports)

- Mineral fuels, including oil: $28.8 billion (13.8%)

- Machinery, including computers: $26 billion (12.5%)

- Vehicles: $9.5 billion (4.6%)

- Steel: $9.3 billion (4.5%)

The market for robotic ?#eoat in Thailand is expanding rapidly.EOAT is widely used in the automotive industry, where robotic arms play a vital role in processes such as demoulding and injection moulding of interior and exterior automotive components.

Video of eoat in the automotive industry

1. Great Wall Motor launches new models in Thai market.
2. BYD builds electric car plant in Thailand.

The remarkable growth of the Thai automotive market, the launch of new models by Great Wall Motor and BYD's plans to establish an electric vehicle plant in Thailand highlight the huge potential of the Thai #automotive market and its manufacturing capabilities.

The permanent visa-free policy between China and Thailand brings new opportunities for the #robotics industry, providing companies with a broader market and room for development. Multinational companies are able to participate in barrier-free trade, so let's seize the opportunity together!

This is not only the dream of an enterprise, but also in line with the era of the great powers.

Discover more on our website:https://crgeoat.com/

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