| In today’s process of economic globalization,attracting foreign capital has been seen as an important factor affecting economic development,especially foreign direct investment,which plays a direct role in promoting economic growth in developing countries.Since the formal establishment of diplomatic relations between China and Thailand in 1975,the international direct investment and trade between the two countries have achieved rapid development.This paper begins with the theory of international trade,analyzes the current situation of China’s investment in Thailand in the post-crisis era.It is found that the Chinese enterprises directly investing in Thailand since the international financial crisis in 2007 mainly concentrated in the metal products and machinery and service industries,especially In the metal products and machinery,in the past seven years to develop more quickly.As the FDI industry in Thailand is relatively diverse and decentralized,especially in 2008-14,both in terms of the number of projects or the amount of Chinese enterprises in the metal products machinery,electrical and electronic products are more,followed by agricultural products The number and amount of Chinese companies investing in Thailand are increasing.At present,the majority of Chinese companies investing in Thailand are mainly focused on small and medium-sized enterprises that do not invest more than 500 million baht.From the point of view of foreign direct investment,there are more projects in the second region than the major investment projects before or after the investment is approved.Based on the theory of economic growth,the establishment of the model,the use of 2003 to 2014 China’s direct investment in Thailand data,Granger causality test proved that China’s FDI significantly contributed to the growth of GDP in Thailand,China’s direct investment in Thailand will increase 1%Thailand’s GDP rose 0.023498%.In view of the relevant theoretical analysis and empirical test,in the post-crisis era,for the longer-term economic development of Thailand,the Thai government should be better in the following areas:1.actively introduce preferential policies.The Thai government to actively introduce some of the more preferential policies or to cancel some of the factors may bring unfavorable factors,such as:to simplify the approval process,shorten the approval time,a positive tax cuts,in order to attract more Chinese enterprises to Thailand these Aspects of industry investment increased.2.Thailand to improve its investment environment.Thailand should further increase its economy’s openness,reduce the cost of foreign business operations in Thailand,improve the system of attracting foreign investment systems and enhance its competition among Asian’s major foreign investment countries on the basis of continuous economic development.The use of foreign capital to better serve their own economic development,to promote the upgrading of their technological level and the transformation of industrial structure,3.Focus on industrial restructuring.Thailand,while emphasizing the development of industry,must also see the importance of the tertiary industry,so that the industry has been balanced development.The Thai government should enrich and diversify its investment in the areas and sectors of its investment,and guide the direction of foreign direct investment through policies,such as heavy industry,machinery,metallurgical industry,the use of natural resources and easy to cause pollution and other industries toimprove the entry threshold,To social services,education,research and development and other industries to give policy support to promote the secondary industry with the tertiary industry with the development,diversification and optimization of industrial structure,to create a healthy industry production chain. |
