Why do Chinese enterprises prefer Thailand when expanding their business into Southeast Asia?
Drawing on Zhongxin Tax‑Group’s long‑term in‑depth experience in Thailand, Thailand is not the Southeast‑Asian nation with the lowest wages, lowest tax rates or strongest logistics performance. Nevertheless, for Chinese manufacturing enterprises planning to build long‑term production bases in Southeast Asia, import machinery, establish local supply chains and serve both domestic and export markets, Thailand’s advantage lies in its well‑balanced comprehensive strengths: mature manufacturing supply chains, complete BOI policy framework, sizable local‑market scale, relatively high‑ranked logistics capacity within ASEAN, and an emerging cluster ecosystem of professional services oriented toward Chinese‑invested enterprises.