Full text: Joint Press Communique between China and Thailand(2)

7. The Thai side reiterated its firm adherence to the One-China Policy, and rendered full support for the peaceful development of cross-strait relations and China's peaceful reunification.

8. The Leaders of the two countries applauded the outcome of the Third Meeting of the Joint Committee on Trade, Investment and Economic Cooperation between the Government of China and Thailand. They reaffirmed their full support to the work of this important mechanism to enhance cooperation in areas such as trade, investment, infrastructure, finance, energy, tourism, rubber industry and information communication and aerospace technology. The two sides agreed to make continuous efforts to promote and facilitate trade and cooperation of agricultural products. The Thai side welcomed the increased Chinese investment in Thailand, especially in greater value-added industries. Both sides look forward to working together to achieve the target of a combined number of tourist arrivals of 5 million between the two countries in 2016.

9. The two sides supported the re-invigorating of the various working groups between Thailand and the local governments of China to promote trade and investment and tourism between both sides.

10. Both sides reaffirmed the common vision for regional growth, prosperity and connectivity. In this regard, both sides welcomed the signing of the Memorandum of Understanding on Cooperation on the Thailand' s Railways Infrastructure Development on The Strategic Framework for Development of Thailand' s Transportation Infrastructure 2015-2022 and the Memorandum of Understanding for Cooperation on Agricultural Products Trade between the government of the People' s Republic of China (PRC) and the government of the Kingdom of Thailand. Both sides shared the view that these two agreements will add a new momentum to the existing close China-Thailand relations and contribute to the long-term progress and development of the region as a whole. The two sides will work on the specific details of the project to bring about its early implementation.

11. The Thai side expressed her support to China' s initiatives on Silk Road Economic Belt and Maritime Silk Road in the 21st Century. Thailand supported the constructive role of China in promoting regional connectivity through infrastructure development, including the establishment of the Asian Infrastructure Investment Bank (AIIB). Both sides attached importance to stepping up efforts in facilitating cross-border transport of goods and passengers between China and Thailand and the region through the main road networks such as the R3, R8 and R12 with a view to promoting trade, investment, tourism and people to people cooperation.

12. Both sides agreed to deepen financial and banking cooperation and to intensify efforts to promote the use of local currency with a view to facilitating bilateral trade and investment by establishing the Renminbi Clearing Banks in Thailand and renewing the existing Bilateral Swap Agreements (BSA).

13. The two sides agreed to share technologies, experiences and best practices in the areas of water resource management, flood prevention and disaster relief, to actively carry out relevant projects, and to explore cooperation in other potential areas of mutual interest.