2016年CRI China's Trina Solar Opens 200-Million-USD Plant in Thailand

 

Trina Solar is the world's largest manufacturer of photovoltaic modules¹. The company's new factory in Thailand's central Rayong province aims to increase its exports to the US, Europe and southeast Asian nations.

At the facility's opening ceremony on Monday, Trina Solar's Chairman and CEO Gao Jifan explained the company's decision to invest in Thailand.

"With the backdrop of the 'Belt and Road' initiative and the internationalization of China's industrial capacity, our strategic move to invest aboard can help us cope with the trade protection measures of the West, as well as gaining bigger local markets in areas that receive our investments. We began comprehensive market research in Southeast Asia two or three years ago, and we decided² Thailand was the best market to make our investment."

Gao adds the strong ties between China and Thailand, in addition to Thailand's supportive policies, have facilitated his company's decision to build the plant in the country.

Trina Solar was established in 1997 and is listed on the New York Stock Exchange. Its new facility in Rayong province will manufacture solar cells and photovoltaic modules.

It will account for 10% of the company's total production capacity and create 12-hundred jobs locally.

In recent years, a fast growing number of Chinese companies have invested in Thailand. 200 such firms have registered with the Chinese Embassy in Thailand.

Zhang Peidong is the commercial counselor³ at the Chinese Embassy in Thailand. She said on Monday that China and Thailand have enjoyed growing bilateral⁴ trade.

"Despite an overall slow world economy, China and Thailand have made significant progress in our trade relations. Last year our total import-export value reached 75.5 billion US dollars. While China's total import-export fell by 10%, the figure between China and Thailand increased 3.9%. Last year, China moved up two spots and became the 4th largest foreign investor⁵ in Thailand. These figures all very well demonstrate our trade development. "

Chinese investments in Thailand cover sectors⁶ that include industry, manufacturing, new energy, agriculture and tourism.

Thailand's Deputy Prime Minister Wissanu Krea-ngam was also at the opening event on Monday. He said Thailand is keen on attracting more foreign capital, including those from China.

"Our current government is working on three things to facilitate foreign investment in Thailand, and they include tariffs⁷, labor⁸ and land. We believe if we can properly address these issues, our commercial and investment environment will be improved. And that will help us attract more foreign investors⁹, including those from China. Thailand offers low labor costs, and we have very positive relations with China. We especially support green and clean industries."

China Minsheng Bank and Thailand's Siam Commercial Bank, or SCB, have provided loans for Trina Solar's facility.

SCB has focused on Chinese and Vietnamese inbound investors in Thailand. The bank says Trina Solar's arrival in Thailand will boost investment confidence in the country.

SCB adds that currently, other major Chinese solar cell producers, along with a number of Chinese companies in renewable energy and infrastructure¹⁰, have expressed strong interest in building plants in Thailand.

1 modules   

n.模块( module的名词复数 )；单元；（宇宙飞船上各个独立的）舱；组件

参考例句：

• The course consists of ten core modules and five optional modules. 这门课程包括十个必修单元和五个选修单元。
• Our English course is divided into modules on poetry, drama, and novels. 我们的英语课分为诗歌、戏剧和小说等单元。 来自《简明英汉词典》

2 decided   

adj.决定了的，坚决的；明显的，明确的

参考例句：

• This gave them a decided advantage over their opponents.这使他们比对手具有明显的优势。
• There is a decided difference between British and Chinese way of greeting.英国人和中国人打招呼的方式有很明显的区别。

3 counselor   

n.顾问，法律顾问

参考例句：

• The counselor gave us some disinterested advice.顾问给了我们一些无私的忠告。
• Chinese commercial counselor's office in foreign countries.中国驻国外商务参赞处。

4 bilateral   

adj.双方的，两边的，两侧的

参考例句：

• They have been negotiating a bilateral trade deal.他们一直在商谈一项双边贸易协定。
• There was a wide gap between the views of the two statesmen on the bilateral cooperation.对双方合作的问题，两位政治家各自所持的看法差距甚大。

5 investor   

n.投资者，投资人

参考例句：

• My nephew is a cautious investor.我侄子是个小心谨慎的投资者。
• The investor believes that his investment will pay off handsomely soon.这个投资者相信他的投资不久会有相当大的收益。

6 sectors   

n.部门( sector的名词复数 )；领域；防御地区；扇形

参考例句：

• Berlin was divided into four sectors after the war. 战后柏林分成了4 个区。 来自《简明英汉词典》
• Industry and agriculture are the two important sectors of the national economy. 工业和农业是国民经济的两个重要部门。 来自《现代汉英综合大词典》

7 tariffs   

关税制度； 关税( tariff的名词复数 )； 关税表； （旅馆或饭店等的）收费表； 量刑标准

参考例句：

• British industry was sheltered from foreign competition by protective tariffs. 保护性关税使英国工业免受国际竞争影响。
• The new tariffs have put a stranglehold on trade. 新的关税制对开展贸易极为不利。

8 labor   

n.劳动，努力，工作，劳工；分娩；vi.劳动，努力，苦干；vt.详细分析；麻烦

参考例句：

• We are never late in satisfying him for his labor.我们从不延误付给他劳动报酬。
• He was completely spent after two weeks of hard labor.艰苦劳动两周后，他已经疲惫不堪了。

9 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

10 infrastructure   

n.下部构造，下部组织，基础结构，基础设施

参考例句：

• We should step up the development of infrastructure for research.加强科学基础设施建设。
• We should strengthen cultural infrastructure and boost various types of popular culture.加强文化基础设施建设，发展各类群众文化。