IBI's LYDD Attends China-Thailand Digital Economy Summit Forum in Thailand, Deepening Cross-Border Layout for Southeast Asian Cooperation
November 21, 2025, 4:24 PM
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Guide
Highlights at a glance
This year marks the 50th anniversary of China-Thailand diplomatic relations, celebrated with the 2025 China-Thailand Digital Economy Summit Forum in Bangkok. Co-supported by digital economy authorities from both nations, the forum promotes regional digital connectivity and industrial collaboration. The China Information Industry Association led a delegation, including LYDD, a key player in cross-border e-commerce. LYDD has been expanding in Thailand since 2024, notably signing a strategic agreement with Thailand’s Rubber Authority (RAT) to enhance agricultural trade and build overseas warehouses. At the summit, LYDD highlighted its vision of creating integrated digital supply chains across Southeast Asia, combining Chinese technology with local market needs. The company was recognized as a "China-Thailand Digital Economy Model Enterprise" for its pioneering role in advancing the Digital Silk Road. This cooperation exemplifies how digital innovation can drive mutual growth and deepen bilateral economic ties.
This year marks the 50th anniversary of the establishment of diplomatic relations between China and Thailand. To further deepen exchanges and cooperation between the two countries in the fields of digital economy and platform economy, and support Chinese enterprises in going global, the China Information Industry Association has organized the "2025 China-Thailand Digital Economy Cooperation Delegation" to visit Thailand for exchanges.
The "2025 China-Thailand Digital Economy Summit Forum" was held in Bangkok, Thailand, serving as a key component of the series of celebrations for the 50th anniversary of China-Thailand diplomatic relations. Co-supported by the digital economy authorities and relevant institutions of both countries, the forum aims to deepen regional digital interconnection and industrial collaborative development. As a representative entity, LYDD was invited to participate in the forum held on November 19, as well as related industrial matching and business inspection activities.
The forum gathered representatives from digital and communications authorities, digital application departments, international organizations, enterprises, chambers of commerce and associations in China, Thailand, and other South and Southeast Asian countries, jointly promoting high-standard, wide-ranging, and multi-level exchanges and cooperation in the digital field.
As early as 2024, LYDD had already initiated its layout in the Thai market. In September last year, LYDD officially signed a strategic cooperation agreement with the Rubber Authority of Thailand (RAT).
At the 2024 IBI Duoduo 99 Chain Business Festival, Chanin Senatham, Minister-Counsellor of the Royal Thai Embassy in China, highly commended IBI's achievements in digital economy development and its business operation model. He expressed the hope that taking this exchange as an opportunity, enterprises from both countries would fully leverage their role as bridges in cross-border transactions and bilateral cooperation.
Pek Leetwong, Chairman of the Board of Directors of the Rubber Authority of Thailand, also stated: "Thailand is endowed with abundant natural resources and high-quality agricultural products. The development of industrial internet and digital technologies has provided an excellent pathway for cross-border cooperation, truly achieving mutual benefit and win-win results for both parties." In September last year, the LYDD · Rubber Authority of Thailand Business Delegation visited Qingzhou City, Shandong Province. The delegation held in-depth discussions with the Qilu Business Department of Sinotrans Huazhong Co., Ltd., during which the two parties reached a consensus and signed a strategic cooperation agreement covering the import of Thai agricultural products, the export of Chinese agricultural materials and machinery, and the joint construction of overseas warehouses in Thailand.
Zhao Yingjie, Assistant to the CEO/Director of Foreign Investment of LYDD, noted in his speech session that the expansion of cross-border business in Southeast Asia is not merely simple commodity trade, but rather the construction of a complete industrial chain ecosystem. The company's cross-border e-commerce business boasts broad prospects for global deployment and market development. With the in-depth advancement of China-Thailand digital economy cooperation, LYDD, relying on its established cross-border business network, is expected to play a more important role in building the Digital Silk Road. Application scenarios integrating Chinese digital technologies with the characteristics of the Southeast Asian market are constantly expanding. LYDD's layout in Thailand has become an important part of China-Thailand digital economy cooperation, providing more practical cases for the joint construction of the "Digital Silk Road."
After the forum, Chamaiporn Chuecharoen, Honorary Chairman of the Asian International Trade and Investment Chamber of Commerce, as an award presenter, conferred upon LYDD the honorary certificate of "China-Thailand Digital Economy Model Enterprise." Zhang Li, Vice President of the Strategic Development Department of LYDD, accepted the award on behalf of the company.
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