Recently, Baosteel Metal and Thailand Chia Tai Group's easy early Industrial Group signed a strategic cooperation letter of intent. Under the agreement, both sides will be the starting point for the metal packaging business cooperation, and gradually expand to metal products and industrial gases business, and common development to expand the Southeast Asian market and achieve win-win situation.
ASEAN ten-owned 600 million population, rapid economic development momentum in recent years, in Asia, except China's second largest market, the huge potential for future development. Baosteel Metal 2013 established canning factory in Vietnam has been successfully put into production, according to the company plan, the next step will accelerate the expansion of the international market, especially in Southeast Asia, to achieve the strategic growth of mature businesses. The CP Group is one of the world's largest Chinese multinational companies, businesses involved in industrial, commercial retail, finance, farming and food, have investments in most Southeast Asian countries, there is a wide range of political and economic network of resources within the region. The cooperation between the two sides, can make use of complementary advantages, to achieve mutual benefit and win-win.