Thai-Chinese trade fair expected to enjoy massive boost
NEXT MONTH'S "Asean (Bangkok) China Import & Export Commodities Fair" is expected to boost Thai-Chinese trade to the tune of Bt2 billion.
The fair, which is hosted by the Asian-International Trade and Investment Association (AITIA), will be held at Halls 5-6 of Impact Muang Thong Thani from November 27 to 29.
Marking the 40th anniversary of Thai-Chinese relations, it will presage the launch of the Asean Economic Community (AEC) at the end of this year.
Wu Zhiyi, chairman of AITIA, said more than 3,000 categories of export consumer products would be on display at the fair, which will attract more than 1,500 Chinese businesspeople for trading and business matching.
“More than 200 companies from 15 Chinese provinces involved in the import and export of cosmetics, spa products, foods, beverages, garments, electrical appliances, machinery, motorbikes, construction materials and medical equipment will be represented,” he said.
“SME clinics” hosted by each participating Chinese province will also be part of the event and will provide knowledge to operators of Thai small and medium-sized enterprises on opening and running a successful business in China. One of the highlights will be a lecture from the Intellectual Property Rights of China agency in Beijing on IPR issues related to the building of Thai brands in China.
Visitors to the fair will also have an opportunity to visit a Thailand Pavilion, the first to be set up at a domestic fair.
The fair will bring together more than 100 Thai entrepreneurs to meet with Chinese visitors and buyers as well as Thai buyers interested in acquiring local products of export standard at reasonable prices and in special promotions especially provided for the fair.
“There will also be seminars and symposiums covering such subjects as business, investment, innovations and China’s superb technology that will allow for the sharing and exchange of knowledge and experience among entrepreneurs, academicians and the general public,” Wu said.
Shortage of resources
“China’s consumer market tops 1 billion people, and this has led to a shortage of resources. Thai products therefore have many opportunities to grow and thrive in the Chinese market. Chinese people feel safe about visiting Thailand and setting up bilateral trade and businesses.”
China’s economy might be showing signs of a slowdown but its economic foundations and potential as well as its durable financial means ensure the stability of the country. It is thus seen as an excellent source of income for Thailand.
The AITIA currently has a membership of more than 1,000 Thai entrepreneurs involved in many kinds of products and has the objectives of supporting trade, investment and cooperation between Thai and Chinese entrepreneurs as well as other countries in Asia and in the world.
Its first mission is to prepare for Thailand entering the AEC this year and extending its assistance in subsequent years.
