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The important note

The 16th CAEXPO will be held on:

Sep 21st-24th,2019 8:30-17:00 (Trade Days)

Sep. 24th,2019(Public Day)

CAEXPO News

CAEXPO Helps Thailand-China Cooperation Usher in a New Chapter

Source: CAEXPO Wechat    Time:2019-09-07 19:20:16

CAEXPO

 

Thailand-China economic and trade cooperation has yielded fruitful results. China is Thailand’s largest trading partner while Thailand is China’s third largest trading partner among ASEAN countries. In 2018, the trade volume between Thailand and China reached $87.52 billion, a year-on-year increase of 9.2%. 

 

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 Thailand. By Li Qian

 

In 2018, China’s new direct investment in non-financial sectors in Thailand stood at $640 million, a year-on-year increase of 26.9%. By the end of 2018, Chinese enterprises had signed contracts for engineering projects in Thailand with a contract value of $28.1 billion, and the volume business reached $21.81 billion. The China-ASEAN Expo, as a key platform for friendly exchanges, economic and trade cooperation and collaboration in multiple fields between China and ASEAN countries, has contributed to the in-depth exchanges and cooperation between Thailand and China.

 

Mutual benefit and common prosperity
 
 

 

Geographically as neighbors, Thailand and China have cultural communication and close ties. The peoples of the two countries enjoy profound and long-standing friendship. In recent years, the bilateral exchanges and cooperation in the fields of economy, trade, science and technology, education, and culture have been advancing steadily. The “Belt and Road” initiative offers a new opportunity for the common development of Thailand and China. As Thailand-China high-speed rail project, China-Thailand industrial park and other cooperation projects are being implemented, the bilateral cooperation in various fields reaches a stage of rapid development. Many China-Thailand projects promoted by China-ASEAN Expo, such as the EPC project of residential housing by the National Housing Authority of Thailand and the expansion project of Uthai Thani Sugar Mill in Thailand, are the prime examples.

 

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Thailand investment policy promotion conference

 

Since the debut of the 1st China-ASEAN Expo in 2004, Thailand has been actively involved in the expo to showcase the country’s image and achievements and business opportunities in all spheres.

 

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The 15th CAEXPO Thailand pavilion

 

The Thai government sets great store by China-ASEAN Expo, as evidenced by the presence of many leaders. Thailand served as the theme country at the 12th China-ASEAN Expo. The Thai Chinese Chamber of Commerce in Thailand, Federation of Thai Industries, the Thai-Chinese Chamber of Commerce, the Thai Chamber of Commerce and Industry, and the Thai Chinese Exim Association, etc. have participated in the China-ASEAN Expo as a group for many years.

 

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The 15th CAEXPO Thailand pavilion

 

During the 15th China-ASEAN Expo, Thailand’s fragrant rice, balm, snack food, curry sauce, dried durian, and Tom Yum Goong condiments are the most-sought-after “star products”, while rubies, jade, gold and silver jewelry are also highly popular. Besides, Thai rubber products, cosmetics products, light industry products and arts and crafts, etc. are widely praised. Many exhibitors saw a wealth of orders, and the exhibits were sold out. According to incomplete statistics, the total turnover at the exhibition site reached RMB 4.48 million. During the expo, Thailand also organized a cornucopia of activities. 

 

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The 15th CAEXPO Thailand pavilion

 

The Thailand Board of Investment held a promotion meeting on investment opportunities in Thailand, introducing the business environment and investment policies, and so forth in Thailand. The ASEAN – China Chamber of Commerce and Industry held the 4th ASEAN - China Economic Community Integration Strategy Cooperation Forum. The Thai Amata Corp. PCL signed a cooperation project contract with Nanjing Niushoushan Culture and Tourism Investment Group and Jiazhi Investment Group to jointly build the Amata China Smart City in Thailand, with an intended amount of $10 million. Thailand Siam Global House Co., Ltd. held the “Thai purchasing briefing for large-scale furniture and building materials enterprises”, in which a total of 94 Chinese building materials and furnishing enterprises participated, and 18 enterprises reached cooperation intention.

 

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The 15th CAEXPO Thailand pavilion

 

In 2018, Thailand saw 10.5 visits from Chinese tourists, a year-on-year increase of 7%, setting a record high. This is attributed to the promotion of the two governments and the active participation of the business community, and also to the important role played by China-ASEAN Expo. In recent years, various Thai cities, including Khon Kaen, Chon Buri, Samut Prakan, Chiang Rai, Trat, and Nakhon Si Thammarat, debuted at China-ASEAN Expo as a “City of Charm”, showcasing their unique tourism resources and opportunities for investment cooperation. Apart from Bangkok, Chiang Mai and Phuket, Chinese people set their foot in the whole country.

 

New China-ASEAN Expo for a new chapter in cooperation
 
 

 

The 16th China-ASEAN Expo is slated to be held in Nanning, China from September 21-24, 2019, and continues to serve as an important platform for exchanges and cooperation between China and ASEAN countries such as Thailand.

 

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The 15th CAEXPO Thailand pavilion

 

At this year’s China-ASEAN Expo, Thailand will have independent use of the D6 pavilion at the Nanning International Convention and Exhibition Center. Buri Ram is selected as the City of Charm, with a planned exhibition area of 270 square meters. Thai products on display feature food and beverage, fashion goods, jewelry, furnishings and decoration, health and cosmetics.

 

During the China-ASEAN Expo, the Thailand Board of Investment will also hold Thailand Investment Opportunity Promotion Conference to introduce the latest preferential investment policies, the construction plan of Thailand’s eastern economic corridor as well as investment opportunities in industrial parks, and actively responds to the “Belt and Road” initiative to help Chinese enterprises enter the Thai and ASEAN markets.

 

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The 15th CAEXPO Thailand pavilion

 

Under the theme of “Implementing the Belt and Road Initiative and Upholding the Vision of Cooperation”, this year’s China-ASEAN Expo offers many highlights. In addition to the meetings for leaders and the opening ceremony, high-end coordination events for governments and business community will be held. The Thai business community will have the opportunity to meet face-to-face with the government leaders and secure high-quality information.

 

China-ASEAN Expo is based on and has served the China-ASEAN Free Trade Area for 15 years. Being open to the world, it is committed to promoting economic and trade contacts between the countries along the Belt and Road and the economies in the free trade area, creating new opportunities for mutual benefit and common prosperity for all concerned. It has evolved into an expo that is most popular in the China-ASEAN Free Trade Area with the most extensive participation by ASEAN companies.

 

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The 15th CAEXPO Thailand pavilion

 

This year marks the first year of the “China-ASEAN Strategic Partnership Vision 2030” and the China-ASEAN Media Exchange Year. It is also the first year when the Belt and Road Initiative takes the first concrete step. New opportunities exist in the new starting point. This China-ASEAN Expo will provide a wider channel and platform for ASEAN countries including Thailand to have in-depth exchanges, negotiation for cooperation, and participate in the implementation of the Belt and Road Initiative.


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