ASEAN ECONOMIC COMMUNITY
Grand Thai-Chinese trade fair expected to enjoy massive boost
The Nation

BANGKOK: -- One of the business world's grandest events, the 2015 Asean (Bangkok) China Import & Export Commodities fair, is set to close out the year next month and is expected to boost Thai-Chinese trade to the tune of Bt2 billion.

The fair, which is hosted by the AsianInternational Trade and Investment Association (AITIA), is being held at Halls 56 of Impact Muang Thong Thani from November 27 to 29. Marking the 40th anniversary of ThaiChinese relations, it will respond to ongoing economic expansion and the launch of the Asean Economic Community (AEC) at the end of this year.

Wu Zhiyi, chairman of AITIA, said that more than 3,000 categories of export quality consumer products will be on display at the fair, which will attract more than 1,500 Chinese businessmen for trading and business matching.

"More than 200 companies from 15 Chinese provinces involved in the import and export of cosmetics, spa products, food, 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 Thai SME entrepreneurs 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 from Beijing on intellectual property rights issues related to the building of Thai brands in China.

Visitors to the fair will also have 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.

"China's consumer market tops one 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 foundation and potential as well as its durable financial means ensure the stability of the country. It is thus 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.

Source: http://www.nationmultimedia.com/national/Grand-Thai-Chinese-trade-fair-expected-to-enjoy-ma-30271921.html


-- The Nation 2015-10-30

Only China will benefit from this.

You just can't make this up China the hub of knockoff's giving advice on interlectual property rights which they never obey.

Although Strangebrew beat me to the punch line, I just couldn’t let this typical piece of drivel from The Nation pass without some comment.

A lecture from the Intellectual Property Rights of China agency is being billed as one of the highlights of “one of the business world’s grandest events”.

I don’t think there will be too much to learn from this, especially as the Ministry of Commerce of the P.R.C reported on 10 October that three Chinese intellectual property courts have heard more than 10,000 lawsuits in the first eight months of this year (http://www.chinaipr.gov.cn/article/cases/201510/1881733.html).

Which only lends support to why the United States Trade Representative decided to keep China on the Priority Watch List over new and longstanding concerns about IPR protection and enforcement. (https://ustr.gov/about-us/policy-offices/press-office/press-releases/2015/april/ustr-releases-annual-special-301#)

Incidentally, Thailand is also on this list!

Thailand doesn't need to import more Chinese stuff, it needs to export more Thai stuff.

Why would China want or need crap from Thailand it can make or produce cheaper in China ?

Only a few elite brands will make anything in China, the rest of the Thai tat they dont want or need.

Thats why the Chinese tours dont buy the crap in Thailand the rest of the tourists do as its mostly all made by the chinese in china and sold here to idiot tourists... why would chinese buy Thai tat for more than they can make it in china ?

Edited October 30, 201510 yr by englishoak

Wu Zhiyi, chairman of AITIA, said that more than 3,000 categories of export quality consumer products will be on display at the fair, which will attract more than 1,500 Chinese businessmen for trading and business matching.

1500 quality Chinese businessmen to match the quality consumer products. More quality tourists can't be far behind.