The fifth China International Consumer Products Expo (CICPE) has emerged as an essential platform for businesses from all over the world, consisting of Thailand, to put their items in the spotlight and check out brand-new opportunities.As a close economic and trade partner of China, Thailand is showcasing 63 brands from 15 business at CIPCE this year, emphasizing its strengths in food development, health items, skin care and health spa products.
In an interview with CGTN, Kajtiti Wiwatwanont, consul-general of Thailand in Guangzhou, kept in mind that Thai business are promoting freeze-dried Thai specials like Tom Yum Kung and Som Tum, which allow consumers to take pleasure in authentic flavors conveniently.
The expo also features popular health items such as birds nest soap and organic balm, both of which have ended up being popular purchases among Chinese travelers going to Thailand.The consul-general kept in mind that Thailand intends to reinforce financial cooperation between the 2 nations, especially in boosting supply chain combination and connectivity.
A prime example is CP Group, which has participated every year since the expos beginning.
Both CP Group and TC Red Bull have currently established production bases in Hainan, drawn in by the open market ports (FTP) preferential policies.
Hainans location positions it as a tactical hub linking China and Thailand, he included -- both in trade and people-to-people ties.
With its FTP policies, Hainan uses Thai financiers a springboard into the Chinese market, while Thailand serves as Southeast Asias gateway.
Wiwatwanont highlighted that the Hainan Expo serves not merely as a trade platform however as a vibrant platform connecting business owners from both nations.
Thai companies utilize this opportunity not just to showcase and sell their products however also to create partnerships, elevating cooperation from trade to investment.
This transformative function makes the Hainan Expo a critical bridge for company expansion.Together, Hainan Province and Thailand can access a combined consumer base of over 600 million throughout ASEAN, creating unparalleled synergies under structures like the Regional Comprehensive Economic Partnership and Belt and Road Initiative.
This partnership highlights the shared vision for much deeper economic integration and local success in between the two nations.