ID :
141845
Mon, 09/13/2010 - 18:27
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http://m.oananews.org//node/141845
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Thailand sees bright future to penetrate China's Guangzhou
Guangzhou, capital of Guangdong province in southern China, is the country's third largest city following Shanghai and Beijing. The city's business potential, high purchasing power of local residents, and the good relations which exist between Thailand and China are all factors attracting the penetration by Thailand's Board of Investment (BOI) into this vibrant metropolis.
BOI representatives and related agencies recently visited Guangzhou and conducted a seminar there to provide knowledge about Thailand and invite Chinese businessmen to invest in the country.
Thai Industry Minister, Chaiwut Bannawat, said the seminar widely received good results from potential Chinese investors due to positive attitudes of the local residents towards Thais.
"Thai people enjoy especially good relations with the people of Guangdong province, as around 80 per cent of the Thais of Chinese origin in Thailand are from here, and these racial close ties help enable trade expansion as a result," said Mr Chaiwut.
As Guangzhou has several kinds of industrial potential, including automobiles, shoes and high technology, BOI deputy secretary-general, Pasu Loharjun, said the city was the first destination the investment agency selected as a potential lucrative market.
"Guangzhou is a place which BOI sees as having importance and gives priority to. Also, there has already been much investment between Thailand and Guangzhou," said Mr Pasu.
Although convincing Chinese investors to invest more in the Land of Smiles can take some time, Thailand's future seems bright when it comes to opportunities for trade expansion in Guangzhou, as emphasised by Pisanu Suvanajata, consul-general at the Royal Thai Consulate-General in Guangzhou.
"The main strategy of Guangdong province concerns automobile, electronics, and petrochemical industries, considered as the main mechanism that has driven the economy of Guangdong in the past and will continue to do so in the future. Thailand will benefit from China if it can penetrate these three industries," said Mr Pisanu.
The greatest number of Chinese visitors to Thailand are from Guangdong province, counting around 80 per cent of the average 900,000 Chinese entering Thailand each year.
According to official statistics from the Royal Thai Consulate-General in Guangzhou, an average of 1,500 Guangzhou residents a day applied for a visa to enter Thailand in July, the highest in the past five years, reflecting the confidence of Chinese travellers that has recovered towards Thailand.
However, the overall percentage is slight, for about 30 million people from Guangdong travel abroad annually, and the figure therefore prompted the Tourism Authority of Thailand (TAT) to set up a tourism office in Guangdong province this year to attract more potential travellers.
The good relations between Thailand and China are affirmed by the fact that Thailand will be the sole country allowed by Guangzhou authorities to welcome leaders and athletes from 45 Asian countries with its seven types of Thai fruits and the Thai jasmine rice as a part of the menu during the upcoming 16th Asian Games Guangzhou 2010 from November 12-27. (MCOT online news)
BOI representatives and related agencies recently visited Guangzhou and conducted a seminar there to provide knowledge about Thailand and invite Chinese businessmen to invest in the country.
Thai Industry Minister, Chaiwut Bannawat, said the seminar widely received good results from potential Chinese investors due to positive attitudes of the local residents towards Thais.
"Thai people enjoy especially good relations with the people of Guangdong province, as around 80 per cent of the Thais of Chinese origin in Thailand are from here, and these racial close ties help enable trade expansion as a result," said Mr Chaiwut.
As Guangzhou has several kinds of industrial potential, including automobiles, shoes and high technology, BOI deputy secretary-general, Pasu Loharjun, said the city was the first destination the investment agency selected as a potential lucrative market.
"Guangzhou is a place which BOI sees as having importance and gives priority to. Also, there has already been much investment between Thailand and Guangzhou," said Mr Pasu.
Although convincing Chinese investors to invest more in the Land of Smiles can take some time, Thailand's future seems bright when it comes to opportunities for trade expansion in Guangzhou, as emphasised by Pisanu Suvanajata, consul-general at the Royal Thai Consulate-General in Guangzhou.
"The main strategy of Guangdong province concerns automobile, electronics, and petrochemical industries, considered as the main mechanism that has driven the economy of Guangdong in the past and will continue to do so in the future. Thailand will benefit from China if it can penetrate these three industries," said Mr Pisanu.
The greatest number of Chinese visitors to Thailand are from Guangdong province, counting around 80 per cent of the average 900,000 Chinese entering Thailand each year.
According to official statistics from the Royal Thai Consulate-General in Guangzhou, an average of 1,500 Guangzhou residents a day applied for a visa to enter Thailand in July, the highest in the past five years, reflecting the confidence of Chinese travellers that has recovered towards Thailand.
However, the overall percentage is slight, for about 30 million people from Guangdong travel abroad annually, and the figure therefore prompted the Tourism Authority of Thailand (TAT) to set up a tourism office in Guangdong province this year to attract more potential travellers.
The good relations between Thailand and China are affirmed by the fact that Thailand will be the sole country allowed by Guangzhou authorities to welcome leaders and athletes from 45 Asian countries with its seven types of Thai fruits and the Thai jasmine rice as a part of the menu during the upcoming 16th Asian Games Guangzhou 2010 from November 12-27. (MCOT online news)
