Thai Companies Seek Regulation on Chinese Imports Amid Growing Participation from Chinese Exhibitors
PUBLISHED: 24 Aug 2024 at 10:15
Event organizers and venue operators are urging the Thai government to impose stronger regulations on the influx of inexpensive Chinese goods to safeguard local manufacturers.
Sakchai Pattarapreechakul, executive director of N.C.C. Management and Development, reported a 30% increase in Chinese exhibitors at Queen Sirikit National Convention Center (QSNCC) compared to last year, significantly contributing to this year’s revenue growth.
This surge is attributed to the pent-up demand following the pandemic and efforts from Beijing to encourage Chinese businesses to expand internationally, according to Mr. Sakchai.
The introduction of a permanent visa-free scheme between China and Thailand has further facilitated the travel of both Chinese buyers and sellers.
“Trade exhibitions present vital investment opportunities for enhancing the country’s supply chain,” Mr. Sakchai emphasized. “Thailand serves as an attractive marketplace in the region due to its diverse range of hotels and exhibition facilities.”
However, he stressed the necessity for the government to tighten regulations on imported goods from China, ensuring that only safe and high-quality products compete in the market. This action aims to protect local products from low-cost rivals, he said.
Expectations are set for a 7-8% revenue and traffic growth this year, mirroring the market average as the MICE (meetings, incentives, conventions, and exhibitions) segment continues its recovery.
Sanchai Noombunnam, country general manager of a leading exhibition organizer, noted that while they adjust the quota for Chinese exhibitors for each event, industries such as energy will see higher participation compared to sectors like electronics and industrial parts to better protect local producers.
This weekend, the 30th Food & Hospitality Thailand 2024 at QSNCC will feature around 20% of exhibitors from China, showcasing premium products at competitive prices that cater to the growing trend of high-spending tourists in the hospitality sector.
The majority of Chinese offerings include furniture, decorative items, and hotel appliances such as food machines and refrigerators.
