NANNING, 21st September 2019 (NNT) - To further advance export promotions, the Deputy Prime Minister and Commerce Minister, Jurin Laksanawisit, is leading a group of government officials and entrepreneurs to Nanning, the capital of the Guangxi Zhuang Autonomous Region, to attend the 16th China-ASEAN Expo (CAEXPO).
On the visit, the Thai officials and entrepreneurs have met with Chinese Vice-Premier Han Zheng, who oversees China’s economy, to strengthen economic ties and promote bilateral trade and investment.
Thailand is promoting the export of rice, para rubber, cassava, fruit and poultry, as China has been importing more Thai products every year. As a result, ASEAN and China have agreed to set China’s tariffs at zero for more than 90% of ASEAN’s exports. The Ministry of Commerce has continually organized events to boost trade and investment between Thailand, China and the member states of ASEAN. Last year, exports of Thai fruit reported growth of US$1 billion. Over the past seven months, the export value of fruit shipped to China was US$1.1 billion. The total value of trade between the two countries is US$44.9 billion.
Today (Sept 21), Commerce Minister Jurin is to attend the opening ceremony of the 16th CAEXPO at the invitation of the Chinese Ambassador to Thailand, Lyu Jian. The event is designed to stimulate trade and investment between ASEAN and China.