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https://www.nationthailand.com/business/trading-investment/40023983

Some 4,000 Chinese business leaders to meet in Bangkok: WCEC 

FRIDAY, JANUARY 13, 2023

Around 4,000 Chinese business leaders and entrepreneurs will attend the 16th World Chinese Entrepreneurs Convention (WCEC) in Bangkok from June 24-26 at Queen Sirikit National Convention Centre.

Thailand, Singapore and Hong Kong are the founding members of WCEC. The founders take turns in hosting WCEC around the world every 2 years.

Thai-Chinese Chamber of Commerce hosted the 3rd WCEC for the first time in 1995. After 27 years, WCEC has become the forum connecting Chinese entrepreneurs from all over the world in promoting international cooperation.

Narongsak Putthapornmongkol, president of the Thai-Chinese Chamber of Commerce, said that the 16th WCEC meeting will be held in Bangkok for the first time since the Covid-19 pandemic.

WCEC had successful meetings 15 times. This meeting will look into trade opportunities in Thailand while discussing the Regional Comprehensive Economic Partnership (RCEP), the Eastern Economic Corridor (EEC), in addition to Belt and Road Initiative (BRI).

Narongsak said that in the past two years, the Covid-19 pandemic created uncertain situations and has impacted the world’s economy as well as the business of the Chinese globally.

He said, “We are ready to push the development of global Chinese entrepreneurs in this digital age, cooperating in various fields and promoting trade between Thai entrepreneurs and the world, linking investments and creating a future with Chinese business owners around the world to restore Thai’s and the world’s economy.”

According to Kasikorn Research Centre, Chinese tourists are expected to reach 5 million or 42% of the total Chinese visitors to Thailand in 2019. 

The increase in tourists will begin in the second quarter and even more, will arrive in the second half of the year because of more flights and increased packaged tours.

Thailand’s economy, tourism and business will be boosted especially if Thailand will be chosen as one of the leading countries in revitalising travelling on large scale.

The Chinese usually travel during the summer school break in July-August and during the Chinese national day of the people’s Republic of China from 1-7 October every year.