Ray Evans, CEO of Australian Business Form (ABF), at a private forum with the Fujian Chamber of Commerce during the China International Fair for Investment and Trade (CIFIT) held September 8th to 11th expo, highlighted the close working relationship between Australia and China which is a major trading and business partner across many sectors.
Acknowledging the support from the Australian government, also in the attendance were Anna Lin, Austrade Commissioner based in Guangzhou and Eric Xi in Shenzhen, contact for the Fujian province, and Cher Jones, NSW Trade and Investment, also based in Guangzhou.
Australia has over $100B in two-way trade with China, with the Fujian province being the 10th largest trading partner. According to Ms Lin, Australia has one of the leading services sectors in the world, currently 14% with China and is expected to increase across legal, construction, telecommunications, health and aged care.
At last week’s G20 meeting in Hangzhou, Australian Prime Minister Malcolm Turnbull and Austrade signed an agreement with Alibaba’s Jack Ma, will provide the opportunity for even more Australian products to access the T-Mall platform.
The China Free Trade Agreement (ChAFTA) has also enhanced engagement with the Small and Medium Enterprise (SME) sector.
The Australian ABF delegation consists of a range of services, products and projects that are well placed to engage with local businesses and are looking forward to one-on-one conversations during the business matching.
Mr Evans extended an invitation to those business delegations planning to come to Australia to connect with Australian Business Forum. As Ms Chen Hangmen, Deputy Director of Fuzhou Bureau of Commerce said, this is just the start of building long a term co-operation.
Xiamen local media showed a brief report on the business matching session between Australian Business Forum and the Fujian Department of Commerce which can be viewed here.