Minister for Trade and Investment Andrew Robb today commenced Australia’s largest ever trade mission including more than 700 businesspeople from a range of industries.
Mr Robb’s arrival in Chengdu, a city of 12 million people in south-western China, coincides with Australia Week in China, a series of events across five Chinese cities designed to enhance Australia’s engagement with China in trade, investment, education and tourism.
“Chengdu is an important regional trading centre and the capital of Sichuan, one of China’s most populous, dynamic and vibrant provinces,” Mr Robb said.
As part of his visit, Mr Robb will meet senior government officials from Sichuan Province and Chengdu city. He will also witness a Memorandum of Understanding establishing the Australia-Sichuan Trade & Investment Roundtable, which aims to increase collaboration between Sichuan and Australian businesses.
With its highly educated population and growing household incomes, Chengdu embodies China’s new economic model in which domestic demand is replacing exports and investment as a source of growth.
“This change will lead to an increasing demand for sophisticated goods and services which Australia is well placed to provide, especially in sectors such as infrastructure, urban planning, education, agribusiness, food and consumables,” Mr Robb said.
As well as visiting ANZ’s operational hub for China, situated in Chengdu, Mr Robb will attend a business seminar focusing on commercial opportunities in the education, food and beverage sectors. He will also meet Li Haiying, General Manager of Sichuan Airlines, to discuss ways of maximising benefits from its new Chengdu-Melbourne route.
Australian companies Goodman Logistics, ANZ Rheem and Bluescope Steel have major investments in the city.
Minister Robb will continue his program in Shanghai.
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