China and Sydney Australias Growing Business Partnership

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<ul><li><p>7/28/2019 China and Sydney Australias Growing Business Partnership</p><p> 1/8</p><p>china &amp;</p><p>new South waleS</p><p>A dynamic partnership</p></li><li><p>7/28/2019 China and Sydney Australias Growing Business Partnership</p><p> 2/8</p><p>g r</p><p>the</p><p>placeto</p><p>New South Wales (NSW), the State in which youll</p><p>fnd Sydney, is these days globally established asa highly desirable destination in which to live andwork. With our temperate climate, unparalleled</p><p>natural beauty and relaxed, multicultural liestyle,NSW and Sydney have one o the highest qualities</p><p>o lie in the world.</p><p>Fuelled by a well-trained, well-educated and</p><p>multilingual workorce, Sydney and NSW continueto thrive, embracing and leading a national culture</p><p>o innovation and taking it to all new levels.</p><p>Sydney alone accounts or nearly a quarter o</p><p>Australias gross domestic product, and is thelargest State economy in the country. Its largereven than the national economies o Malaysia,</p><p>New Zealand and Singapore. And with renownedresearch leadership in smart technologies rom</p><p>next generation communications to advancedrobotics and solar energy, to name a ew weve</p><p>got a frm eye on the uture.</p><p>Today, New South Walesstands out as a perfectinvestment destination.</p><p>With our strong economy,low-risk business landscape,skilled workforce and aninfrastructure to rival thebest globally, investors fromChina will not only nd thebest foundations on whichto build their business, butalso a welcoming, friendlycommunity.</p></li><li><p>7/28/2019 China and Sydney Australias Growing Business Partnership</p><p> 3/8</p><p>o wmutually beneficial relationship</p><p>A global superpower like China needs trading</p><p>partners and investment destinations it cancount on. Sydney and NSW are ideal, with our</p><p>unmatched standard o products and servicesoering plenty o opportunities or Chinas</p><p>economy to continue to grow.</p><p>I the 2009-10 business year is any indication,</p><p>were onto something great. Bilateral merchandisetrade between NSW and China stood at A$21.6</p><p>billion, making China our most signifcant tradingpartner. Imports rom China to NSW were worth</p><p>A$18.4 billion, consisting largely o ofce andcommunication equipment, as well as appareland clothing.</p><p>Exports rom NSW to China were worth almost</p><p>A$3.2 billion in the same fnancial year, made up omineral uel and oil, ores, animal hair (mainly wool),yarn and abric, and specialised machinery (mainly</p><p>or use in civil engineering, including mining).</p><p>Its a trade relationship as diverse as it is benefcial,</p><p>with links in agriculture, environmental protection,fnancial and legal services, education, tourism,</p><p>architectural design and building products,</p><p>biotechnology services and telecommunications.</p><p>investing in each other</p><p>Beyond trade, investment is another area that</p><p>has shown growth. In 2010, China invested A$12.82billion in Australia, an increase o 41.5 per centrom the previous year.1 Australia returned the</p><p>avour, directly investing A$6.7 billion in thesame year.</p><p>1 ABS, Cat. No. 5352.0, International Investment Position,Australia, Supplementary Statistics, 2010</p></li><li><p>7/28/2019 China and Sydney Australias Growing Business Partnership</p><p> 4/8</p><p>Sydney and NSW are globally competitive</p><p>and a business hub or the Asia Pacifc.</p><p>With Australias largest State economy,</p><p>NSWs various industries make a signifcant</p><p>impact at a national and global level.</p><p>We have the largest manuacturing and</p><p>services sectors in the country. And with</p><p>Sydney being Australias global city, when</p><p>you invest here, you put yoursel on the</p><p>international map.</p><p>a closer looK at the nsW economy</p><p>NSW is the hub o Australias economic</p><p>activity with most headquarters</p><p>o leading oreign banks and</p><p>international corporations. Sydneys</p><p>competitiveness has attracted more</p><p>than 75 per cent o Australias ICT</p><p>Asia Pacifc regional headquarters.</p><p>The variety o Asian languages spoken</p><p>here has also attracted regional customer</p><p>service centres or the Asia Pacifc. The</p><p>State has the most diverse economy and</p><p>is a leading low cost and world scale</p><p>producer o resources. The State has</p><p>the largest:</p><p> manuacturing industry</p><p> number o ICT specialist businesses</p><p> exports o medicinal and</p><p>pharmaceutical products</p><p> fnancial services industry</p><p> ood and beverage industry</p><p> post-production and digital</p><p>and visual eects industry</p><p> number o creative services employees</p><p> share o international tourists.</p><p>NSW has strengths in a variety o sectors,</p><p>providing the capacity to withstand</p><p>changing economic conditions.</p><p>a secure business environment</p><p>Australia is fnancially and politically</p><p>stable making NSW a low-risk business</p><p>environment. Our economy is resilient with</p><p>well-regulated legal and banking systems.</p><p>a DVSgloBalcooMY</p><p>a financial hub</p><p>NSWs fnancial services industry makes</p><p>up nearly hal o the entire nations</p><p>sector output2, including services in</p><p>banking, non-deposit fnancing, unds</p><p>management, fnancial asset investment,</p><p>insurance and superannuation unds,</p><p>auxiliary fnance and insurance services.</p><p>Sydney is the regional centre or banking</p><p>and insurance, oreign exchange,</p><p>equities, utures and managed unds</p><p>and services to fnance companies in</p><p>the Asia Pacifc.</p><p>Our highly experienced companies are</p><p>ready and waiting to work with you in</p><p>addressing the restructuring o Chinas</p><p>fnancial services sector in the most</p><p>positive and proftable way possible.</p><p>2 ABS, Cat. No. 5220.0, Australian National Accounts:</p><p>State Accounts, 2009-10</p><p>SwSghS</p><p>&amp; aSSS</p><p>Sydney is agood choice toestablish ourbanks Australianbase becausethe city has awell-developedfinancial servicessector. Sydney waschosen as a keyregional locationin the SouthernHemisphere,and it will be animportant additionto the Banks globalnetwork.</p><p>Bank o Communications</p></li><li><p>7/28/2019 China and Sydney Australias Growing Business Partnership</p><p> 5/8</p><p>logistics &amp; infrastructure</p><p>Transport is big business in NSW.</p><p>In act, NSW is responsible or 26 per</p><p>cent o Australias total reight haulage.The reight transport and logistics</p><p>industry is estimated to account or</p><p>up to 11.2 per cent o NSWs gross</p><p>state product.</p><p>There are joint venture opportunities in</p><p>transport companies with considerable</p><p>presence in the resources sector. And</p><p>the reight industry is always open to</p><p>additional participants, particularly in</p><p>the arena o heavy vehicles, presenting</p><p>another opportunity or investors.</p><p>Beyond logistics, inrastructure is</p><p>another area were improving. Byadopting various initiatives, including</p><p>improvements in broadband, energy,</p><p>port productivity and land transport,</p><p>we can continue to progress into</p><p>the uture.</p><p>agri-business</p><p>Sydney is a modern international city,</p><p>and the gateway to an Australian ood</p><p>bowl in the State o NSW.</p><p>Our rich and diverse growing environment</p><p>is recognised internationally, as is our</p><p>highly diversifed ood industry with</p><p>strengths in wine, grain, dairy, ruit,</p><p>vegetables, meat and seaood.</p><p>Our agricultural industry continues</p><p>to grow, thanks to our clean, disease-</p><p>ree growing conditions and diversity</p><p>o soil types, topography and climates,</p><p>allowing us to produce goods o the</p><p>highest quality at the lowest cost.</p><p>And it doesnt end with agricultural</p><p>produce. About one third o Australiasprocessed ood production, investment,</p><p>research and development takes place</p><p>in NSW, adding urther scope to the</p><p>burgeoning industry.</p><p>As China continues its reorms</p><p>to consistently meet international</p><p>standards in production, processing,</p><p>packaging and handling, were</p><p>more than able to contribute.</p><p>mining &amp; resources</p><p>Exploration and mining companieschoose NSW because o its large,</p><p>diverse and rich mineral deposits,</p><p>including coal, as well as metallic,</p><p>industrial and construction minerals.</p><p>Companies characterise NSW as a</p><p>location with developed and easily</p><p>accessible inrastructure, low average</p><p>operating costs and a highly skilled</p><p>pool o workers.</p><p>With the continuing support o the</p><p>State government, this is an industry</p><p>waiting or you to make your mark.</p><p>facts</p><p>our diverse industrindspe urrenty</p><p>unts fr:46 per ent f</p><p>austris finne ndinsurne industry</p><p>42 per ent f teinfrmtin medind mmunitins</p><p>industry</p><p>37 per ent f te</p><p>prfessin, sientifind teni servies</p><p>36 per ent f terts nd reretin</p><p>servies</p><p>32 per ent f te</p><p>mnufturinindustry</p></li><li><p>7/28/2019 China and Sydney Australias Growing Business Partnership</p><p> 6/8</p><p>china construction banK</p><p>With over 13,400 branches, almost 300,000</p><p>employees and a market value o US$247 billion,</p><p>the China Construction Bank is one o the top</p><p>10 banks in the world by market value.</p><p>When it came time to open its frst Australian</p><p>branch, Sydney was the ideal choice. And withChina set to become the worlds largest banking</p><p>market, the China Construction Bank is a vital</p><p>addition to our fnancial services sector.</p><p>The NSW Government helped the bank establish</p><p>itsel in Sydney by arranging introductions to key</p><p>industry contacts and advising on various visa</p><p>requirements. And we can guarantee that it was</p><p>a well-made move.</p><p>Other Chinese banks represented in NSW include:</p><p> Bank o China</p><p> Industrial and Commercial Bank o China</p><p> Agricultural Bank o China</p><p> Bank o Communications</p><p> the Peoples Bank o China.</p><p>suntech poWer</p><p>Suntech is the worlds largest producer o solar</p><p>panels or residential, commerical, industrial and</p><p>utility applications. With regional headquarters</p><p>in China, Switzerland and the United States and</p><p>gigawatt-scale manuacturing worldwide, Suntech</p><p>has delivered more than 13,000,000 photovoltaic</p><p>panels to over 1,000 customers in more than</p><p>80 countries.</p><p>Suntech invests millions o dollars each year</p><p>in long-term research partnerships with Sydney</p><p>company CSG Solar and the University o NSWs</p><p>globally-renowned solar research acility the</p><p>ARC Centre o Excellence or Advanced Silicon</p><p>Photovoltaics and Photonics. Suntechs chie</p><p>executive ofcer, chie operating ofcer and chie</p><p>technology ofcer are all alumni o the university.</p><p>In partnership with NSW-based Infgen Energy,</p><p>Suntech has received State Government planning</p><p>approval to build NSWs frst commercial solar</p><p>arm as part o the Australian Governments</p><p>Solar Flagships program. The solar arm would</p><p>use advanced technology developed by Suntech</p><p>in collaboration with UNSW.</p><p>With strong ties to NSW, Suntechs work in</p><p>developing and commercialising advanced solar</p><p>technology is making it possible or millions o</p><p>people in China, Australia and around the world</p><p>to harness natures cleanest and most abundant</p><p>energy resource.</p><p>SucceSS</p><p>StorieS</p><p>Sydney was a natural choice to establish our regionaloffice. The city has a high concentration of skilledfinance professionals, a well-regulated market anda growing number of Chinese firms specialising infinance and resource-related industries.</p><p>The Peoples Bank o China representative ofce or the South Pacifc</p></li><li><p>7/28/2019 China and Sydney Australias Growing Business Partnership</p><p> 7/8</p><p>The NSW Government, throughits NSW and international ofces,helps companies invest and dobusiness in Sydney and NSW.</p><p>We oer:</p><p> introductions to potential business partners,</p><p>universities and training institutions,</p><p>property agents, management, legal and</p><p>fnancial services frms, regulatory and</p><p>government authorities</p><p> business statistics benchmarking Sydney</p><p>and NSW against other locations</p><p> advice on registering a business in Australia</p><p> market visits or your business in Sydney</p><p> meetings to help you recognise investment</p><p>opportunities</p><p> other assistance on a case-by-case basis.</p><p>We go Where you go</p><p>The NSW Government Business Ofces</p><p>in Shanghai and Guangzhou are your</p><p>contact points or inormation about trade,</p><p>investment and business opportunities in</p><p>Sydney and NSW.</p><p>The China Desk in Sydney has dedicated</p><p>Chinese-speaking sta to assist Chinese</p><p>investors. The sta can acilitate introductions</p><p>to government regulators and bodies and</p><p>provide introductions to potential business</p><p>partners in the market.</p><p>in Support</p><p>oF inVeStMent</p></li><li><p>7/28/2019 China and Sydney Australias Growing Business Partnership</p><p> 8/8</p><p>NSW DEPARTMENT OF TRADE AND INVESTMENT,</p><p>REGIONAL INFRASTRUCTURE AND SERVICES</p><p>Level 47, MLC Centre, 19 Martin Place, Sydney NSW 2000</p><p>GPO Box 5477, Sydney NSW 2001, Australia</p><p>Tel: +61 2 9338 6600 Fax: +61 2 9338 6950</p><p>NSW Government Business Ofce Guangzhou</p><p>Unit D, Level 10, Development Centre Building</p><p>3 Linjiang Dadao, Pearl River New City</p><p>Tianhe District, Guangzhou, 510623, P. R. China</p><p>Tel: +86 20 3785 3009 Fax: +86 20 3785 0037</p><p>Email: guangzhou@sydneyaustralia.com.cn</p><p>NSW Government Business Ofce ShanghaiUnit 2208, Level 22, CITIC Square</p><p>1168 Nanjing Road West</p><p>Shanghai 200040, P. R. China</p><p>Tel: +86 21 5292 8833 Fax: +86 21 5292 5557</p><p>Email: shanghai@sydneyaustralia.com.cn</p><p>Tourism New South Wales, North Asia</p><p>Tel: +86 21 5292 8833 Fax: +86 21 5292 5557</p><p>Email: tnswsh@sydneyaustralia.com.cn</p><p>NSW Government China Desk</p><p>L48, MLC Centre, 19 Martin Place</p><p>Sydney NSW 2000, Australia</p><p>Tel: +61 2 9338 6748 Fax: +61 2 9338 6728</p><p>Email: china@business.nsw.gov.au</p><p>IMT-M</p><p>99-0</p><p>5/11</p><p>For Further inForMation ViSit</p><p>www.SYDneYauStralia.coM</p></li></ul>