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With an increasing and stable growth, Australia remains a favored destination for overseas investors, especially Chinese companies, seeking a prudent return as they expand their footprints. China and Australia enjoy a long-term investment partnership, starting from 1985 when China made the first endeavor of investing Channar mine in Western Australia. After decades of development, Chinese investment has seen innovative changes, shifting to a
dynamic portfolio including ports, agriculture, real estate and infrastructure industries
. Recently,
ecofriendly agriculture production and high-tech innovation
are attracting increasingly more attention from Chinese investors.
Henry Wang, Austrade Senior Investment Commissioner for Greater China talks with John Hung, Deloitte China Markets and Global Network Deputy Leader during the Webcast
Deloitte Global Chinese Services Group invited Henry Wang, Australian Trade and Investment Commission (Austrade) Senior Investment Commissioner for Greater China as guest speaker for a national webcast introducing the favorable investment environment, potential opportunities and the economic transition in Oceania so as to discover new opportunities for Chinese companies.
The highly stable Australian economy and flourishing bilateral trade with China are the main attractions to Chinese investors. With 26 years of consecutive annual economic growth, Australia is the only country that keeps its economy from shrinking during the period. Ranking the 5
th
largest economy in Asia region and 13
th
largest in the world, Australia serves as an important gateway to AP and even global market for Chinese companies. Meanwhile, the mature market and transparent market operations in Australia are largely valued by Chinese investors as external risks confronted during outbound investment can be effectively managed in the steady Australian market.
"Government prioritization guidance can sometimes make impossible into possible."
