AWIC Opens Focused on Enhancing Trade and Exchange of Cultural Ideas
The first day of Australia Week in China opened at the Grand Mecure Oriental Ginza Hotel in Futian, the three day East to West Forum is a biennial event that is organized by the Pilbara Regional Council of Western Australia that is focused on enhancing the awareness of trade and the exchange of cultural ideas between China and Western Australia including a visit to the Qianhai Free Trade Zone.
Event organizers say that the want to showcase China and they are open in bringing in businesses to Autralia especially in the northwestern Australia. According to Lynne Craigie the chairperson for the Pilibara Regional Council, learning on how things work differently in both countries is the main challenge when building a partnership along with steps in facilitating an easy an efficient pathways for cooperation. Alannah MacTiernan a federal member from Perth said that there is great support from the federal government and state government along with different political parties in Australia for inviting in Chinese investments into the country. MacTiernan said is not about the short term return of capital but about the potential to secure a long term supply line adding that foreign investment will be the based on mutual benefit, thus creating more job opportunities and integrate it with local communities.
Agriculture, aquaculture and renewable energy industries are areas wherein both countries can work together since China is already working on being the world leader on renewable energy particularly in Shenzhen as the city is creating an emission trading system. There are a lot of companies in Shenzhen that is specializing in renewable energy and in the aquaculture industry and are finding potential investors in the Australian market.