Australia-China FTA creates new opportunities for NSW businesses
17 November 2014
NSW Trade & Investment has China firmly in focus this week, with a number of significant events and announcements set to create opportunities and strengthen links with our biggest trading partner.
It's a significant week for Australia-China trade relationships and for NSW's business engagement with China, with announcements expected on the Australia-China Free Trade agreement, set to offer new opportunities for NSW businesses in a range of sectors including agriculture, professional and financial services and manufacturing.
The establishment of a designated clearing house for the Chinese currency, the Renminbi (RMB) in Sydney is also expected to be announced - an outcome the NSW Government has been working with industry to deliver for the past 12 months. The initiative will make it easier for Australia and China to move funds and do business.
Strengthening our relationship with China
We will continue to strengthen relations with China, hosting a high-level delegation of Australian and Chinese business, finance and government leaders at the third Sydney-Shanghai Finance Symposium in Sydney.
The Department is also supporting the Sydney China Business Forum, a leading event focusing on business interactions between Australia and China, facilitated this year by the China Studies Centre.
The NSW Government's engagement with China is guided by our China Strategy. The strategy, launched in September 2014, builds on past trade and investment successes, with particular focus on sectors including agribusiness; education and training; energy and resources; information and communications technology and the digital economy; professional services and tourism.
Interested in NSW-China trade and investment?
NSW Trade & Investment has export advisors and industry sector specialists ready to assist you. We help exporters and investors to build links and do business, providing support including investment facilitation and export assistance.
We also have significant representation in China through our Trade and Investment offices in Guangzhou (covering South China and Hong Kong) and Shanghai (covering North and East China).
See how we have assisted Yingli Solar's entry into Australia, helping them establish their Sydney head office, and we supported northern NSW based farmer's co-operative Norco on its market entry strategy for China.