NSW companies secure export agreements with Chinese partners
11 September 2017
Five NSW business organisations have signed agreements with Chinese partners to boost NSW exports to China including healthy snack bars, environmentally friendly cleaning products, premium wines, and bottled water and gourmet foods.
Minister for Trade and Industry Niall Blair witnessed the signing of the memorandums of understanding (MoUs) at the Australian Business Chamber’s ‘Shanghai Showroom’ on 8 September during a NSW trade mission to China.
The business deals between NSW exporters and Chinese trade partners will give our businesses access to the massive Chinese market.
Among them are Western Sydney company Blue Dinosaur which is teaming up with a Chinese trade services company to tackle the fast growing Chinese market.
The Kings Langley business aims to set the international standard on quality by using wholefood ingredients to produce and export natural snack bars.
Blue Dinosaur’s products contain nothing artificial allowing them to address growing demand for natural products.
NSW exporters can benefit from significant opportunities from the China-Australia Free Trade Agreement (ChAFTA).
The 2015 ChAFTA agreement is creating opportunities for NSW food companies by abolishing tariffs for dairy, lamb, beef and horticulture exports.
It will also eliminate tariffs on wine and seafood exports over four years and the agreement is making it easier for our services companies to do business in China.
NSW merchandise exports to China are currently worth some $5.7 billion a year and have been growing at a compound annual rate of 7.4%.
The NSW Government is working to further grow business and export links between China and NSW in areas including food, education, tourism, financial services, and manufacturing.
Details of the MoUs
- Western Sydney based Blue Dinosaur which manufactures 100% natural snack bars. The company has signed with Shanghai Hub International Trading Co., Ltd which provides services including international trade services including logistics, custom clearance, warehousing and financing.
- Fine wine producer Swan Wine Group of Chatswood has signed with supply chain management company YiYaTong JiuHong Supply Chain Co., Ltd.
- Koala Eco of Bellevue Hill which manufactures chemical-free green cleaning products has signed with Chinese cross-border e-commerce platform kaola.com (NetEase)
- Go Fresh International, a leading NSW food and beverage company that distributes bottled water brands and other products including dairy products and gourmet foods, has signed with Chinese import-export company Ningbo Jinfeng Imp. & Exp.Co.,Ltd.
- The Australian Business Chamber which assists businesses to expand into global markets has signed with non-profit organisation Hangzhou Wine Association to promote wine sales in the Hangzhou area.