1. LINE

      Text:AAAPrint
      Economy

      China, Australia to step up efforts on trade ties

      1
      2016-04-15 09:50CCTV Editor: Feng Shuang

      The Australian delegation is hoping to seize upon opportunities presented by the Free Trade Agreement between China and Australia. More than three months after it went into effect, some sectors of Australia's economy are already seeing benefits -- with the promise of more to come.

      After 10 years of negotiations -- and years of raised expectations about freer trade with China, some Australian industries are finally reaping the rewards.

      "In things like healthcare, Blackmores has already been able to sign some very significant deals because of the growing middle class and emphasis on well being and health in China. And in building in these second and third tier cities right around China, the new architecture provisions that allow Australian building and architecture experience have greatly benefited their bidding for contracts," said Tim Harcourt, professor at UNSW.

      Agriculture is another winner of the initial tariff reductions -- along with increased demand for things like dairy products and Aussie beef.

      "Cattle prices are quite high in Australia in the expectation that we are going to increase our exports to China and sheep meat prices are pretty good at the moment too so we are certainly seeing activity there, we are seeing activity in the wine industry," said Jim Harrowell, President of NSW ACBC.

      China is already Australia's biggest trade partner. In 2014, that relationship was worth more than $80 billion USD -- accounting for roughly one out of every three export dollars Australia earned.

      Experts say one of the most immediate impacts from the Free Trade Agreement has been the incentive it's created for many Australia businesses, start ups, and industries, to start thinking about how best to do business with China.

      "The relationship we've developed over the last 40 years is just in its infancy and 100 years time from now it will be very significant," said professor Harcourt.

      But businesses and companies are being urged to take a more active role now -- especially considering the global competition for a piece China's growing middle class demands.

      "Business really has to pick up the ball and run with it -- government can't create business and make it work properly it can certainly be a facilitator and a door opener, but we really have to take advantage of the opportunity presented," said Jim Harrowell.

      And that's important as Australia tries to replace the void left by the end of the mining boom -- to a more flexible economy, with a greater emphasis on agriculture and service sector exports.

        

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.
      主站蜘蛛池模板: 午夜高清免费在线观看| 成全高清在线观看免费| 毛片a级毛片免费播放100| 亚洲视频在线免费播放| 免费无码又爽又刺激一高潮| 最新国产AV无码专区亚洲| 九九免费精品视频在这里| 亚洲国产精品激情在线观看| 九九综合VA免费看| 亚洲日本一区二区三区在线| 国内精品99亚洲免费高清| 亚洲国产精品一区二区久久hs| 玖玖在线免费视频| 亚洲天堂中文资源| 亚色九九九全国免费视频| 亚洲自偷自偷在线成人网站传媒| 天天摸天天操免费播放小视频| 蜜桃传媒一区二区亚洲AV| 亚洲色偷偷狠狠综合网| 免费av一区二区三区| 精品亚洲成a人片在线观看 | 成人爽a毛片免费| 久久久国产精品亚洲一区| 无码一区二区三区免费视频| 国产精品日本亚洲777| 国产gv天堂亚洲国产gv刚刚碰| 久久免费观看国产精品| 国产成人精品日本亚洲网址| 国产精品公开免费视频| 韩国免费A级毛片久久| 亚洲成人福利网站| 免费乱码中文字幕网站| 国产真人无码作爱视频免费| 亚洲一区无码中文字幕乱码| 国产免费人成视频在线观看| 最好免费观看高清在线 | 国产亚洲精品美女| 亚洲国产成人一区二区三区| 日韩精品福利片午夜免费观着| 色屁屁www影院免费观看视频 | 亚洲午夜久久久影院|