Australia-China cooperation has unlimited opportunities and broad prospects – Introduction to Australian industry

Australia Overview

Australia - is a country full of vitality in the world. It is a "lucky country" that has always been favored by wealth. It is the only country in the world that monopolizes the entire continent. It is also the largest and most developed country in Oceania!

Australia's economy is the 11th largest in the world, with a GDP of approximately US$1.7 trillion. Australia ranks among the best in the world in its ability to withstand cyclical economic fluctuations. Its economic development is strong and steady, and it has created a momentum of uninterrupted positive economic growth for 26 years. Its economic strength is recognized around the world. The extremely high level of economic and financial security and stability has made Australia the Western country least affected by the global financial crisis, and has been the most resilient and resilient country in the world for many years.

Australia's continuous and sustained economic growth over the past 26 years is a great achievement of the entire country, creating an era in which investors and trading partners share wealth and prosperity; Australia has a strong economic background, a democratic and stable political environment, a highly skilled and multilingual workforce, an innovative culture and a sound scientific and technological research and development foundation. , extremely advantageous cost competitiveness, an open, efficient and business-friendly legal environment, strategic geographical time zone advantages, a friendly attitude towards foreign investment, high standards of life, highly developed financial services industry, and growing infrastructure, make Australia a very attractive and best place to invest, live and start a business with unlimited business opportunities. Australia has political stability, social democracy, transparent policies, and a complete legal system, giving investors confidence in the Australian market. Australia, the opportunities are endless!

Background of Australia-China Cooperation

As the pace of economic globalization continues to accelerate, the flow and allocation of various resources around the world are becoming increasingly frequent. The integration of Chinese enterprises into the world economy has become a trend, and the internationalization process of Chinese enterprises going overseas is increasingly accelerating! As a resource-rich and agricultural country, Australia's complementary resource advantages with China have attracted more and more Chinese companies to go to Australia to explore new business fields and wealth opportunities!

In 2014, President Xi Jinping visited Australia and facilitated the signing of the Australia-China Free Trade Agreement. In March 2017, Premier Li Keqiang led a business delegation of Chinese entrepreneurs from eight provinces in China to visit Australia and published an article with the theme of "Great Progress in Australia-China Cooperation", aiming to promote broader and closer economic and trade cooperation between Australia and China! At present, China has replaced the United States as Australia's largest service trade export market. China and Australia complement each other's advantages and promote each other's economic growth, forming an interdependent economic relationship. China has now become Australia's largest trading partner and major source of investment!

Chinese companies are increasingly interested in developing and investing in Australia. Especially in 2015, when the two governments officially signed the China-Australia Free Trade Agreement and China launched the Belt and Road Initiative, the exchanges between the two countries' various industries have been increasingly strengthened. In addition to traditional industries such as mining, energy and agriculture, Chinese companies are beginning to hope to get involved in more comprehensive fields such as high-tech, information and communications, health care, financial services, biomedicine, logistics ports, urban planning, infrastructure, education and tourism.

Australian industrial advantages

Australia’s biotech industry: a powerhouse of science and innovation

      Australia has a world-class stable socio-economic environment, ethnic diversity, a strong intellectual property system, the world's top medical research and medical infrastructure, world-class scientific researchers and a strong and flexible regulatory mechanism, making Australia a leader in the biotechnology and pharmaceutical fields and the world's first choice for conducting clinical trials. Australia's biotechnology industry is internationally renowned and highly competitive, and has successfully attracted more than 470 biotechnology companies to settle here, forming a thriving network. It has a well-established medical device industry, proteomics, biological exploration, etc. with obvious advantages. It has significant advantages in nanobiotechnology, and its stem cell research expertise has been internationally recognized.

Australia’s financial capital industry: a fertile ground for opportunity creation

      Australia's financial and securities industry is a leading developed country in the world. It has the fifth largest financial system and capital market in the world and is one of the largest, most mature and advanced financial services industries in the world. Australia has the world's best-practice regulatory environment and a developed and active capital market. It has a large and mature managed fund wealth management industry. It has the third largest investable capital pool in the world, and its total fund management scale ranks fourth in the world and first in Asia. Australia started financial innovation very early and was one of the first regions in the world to develop real estate trust investment funds. The scale of REITs is the second largest in the world. The variety, scale, management technology and concepts of REITs products are among the best in the world. Many real estate trust investment funds in Hong Kong and Singapore have learned from Australia's experience. At the same time, Australia is also the world's leader in financial technology innovation and is the first to promote the R&D and application of blockchain!

The China-Australia Free Trade Agreement has helped Australian financial services companies streamline the registration process and approval requirements required to do business in China, providing Australian and Chinese companies with broader cooperation opportunities and prospects.

Australian Health and Aged Care Industry: Setting Global Standards in Healthcare and Aged Care

      Australia's healthcare system has a long history and is mature and advanced. Healthcare and aged care enjoy an international reputation for advanced technology, skilled professionals and advanced research and development results. It has a long history of working closely with governments, service providers and communities and is known for its comprehensive qualifications, quality and management frameworks.

      As the population gradually ages, the Chinese government will pay more attention to improving the medical care system and developing the elderly care industry in terms of policy. The China-Australia Trade Agreement brings new opportunities for Chinese healthcare suppliers to work with Australian leaders with global reputations in the healthcare industry. For the first time, Australian healthcare providers will offer more and better options to Chinese patients in Beijing, Tianjin and Shanghai, as well as Jiangsu, Fujian, Guangdong and Hainan. Australian aged care institutions can now form partnerships with Chinese companies to bring leading health care services to local communities in China.

       Australia has the following advantages in health care and aged care:

· Services and professional training – workforce skills, education and training; hospital design and operations; home care operations and management; research and development collaboration; disease management; and business information and service provision

      · Technology - Healthcare information and communication (ICT) products and digital solutions, such as telemedicine, mobile and point-of-care diagnostics, electronic medical records, hospital operation and management systems, patient management and post-illness care systems, and telemedicine, etc.

      · Products – Medical equipment and devices, pharmaceuticals, consumables, complementary medicines and nutritional health products        

      · Planning and design of elderly care facilities and equipment        

      · Financial solutions and consulting services for retirement facility investment

      · Home care, community care and nursing home operation and management

     Australian Agricultural Industry: Best Practice Solutions for Agricultural Economics

      The Australian agricultural economics sector is ideally placed to meet the growing global demand for agricultural products and services. As an ideal long-term agricultural economic partner, Australia has the ability to make significant contributions to improving the quality, efficiency, security and sustainable development of China's food supply. Thanks to diverse geographical and climatic conditions, natural, green and high-quality Australian agricultural food can form a good match with China's upgrading needs.

Australian innovation industry: a world-class innovation country

      Australia is a creative country with outstanding achievements in scientific research and complex problem solving in many industry sectors. Technological innovation is a core driver of Australian business competitiveness and economic productivity. As a knowledge-based and services-intensive economy, Australia has world-class scientific and academic institutions dedicated to research and development. Australia's national collaborative research facilities are the foundation for world-leading scientific research in a wide range of research fields and disciplines. These facilities provide services and research to business, industry and government, and are used by Australian and international researchers.

       The Australian government believes that Australia needs to better translate the results of publicly funded research into commercial output. The Australian Government is actively assisting Australia's world-class industry and research to collaborate more frequently and effectively. Encourage the infusion of foreign direct investment to ensure successful commercialization of Australian research and development results. The combination of China's strong market and highly liquid capital and Australia's advanced research and development results will create huge opportunities!

Global Fortune Investments Limited (GFI)As a company listed on the Australian main board ASX, it is mainly engaged in mining gold and nickel mining, agricultural development and health food trade. It is currently planning the development of energy storage batteries and is a comprehensive investment company. GFI is committed to building an international platform that serves trade cooperation between China and Australia.

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