日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Australian businesses confident about Chinese economy in next five years

By Yang Yang | chinadaily.com.cn | Updated: 2017-09-18 17:01
Share
Share - WeChat

Bob Baldwin (center), advisor to Australia International Trade Association & Associates, poses for a photo with Ken Smith (left), president of Australia China Business Council Victoria, and Daryl Guppy, president of the Northern Territory chapter of the Australia China Business Council, in Beijing, Sept 18, 2017. [Photo/chinadaily.com.cn]

Under the great leadership of the Chinese government, Australian businesses are very confident about the Chinese economy in the next five years, Bob Baldwin, advisor to Australia International Trade Association & Associates, said in an exclusive interview with chinadaily.com.cn.

Baldwin, who is also former parliamentary secretary to the minister for industry of the Australia Federal Government, said the Chinese economy hasn't slowed down in terms of bilateral trade between China and Australia, especially in certain sectors, such as agriculture. The Chinese economy has been developed at a very healthy and stable pace in the past five years.

"The Chinese economy is still one of the greatest economies in the world and most of the countries in the world will be happy to have the growth rate that China has in its economy right now," Baldwin said.

International financial heavyweight the International Monetary Fund (IMF) recently upgraded their outlook for the Chinese economy and raised its estimate for China's 2017 growth to 6.7 percent, 0.1 percentage points higher than its last prediction.

This is in line with Baldwin's opinion, which can been interpreted as a show of confidence in China's economic growth.

One of the confidence boosters of the Chinese economy is what he read this week in the newspaper, that President Xi Jinping has directed great controls on intellectual property rights and prosecutions of those who breach intellectual property rights, Baldwin added.

"If you want to secure technologies from Australia, if you want to secure joint ventures and investments from Australia, people need to feel they have protection in their intellectual property rights," Baldwin said.

In Baldwin's opinion, China has shaken off the possibility of a hard landing, as the country has successful launched the Belt and Road Initiative and played an important role in the ninth BRICS Summit.

"The idea of a hard landing was really a story that was generated by many western commentators who failed to understand the structure of the Chinese economy and high level of domestic savings, so there was never a high probability of a hard landing economy in China," said Daryl Guppy, the president of the Northern Territory chapter of the Australia China Business Council.

Guppy believes the whole structure of the economy is very different, as the country can draw a large reserve of domestic savings, which means it may not be involved in international borrowing in the same way other countries are in Europe and in the United States.

"If we put the idea of a hard landing to one side and concentrate on the real issues of economic development and economic sustainability going forward, the Belt and Road Initiative is an important part of that. It will succeed because it doesn't rely on extensive borrowing from overseas," Guppy said.

China has already showed that their management after 2008 was some of the best management of economic development in the world, so there is no possibility for a hard landing for the Chinese economy, Guppy said.

Ken Smith, president of Australia China Business Council Victoria, highlighted the importance of the Belt and Road Initiative for both China and Australia.

Australia also wants to sell its products to Europe or other parts of the world along the Belt and Road through China, so the Belt and Road Initiative is not only important to China but also to Australia and the world as well, Smith said.

The Chinese market, with the increasing demand from the rising middle-class and strong consumption power, is very important to Australia and the world, and Australian businesses should have seized opportunities, especially after the Free Trade Agreement took effect two years ago, Baldwin said.

China and Australia have great cooperation potential in not only mineral and iron and ore industries, but also the tourism and education industries in the next five years, according to Baldwin.

Baldwin took the tourism industry as an example and pointed out that the collaboration between China's UnionPay International and Tourism Australia would ensure enjoyable and smoother experiences for Chinese tourists using the service in Australia, and stimulate Chinese visitors' spending in Australia.

As one of Australia's fastest-growing sources of tourists, China has been Australia's highest spending market for six consecutive years, said Australian Trade Minister Steve Ciobo in an interview with Xinhua News Agency.

The minister said about 1.2 million Chinese tourists visited Australia last year, and this is forecast to nearly double by 2020. These same Chinese tourists spent A$9.7 billion ($7.7 billion) in Australia in the year ending March 2017, Xinhua reported.

The anti-corruption campaign has demonstrated China's determination and capacity to push forward with reform and gives Australian businesses confidence that China can provide a stable, clean and healthy business environment for international investors, Guppy said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 久久2 | 一区二区三区免费视频观看 | 视频福利在线观看 | 国产成人免费视频网站高清观看视频 | 国产亚洲综合一区二区 | 成人精品久久 | 免费在线毛片 | 亚洲国产91 | 亚洲高清成人欧美动作片 | 香蕉久久夜色精品国产小优 | 亚洲免费视频网站 | 成人高清在线 | 久久这里只有精品免费看青草 | 欧美日韩在线看 | 国产亚洲精品久久久久久老妇 | 亚洲娇小性色xxxx | 欧美精品在线一区二区三区 | 久久国产区 | 国产成人精品免费视频大全可播放的 | 色天天爱天天狠天天透 | 国产精品美女网站在线看 | 色婷婷综合在线 | 精品视频免费在线 | 日本不卡一区二区 | 性视频网站免费 | 999jjj在线播放 | 亚洲精品在线免费观看视频 | 亚洲精选一区 | 日本高清视频网址 | 99re视频在线观看 | 亚洲欧洲精品一区二区三区 | 日本高清视频网址 | 九九精品在线 | 久久草在线 | 欧美一二三区 | 91情侣在线偷精品国产 | 亚洲色综合dddd97.com | 国产成人久久婷婷精品流白浆 | 精品久久久久久久 | 欧美狠狠操 | 久久色伦理资源站 |