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

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

Australian businesses confident about Chinese economy in next five years

By Yang Yang | chinadaily.com.cn | Updated: 2017-09-18 17:01
Australian businesses confident about Chinese economy in next five years

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 point 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.

Most Viewed in 24 Hours
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
 
主站蜘蛛池模板: 国产免费叼嘿在线观看 | 亚洲最大福利视频 | 广西美女一级毛片 | 亚洲免费在线播放 | 欧美亚洲一区二区三区四区 | 国产v欧美v日本v精品 | 国产精品小视频在线观看 | 天天色天天碰 | 国内精品易阳在线播放国产 | 国产麻豆剧传媒精品好看的片 | 日本不卡免费一区 | 欧美大片一区二区三区 | 91精品国产91久久综合 | 六月婷婷久久 | 妞干在线 | 欧美国产一区二区三区 | 亚洲精品在线视频观看 | 日韩a| 日本一区二区三区免费高清在线 | 青青免费视频精品一区二区 | 人人干人人舔 | 91精品国产91久久久久久吃药 | 欧美高清视频一区 | 成人免费毛片片v | 超级成人97碰碰碰免费 | 欧美三级 在线播放 | 国产成人一级片 | 亚州a| 欧美精品成人 | 久久xxx | 欧美日韩中| 日本一区二区高清不卡 | 欧美同性精品xxxx | 国产精品久久影院 | 成年网站在线观看 | 特黄做愛又硬又大A片视频 小视频在线看 | 日本hdxxxxx护士免费的 | 91在线观 | 亚洲一区二区三区免费视频 | 国产成人免费无庶挡视频 | 中文字幕伊人久久网 |