A delegation from the centre of the Chinese manufacturing industry have visited NSW, with the aim to strengthen connections between the region and Australian businesses.
In partnership with Austrade, one of the largest missions from Guangdong Province to ever visit Australia met NSW government ministers, industry organisations, and businesses.
Guangdong Province is one of the largest Provinces in China by GDP, close to that of Korea. A quarter of all Chinese exports leave the nation’s shores via this province. Cities in Guangdong include the tech centre of Shenzhen, where Huawei, Tencent, BYD and China Merchants Bank are based.
The meeting is the latest in the biennial Joint Economic Meetings (JEM) that develop planning and facilitate commercial cooperation between Guangdong and NSW. Delegates conducted site visits, attended roundtables, and participated in plenary sessions. Businesses were able to network and facilitate commercial collaborations during the event, in the hope of future investment.
NSW and Guangdong Province have had a sister state/province relationship for now 40 years, and the agreement was the first signed by a Chinese state with a foreign country.
The delegation included over 130 members and was led by Zhang Hu, vice governor of Guangdong Province.
Sectors subject to discussion were the health, agribusiness, and smart cities sectors. One outcome of the meeting is improved economic and commercial collaboration, as well as people-to-people exchange, innovation, research and development.