SYDNEY, Oct. 31 (People's Daily Online) Australian companies have an unprecedented opportunity to work with China to help create a more sustainable future. This was the verdict from the Chinese and Australian speakers at the Sydney China Business Forum presented by the University of Sydney's China Studies Centre on 29th Oct.
More than 300 Chinese and Australian business leaders and academics discussed ways to create partnerships to help solve complex sustainability issues.
The Consul General of the Consulate General of People's Republic of China in Sydney, the H.E. Li Huaxin delivered his speech at the opening ceremony of this forum. He said, "Looking at the collaboration relationship between China and Australia, no matter on a state strategy level or among companies, both of us two countries are facing great opportunities and a bright future."
He said, "In the last 41 years since China and Australia established diplomatic relations, there has been frequent high-level visits between each other, achieving cooperation with fruitful results in all sectors including politics, economy, culture, education, security, energy and health, etc., progressing all-around in multiple levels and areas."
Premier of New South Wales the Hon. Barry O'Farrell MP opened the forum by welcoming Chinese investment and said the state has benefited from foreign investment.
"We have an alignment of local, state and federal governments, supporting an issue, supporting engagement within our region and importantly supporting our engagement with China," Mr O'Farrell said.
"One of the benefits that New South Wales has is we're not simply a state where the major relationship with China and other parts of Asia is about resources. We have a far broader spread of investment opportunities and contacts between us and China than any other state."
Professor Kerry Brown, Director of the China Studies Centre, said sustainability issues were of critical importance to Australia and China.
"China's sustainability challenges in terms of its water, food, energy and environment are, by the very nature of the role China plays in the international supply chain and economy, also global challenges. And their solution will involve global co-operation. In each of these areas, Australia has the intellectual, economic and political input to be a partner for China," Professor Brown said.
Presented by the University of Sydney's China Studies Centre, the Sydney China Business Forum is an annual event to help open dialogue between Australia and China. It is hosted by the City of Sydney and HSBC Bank Australia is the major sponsor.