greater china overview & insights - global victoria · global trade 12.4% usd $4.1 tr 1. china...

Greater ChinaOverview & Insights

IntroducingLisa RenkinDeputy Commissioner Greater China

Global Victoria’s Greater China Team

Lisa RenkinDeputy Commissioner, Greater China

Sophia LiSnr Trade & Investment Mgr

Terry WangEducation Services Mgr

Jessica PengOffice Mgr

Sandy GuInvestment Mgr

Nanjing

Shy XunMgr Projects & VicGovt Coordination

Tim DillonCommissioner for

Victoria to Greater China

Jessie GongInvestment Director

Wendy MaoOffice Administrative Assistant

Michael BairdStrategic Advisor, Office of the Commissioner to Greater China

Grace BaiRegional Office Mgr

Jingjing FuSchool Education Services Mgr

Allen KwokChief Representative of Hong Kong – Investment, Government Affairs & Ministerial Travel

Helen PeiInvestment Mgr

Jasmine LuSenior Business Development Mgr

Eva TsangAdministrative and Marketing Officer

Pianpian HuangTrade Mgr

Li QianEducation Services Mgr

Lily WangAdministration & Marketing Officer

Michael Daling ZhangSnr Mgr Trade Development

Gabriel SunTrade & Marketing Mgr

Hong Kong

Beijing

Shanghai

Chengdu

China VGTI Network

Shanghai

(Local HQ)

Beijing

Nanjing

Chengdu

Hong Kong

201010.6%

20147.3%

20156.9%

20166.7%

20176.9%

20186.6%

GDP Growth Rate

Provincial DifferencesNominal GDP per capita (2018)

Beijing

Zhejiang Gansu

Hong Kong

US$ 7,370

US$ 21,269

US$ 14,803US$ 4,725

US$ 48,517Sichuan

Global Trade

12.4%USD $4.1 Tr

1. China

2. USA

3. Germany

24. Australia

Imports

USD $1.8TrGlobally #2

1. USA

2. China

3. Germany

21. Australia

Ports

4of the top 5

1. Shanghai

2. Shenzhen

3. Ningbo

5. Guangzhou

Air Freight

3of the top 11

1. FedEx

6. Cathay Pacific

9. Air China

11. China Southern

China is a Global Trade Hub

This new Australian-first

agreement sums up everything

we have achieved with China

over the past four years – it

means more trade and more

Victorian jobs and an even

stronger relationship with ChinaPremier of Victoria, The

Hon. Daniel Andrew

Victoria’s Engagement with ChinaBelt & Road

A Broad Engagement – Over 40+ Years

5 Premier Visits

37 Ministerial Visits

1500 VYLC Students

110 HAMER Scholarships

12 Asia Capability

Projects

2 Sister Provinces

City of Melb & Tianjin

Culture

Trade & Investment

MOUs eginnovation

zones

Business & Investor Migrants

Trade with China – Around $28.3 Bn

23% of Victoria’s goods exports go to China

26% of Victorian imports come from China

中国

Exports to China

2015 2016 2017 2018 2019

International Education

48,92758,064

68,179

80,13788,401

2014 2015 2016 2017 2018

Chinese International Student Enrolments in Victorian Universities

(Dec 2018)

Tourism

422,220

534,700573,600

642,400679,900

2015 2016 2017 2018 2019

Chinese Visitors to Victoria (Year Ending March 2019)

20% Dairy tariffs up to 20% are being eliminated by 1 January 2026

25% Beef tariffs of up to 25% are being eliminated by 1 January 2024

20% Wine tariffs of up to 20% were eliminated on 1 January 2019

30% Citrus fruit tariffs of up to 30% eliminated by 1 January 2023

Pharmaceuticals, including vitamins and health product tariffs of up to 10% were eliminated on 1 January 201910%

2015 Chinese-Australian Free Trade Agreement

HealthcareBeauty

Snack FoodTravel

Education

eCommerce & New Retail

Financial and Legal Services

LliveabilityUrban Design

Environmental Management

Professional Services

CoachingFitness

Jnr & Female Participation

DevicesData Analytics

Sports & Active Lifestyles

Opportunities

Opportunities

EnglishResearch

Study ToursUniversities

VETOffshore Delivery

Education

BeefDairyFruit

JuicesAlcohol

F&B

Clinical TrialsMedical Devices

GP servicesAged Care Facilities

Diagnostics

Medtech, Health & Aged Care

Busy Market Place

Market Access

Regulatory Environment

Politics Business Culture

Legal System

Challenges of Doing Business in China

Market Entry Advice – How The Victorian Government Can Assist

Understand your target market

Labeling, marketing and

advertising

Register your IP

Choose your partner carefully

Seek help from Global Victoria

Is China right for you?

Resources

The World Bankhttps://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=CN

China Skinnyhttps://www.chinaskinny.com/

The Silk Initiativehttps://www.thesilkinitiative.com/

Caixin Globalhttps://www.caixinglobal.com/

South China Morning Posthttps://www.scmp.com/

McKinsey & Company Insights https://www.mckinsey.com/featured-insights/china

KPMG China Economic Monitorhttps://home.kpmg/cn/en/home/insights/2018/02/china-economic-monitor.html

Lowy Institutehttps://www.lowyinstitute.org/

Greater China

Thank you