greater china overview & insights - global victoria · global trade 12.4% usd $4.1 tr 1. china...
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Greater ChinaOverview & Insights
IntroducingLisa RenkinDeputy Commissioner Greater China
Global Victoria’s Greater China Team
Lisa RenkinDeputy Commissioner, Greater China
Sophia LiSnr Trade & Investment Mgr
Terry WangEducation Services Mgr
Jessica PengOffice Mgr
Sandy GuInvestment Mgr
Nanjing
Shy XunMgr Projects & VicGovt Coordination
Tim DillonCommissioner for
Victoria to Greater China
Jessie GongInvestment Director
Wendy MaoOffice Administrative Assistant
Michael BairdStrategic Advisor, Office of the Commissioner to Greater China
Grace BaiRegional Office Mgr
Jingjing FuSchool Education Services Mgr
Allen KwokChief Representative of Hong Kong – Investment, Government Affairs & Ministerial Travel
Helen PeiInvestment Mgr
Jasmine LuSenior Business Development Mgr
Eva TsangAdministrative and Marketing Officer
Pianpian HuangTrade Mgr
Li QianEducation Services Mgr
Lily WangAdministration & Marketing Officer
Michael Daling ZhangSnr Mgr Trade Development
Gabriel SunTrade & Marketing Mgr
Hong Kong
Beijing
Shanghai
Chengdu
China VGTI Network
Shanghai
(Local HQ)
Beijing
Nanjing
Chengdu
Hong Kong
201010.6%
20147.3%
20156.9%
20166.7%
20176.9%
20186.6%
GDP Growth Rate
Provincial DifferencesNominal GDP per capita (2018)
Beijing
Zhejiang Gansu
Hong Kong
US$ 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