久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

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: 亚洲日产2021三区 | 日本高清视频在线观看 | 欧美精品一二三区 | 欧美精品 日韩 | 成人在线午夜 | 欧美高清性刺激毛片 | 亚洲成人综合网站 | 波多野结衣一区二区三区88 | 欧美—级v免费大片 | 成人欧美在线 | 亚洲高清无在码在线无弹窗 | 国产精品久草 | 97婷婷狠狠成人免费视频 | 亚洲一区在线视频观看 | 国产精品尹人在线观看免费 | 小泽玛利亚的一级毛片的 | 欧美一级在线全免费 | aaa级毛片 | 欧美高清日本三级人妇 | 色偷偷成人网免费视频男人的天堂 | 欧美日韩免费播放一区二区 | 黄色影院在线观看视频 | 毛片免费在线 | 在线看亚洲 | 欧美人交性视频在线香蕉 | 九九欧美 | 新婚第一次一级毛片 | 国产亚洲精品美女一区二区 | 无套内谢孕妇毛片免费看 | 久久99久久精品国产只有 | 日本成a人片在线观看网址 日本成年人视频网站 | 不卡一区在线观看 | 久久视频精品36线视频在线观看 | 国产一区二区在免费观看 | 欧美亚洲免费 | 黄色三级网站免费 | 亚洲精品一区二区三区四区 | 久久福利青草精品资源站 | 一区二区三区在线 | 黑人巨大videos极度另类 | 成人毛片国产a |