日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Companies

Westpac sees 'fantastic opportunity' investing in Chinese market

(Xinhua) Updated: 2015-05-25 16:51

SYDNEY - Westpac Banking Corporation sees a "fantastic opportunity" investing in the Chinese market as the governments of Australia and China prepare to sign the China-Australia Free Trade Agreement (FTA).

Westpac, one of the four largest institutional and retail banks in Australia, has been operating in China for over 40 years in what they call the "China corridor," facilitating investment, capital and people flows.

Westpac's Greater China Director, Andrew McKenzie, said there is fantastic opportunity in the Chinese market, however Australian businesses looking to take advantage of the China-Australia FTA must not look at China holistically and take a more targeted approach.

"China has 1.3 billion people, it's a large number of different provinces. Each province has its own language dialect," McKenzie said. "Be very focused and look at the different demographics of the different cities and different provinces."

"The statistic that I have to keep reminding myself is that when you think about the population of Shanghai, it is exactly the same as the population of the whole of Australia. So if someone was looking to say, for arguments sake, to export a dairy product from Australia and just export it to Shanghai, they've all of a sudden replicated the same size market as they have here in Australia. You don't need to be spreading yourself all over China."

Market analysts are growing concerned at the slowing down of the Chinese economy to a predicted 7 percent of GDP growth, particularly for Australia's commodity exporters. However, McKenzie said 7 percent GDP growth is still very strong.

"As China continues to emerge and develop, particularly as it starts to move towards a consumption led economy, there's more reliance on the services sector," McKenzie said. "In China, there are certain sectors certainly above 7 percent, and there is obviously certain sectors growing below 7 percent. So, I think its just part of the evolution and the growth of China."

McKenzie said the amount of trade between Australia and China is expected to significantly increase as tariffs start to reduce over time.

"You only need to look at the increase in trade that New Zealand was able to achieve when it entered into its free trade agreement in 2008 with China. In that situation you saw 44 percent year on year increase in growth. So we expect to see a similar sort of increase in the trade flows."

However, it's Australia's service sector that McKenzie said will have the most benefit.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 美女免费毛片 | 生猴子在线观看免费视频 | 天堂在线视频免费观看 | 国产精品久久欧美久久一区 | 天天躁夜夜躁狠狠躁 | 岛国精品在线观看 | 日韩欧美网站 | 黄色网址 | 久久免费成人 | 超碰在线观看免费版 | 久久精品久久久久久 | 秋霞成人午夜鲁丝一区二区三区 | 九九自拍 | 亚洲精品色图 | 色综合五月天 | 日本吃奶摸下激烈网站动漫 | 国产区一区二 | 欧美日韩一区精品 | 欧美另类极品 | 欧美你懂的 | 欧美群p| 亚洲综合五月天婷婷丁香 | 日韩国产一级 | 国产黄色免费大片 | 国产一二区视频 | 免费欧美一级 | 日本成人综合 | 热99在线观看 | 中文字幕资源在线 | 天堂中文资源在线 | 超碰人人超 | 久操色 | 欧美xxxx网站| a视频在线观看免费 | 国产精品中文字幕在线观看 | 色黄网站 | 国产在线视频网 | 欧美日韩国产麻豆 | 久久久久久久久久久网站 | 亚洲第一页乱 | 亚洲成年人网站在线观看 |