www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

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: 亚洲视频在线播放 | 作爱在线观看 | 国产午夜亚洲精品理论片不卡 | 国产成人丝袜网站在线观看 | 看国产一级片 | 日韩美毛片 | 又黄又爽又刺激的视频 | 免费观看黄色毛片 | 日韩精品一区二区三区视频网 | 免费一区二区三区四区 | 亚洲精品美女国产一区 | 久草视频在线免费播放 | 国产美女视频一区 | 经典香港a毛片免费观看 | caoporen在线视频入口 | 国产一区二区三区视频 | 7777在线视频 | 91精品啪在线观看国产91九色 | 日本一级全黄大片 | 国产精品免费看久久久久 | 国产高清在线精品一区二区 | 国产视频成人 | 二区久久国产乱子伦免费精品 | 欧美特黄视频在线观看 | 手机看片久久国产免费不卡 | 国产精品人成人免费国产 | 青青操网站 | 日本成人在线视频网站 | 免费视频精品一区二区三区 | 99久久精品国产9999高清 | 国产肥老妇视频一 | 欧美一区在线观看视频 | a毛片成人免费全部播放 | 欧美成人午夜毛片免费影院 | 国产手机精品一区二区 | 步兵社区| 手机看片日韩日韩国产在线看 | 99久久99热精品免费观看国产 | 欧美日韩一区二区视频免费看 | 香蕉视频亚洲一级 | a级毛片免费完整视频 |