Remarks by Consul General Dr Xu Jie at 2019 CIIE Business Forum
2019/03/04
 
(28th February, Customs House)
 
Hon. Steve Bredhauer, Chair of Trade and Investment Queensland Board,
Ms. Janelle Casey, State Director of Austrade,
Mr. Wang Maoshan, Chairman of CCCA QLD,
Ms. Zheng Xiaohong, Deputy Chairman of CCCA QLD,
Mr Stephen Abbott, President of ACBC QLD
and many other friends, Ladies and Gentlemen,
 
Good afternoon!
 
At the outset, I wish to extend, on behalf of the Consulate General, our warm welcome to you all for attending the 2019 China International Import Expo(CIIE) Business Forum.
 
CIIE is the world's first import-themed national expo, which embodies the determination of China to pursue a new round of high-level opening-up, and a concrete action to advance an open world economy and  economic globalization. As you know, the second CIIE will be held in Shanghai on November 5-10 this year. The Consulate General is glad to join hands with ACBC and CCCA to launch this forum, to help Queensland companies participate in the event, enter Chinese market and expand their market share in China. We wish you find it a rewarding experience.
 
The first CIIE was a great success. In just 6 days, the event gathered more than 3,600 exhibiting companies, 400,000 purchasers and government officials from 172 countries, regions and international organizations and concluded with deals worth about USD 58 billion. Over 200 Aussie companies were in Shanghai as part of a delegation led by the Trade Minister Birmingham, making Australia's presence the third biggest in terms of the number of products and the sixth largest in number of exhibitors. It has been widely reported that MoUs signed between Australian and Chinese companies worth AUD15 billion.
 
It also needs to be highlighted that Queensland Premier and trade minister Annastacia Palaszczuk led the delegation to attend the first Expo, consisting of 14 Queensland companies. This reflected the importance attached by the Queensland government to China-Queensland economic and trade cooperation and also the closeness and strength of this partnership. I am glad to see more Queensland products like beef, honey, fruits and healthcare products are increasingly popular in the huge Chinese consumer market.
 
Ladies and gentlemen,
 
This year is the 70th anniversary of the founding of the People's Republic of China. China has been among the world's fastest-growing economies, with great market potentials and a strong incentive to upgrade its domestic consumption. In the coming 15 years, China's import of goods and services are expected to exceed US$30 trillion and US$10 trillion respectively.
 
China has been Queensland's largest trade partner and largest source of international students and visitors. In the last fiscal year, Queensland's merchandise export to China reached AUD 22.4 billion, accounting for 30.3% of Queensland's total. China's initiative to expand imports is not a choice of expediency, but a future-oriented step to embrace the world and promote common development. With the stable economic growth of China and rising of its middle-income population, the economic cooperation between China and Queensland will surely be closer and more productive.
 
We warmly welcome more Queensland enterprises to participate in the Expo, to make greater contribution to the economic and trade cooperation between China and Australia and bring more tangible benefits to the people of both sides!
 
Finally, I wish the forum a great success.
 
Thank you!