Overview
It has come one full circle; at the same time it signifies the beginning of a new journey.
In the twenty years that have elapsed between the 1st WCEC in 1991 and the 11th WCEC to be organised in 2011, the world has already undergone a political and economic sea-change. The rise of the Asian economies, the accelerated development of China and India, has shifted the world’s focus to Asia; at the same time, it has deepened and widened the sphere of influence for Chinese enterprises around the world. This is an entirely new scenario, replete with fresh challenges and new business opportunities.
Under the broad theme of New Global Environment, New Chinese Enterprise,
New Impetus, the program will include concurrent panel discussions and an
exhibition which will showcase Technology, Wealth Management,
Education and Urban Solutions.
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Wednesday June 3, 2009, 3:41 pm
General Motors, fresh from filing for bankruptcy protection, has reached a deal to sell its Hummer brand to a Chinese industrial machinery firm, Sichuan Tengzhong, the companies have announced.
Tengzhong 'will acquire the rights to the premium off-road Hummer brand, along with a senior management and operational team,' a joint statement said on Tuesday.
'It will also assume existing dealer agreements relating to Hummer's dealership network,' the statement said.
Final terms of the deal are still being negotiated.
Tengzhong could also enter into a 'long-term contract assembly and key component and material supply agreement' with GM, the statement said.
GM had said that it expected the deal to secure more than 3,000 US jobs.
Dear Members of CCCSA
We would like to advise you that in response to your philanthropic enquiries, The Embassy of the People's Republic of China in Australia has set up a bank account in the Bank of China Sydney Australia. Please remit directly to the Embassy. Do not send any monies to CCCSA.
Account Name: Embassy of The People's Republic of China in Australia Earthquake Relief Fund
Account No. BSB: 352-00 A/C:126512
Bank Name: Bank of China, Sydney Branch
Should you have any query please do not hesitate to contact the Embassy : 0414 880 919
Yours truly
Janet Chin
SALES of uranium to China have been given the go-ahead by a federal parliamentary committee, opening the door to an annual $250 million export windfall.
The major parties backed the export as a major step in the fight to stall climate change. Opponents, however, raised fears of Australian uranium being used in nuclear weapons.
The move had significant implications for SA with its uranium mines, said Boothby MP Andrew Southcott, who chairs the Joint Standing Committee on Treaties, which examined the issue.
"China are going to quadruple the amount of uranium they require by 2020," he said. "They have huge energy needs. By 2020, it will be worth $250 million a year in exports."
(From The Advertiser)
The Chinese Chamber of Commerce have pleasure in inviting you to be a guest at a dinner with special guest speaker Geraldine Cox.
Geraldine started her career with the Australian Department of Foreign Affairs in 1970. Her first posting was to Phnom Penh, where she experienced life in a country at war when the Vietnam War spilled over into Cambodia. Geraldine was made a Member of the Order of Australia in 2000.
Date: Wednesday 21 June 2006
Time: 6.15pm for 6.30pm dinner
Cost: $55.00 per person - (10 course banquet with soft drink included)
Venue: Ming’s Palace, 157 Gouger Street Adelaide SA 5000
Dresscode: Smart casual
RSVP: 08 8410 5838
office@chinesechamber.com.au
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The NBL have announced the addition of the Singapore Slingers to the competition for 2006/07. The Slingers will be coached by Geordie McLeod and feature experienced players such as Brad Davidson, Ben Knight and Aaron Trahair.
Singapore Slingers official website
South Australia's container deposit legislation scheme (CDL) was expanded in January 2003 following extensive industry and stakeholder consultation, including an independent review of the economic and environmental impacts of the beverage container provisions of the Environment Protection Act.
A meeting between President Janet Chin and Senior Adviser Steve Smith paved the way for EPA to meet with local Chinese traders on the CDL Act on the 28th Mar 2006.
EPA is keen to make the awareness of the Act to imported drinks (bottle or can) either from overseas or interstate. CCCSA hopes a cluster group could be formed and thus work closely with EPA.
More information on CDL at www.environment.sa.gov.au
"The acceleration in China's industrial revolution caught miners and markets napping," Access observes in its quarterly Minerals Monitor. "Not only did China's demand growth leap, it has failed to fall back again. The Chinese authorities began stepping on the brakes about two years ago, but to date have had little success in slowing growth."
You only have to look at BHP's 2005 sales to get some idea of what China means to Australian resources producers. In 2002, BHP sold $US371 million worth of petroleum, coal, aluminium and iron ore to China. Last year, Chinese custom was worth $4 billion to the company. And you can expect further exponential growth in 2006.
More at The Australian
Austrade's chief economist Tim Harcourt said China is predicted to be Australia's largest export market within five to six years.
"China's growth is driving real incomes up, thereby increasing demands for greater living standards and consumer goods," Mr Harcourt said.
More at Seven.com.au
It's the first time an Australian funds manager has made such a move into China as the country continues to open up its financial services system to foreign investors.
CBA's funds management arm, Colonial First State Global Asset Management, will join with China's Cinda Asset Management Corporation to form First State Cinda Fund Management Company Ltd.
More from the Sydney Morning Herald
On the 31st May 2005, Defence Minister Robert Hill announced the Federal Government has chosen ACS shipbuilder Pty Ltd as the preferred shipbuilder of the Defence’s projects worth up to $6 billion.
The Melbourne based Tenix missed out on the contract but subcontract work or a further 1000 jobs will be up for consideration around the rest of Australia; particularly at Tenix Williamtown.
South Australian Premier Mike Rann was estatic, “This is fanfastic. Well, that’s wonderful. We’ve won and mission accomplished.” Well Done South Australia!
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Malaysia Prime Minister first official visit to Australia in two decades will be a significant boost to bilateral trade and investment between Australia and Malaysia in 2004.
Australia was Malaysia’s 11th largest trading partner, 8th largest export destination and 10th largest source of import. Since 2000, Australia’s companies have a total investment capital of US $153 million. These were mainly in sectors of rubber products, plastic products and transport equipment.
Malaysia’s commitment towards leveraging on trade was witnessed by signing of MOUs between Kolej Shah Purtra. Kuantan and Flinders University, Adelaide South Australia for The Bachelor of Commerce Degree, HDZ Agriculture Corporation SynBhd and SWALSC ( an aboriginal association that native title representative 2001 ) to be exclusive importer in Malaysia of livestock suppliers.
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Gong Xi Fa Cai
Chinese Chamber of Commerce South Australia is celebrating this year's Chinese New Year at Marble Hall, Sky City Adelaide. Proudly sponsored by Sky City Adelaide and ANZ Bank.
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Free Trade Agreement Negoatiations
On 18 April, Prime Minister John Howard and Premier Wen Jiabao of China agreed that Australia and China will commence negotiations on a Free Trade Agreement (FTA) following consideration of the joint FTA Feasibility Study.
For further information, visit the Department of Foreign Affairs and Trade website.
WELCOME THE YEAR OF THE ROOSTER
The Chamber started 2005 energetically, hosting 2 events in January and February. A cocktail with a membership focus attracted 120 people. It was good to catch up with old friends and meet new people. Hotel 208, Jasmine Restaurant and See Brothers were among many who signed up or renewed their CCCSA membership.
Gong Xi Fa Cat Happy Chinese New Year' Members and supporters had a wonderful celebration dinner to welcome the Year of the Rooster at Westlakes Palace Restaurant. Among the 170 people who turned up to enjoy the ten traditional dishes were Lord Mayor Michael Harbison Ms Olivia (Miss World Australia 2004) and Malaysian Trade Commissioner Abu Bakar Koyakutty.Our sports people were strongly represented by the 36'ers led by Coach Phil Smyth and their Chairman, Mr Brenton Higgins. It was a good move strategically as the 36'ers won the next day.
The evening was truly entertaining with e-type jazz providing the music and the atmosphere simply outstanding! The significance of the dishes was also explained in the menu. The Lion Dance was one of the most lively and spectacular seen in Adelaide and many guests continued to sing and dance until the early hours of the morning.
Our thanks to major sponsors Orient Express Holidays, Tee Lee Travel, Hotel 208, Festival City Wines & Spirits, Tranquil Travel and West Lakes Palace.
Because of the generosity of sponsors and guests, the Chamber was able to raise enough money to deliver 2 semi trailers of hay to our farmers in the Eyre Peninsula.
Special thanks to Siang Lee, Vice President, Major events, who worked tirelessly with her sub-committee, Angie Clifford, Ron Phillips and David Hunter to make the dinner on a big success!
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AUSTRALIAN UNIVERSITIES INTERNATIONAL ALUMNI CONVENTION OPENING CEREMONY.
Since the first AUIAC was held in Adelaide in 1998, the convention has developed into popular biennial event hosted in different cities around the Asia-Pacific. It was appropriate Hong Kong hosted the 2004 convention, the majestic city has solidified its position as the premier gateway to trade and investment on Mainland China.
Hundreds of alumni gathered for the opening ceremony at the Hong Kong Convention and Exhibition centre. The proceedings were opened by the Hon Ms Elsie Leung, Hong Kong's Secretary for Justice. She said Hong Kong is now the home to more than 100,000 Australian Alumni, it remains the first and foremost choice for international businesses and investors to expand operations in the Asia-Pacific region. Both Australia and Hong Kong are free, open and tolerant societies where open governments give opportunities to free enterprise.
Ms Fiona Buffinton, CEO of Australian Education International said Australian Aid will spend $300 million to fund international programs. 700,000 students, the largest student body in the world, have gone abroad to seek higher education. Mr Zhang Xinsheng, Vice-Minister of Education for the People's Republic of China, said socially and economically there are many differences but there are great opportunities for eductional exchange.
Chief Minister of Sarawak, the Right Hon Pehin Sri Dr Haji Abdul Taib Mahmud said we should prepare for the next age of globalisation. He's developing scholarships for Australian students to take one semester or one year of study in Malaysia.
Keynote speaker for the Opening Ceremony was former Prime Minister of Australia, Bob Hawke. In his insightful address Hawke said 60% of Australian exports to go Asia, two way trade between Australia and China has been growing by twenty percent annually for the last five years. In the next ten years China will overtake Japan as Australia's number one export partner.
He said Australia and China were no longer limited by national boundaries. Australian alumni are equipped to make a great difference in the world. Last year there were 136,252 foreign students enrolled in Australia but 81% of them, 110,362 were from Asia. Hawke said no person should be discriminated against because of colour, creed, race or sex. Alumni will be ambassadors for Australia and will increasingly make a difference in the global world economy.
The Ceremony concluded with a fantastic acrobatic display of traditional dancing dragons. The convention was off to a roaring start in the city of life, Hong Kong which made the AUIAC 2004 a bridge to opportunities.
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