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Australian trade mission to visit China to boost exports, investment

A 1,000-strong trade mission from Australia, dubbed "Australia Week in China (AWIC)," will visit business leaders in Beijing, Guangzhou, Shanghai, Hong Kong, Shenzhen, Xiamen, Shenyang and Hangzhou from April 11-15, to foster closer economic ties after signing of the China-Australia Free Trade Agreement (ChAFTA) in late 2015.

Trade Minister Steven Ciobo said the trade mission, comprising representatives from 1,000 Australian businesses, will "underscore the powerful effect of ChAFTA." 



"Australia Week in China (AWIC) will explore new opportunities for business arising from improved access and the tariff reductions negotiated through the ChAFTA," said Mr Ciobo, reported Xinhua.



"Activity is scheduled across eight business streams: agribusiness, financial services, health and aged care, innovation, education, urban sustainability and water management, premium food and beverage and tourism," he said.



"The first trade mission in 2014 translated into significant trade and investment outcomes for Australia - US$760 million in export sales were generated and more than $2.4 billion in investment followed the event," Mr Ciobo said.



"We anticipate that the breadth and scale of AWIC 2016 will generate similar outcomes and be the catalyst for significant export sales and investments into Australia, further driving jobs and growth." 
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