The Abacus

ACBC takes Australian Leaders on China Study Tour with Technology & Innovation Focus

By: ACBC
24-09-2018

China Study Tour – Technology & Innovation

ACBC has been committed to strengthening bilateral trade and investment between Australia and China since it was established in 1973, the year after diplomatic relations were established between our two countries. As part of this mission ACBC recently organised a China Study Tour for a delegation of Australian leaders to showcase China’s world leading technology and innovation in transport, infrastructure, environmental management, telecommunications, leisure and shopping. The tour was aimed to increase understanding of this dynamic market and to continue strengthening this important economic relationship.

The study tour in August 2018 was led by ACBC National President, the Hon John Brumby AO and ACBC National CEO Helen Sawczak. It was supported by ACBC National Sponsor Huawei Technologies Australia.

Itinerary included visits to:

  • Huawei HQ, R&D Campus, Cybersecurity Lab, Wireless Manufacturing Centre;
  • BYD Showroom, Electric Vehicle Display, Assembly Line & Test Labs, SkyRail;
  • Tencent HQ Showroom;
  • DJI HQ;
  • Alibaba & HeMa Fresh Store & HQ;
  • AustCham Shanghai Head Office;
  • Australian Embassy Beijing.

And meetings with:

  • Austrade China General Manager;
  • Australian Ambassador to China;
  • ANZ Bank China CEO;
  • NSW Trade Commissioner, South China/HK;
  • Australian Consul General to Guangzhou;
  • Huawei Global Head Corporate Affairs;
  • Alibaba MD Asia Pacific;
  • China Correspondent for The Australian Newspaper.

Overview and background

China is Australia’s largest trading partner. Last year we celebrated 45 years of diplomatic relations, two-way trade between the two countries topped $183 billion this year, over 1.3 million Chinese tourists visited Australia, 166,000 Chinese students enrolled in our universities and we recorded one million people living in Australia with Chinese ancestry. The linkages between our two nations will continue to grow as the opportunities presented by the China-Australia Free Trade Agreement are realised. With this in mind ACBC and Huawei Technologies Australia were delighted to host this brief but exciting tour through one of the world’s economic and cultural powerhouses. The need for Australian leaders to visit and understand this dynamic and diverse market has never been more acute.

For details regarding future bespoke China Study Tours, please contact Helen Sawczak helen.sawczak@acbc.com.au  0407 362 228

 

Australia China Business Council

ACBC is a membership-based, non-profit, non-governmental organisation comprised of National Office, eight Branches, and more than 1500 representatives from over 900 Australian companies who do business with China. Founded in 1973, ACBC actively promotes two-way trade and investment, and economic cooperation and understanding, between the business communities of Australia and China. ACBC plays an influential role as an advisor to the Australian Government on commercial relations with China. The ACBC strongly advocated for the comprehensive China-Australia Free Trade Agreement which fosters more competitive business in both nations. With a National Office plus offices in every State and Territory, the ACBC provides regular business-focused activities for our members. We also organise a series of national events each year which include a day of networking in Canberra to meet with Australian Government Ministers, Chinese Embassy Officials, business executives and senior public servants.

Huawei Technologies

Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. With integrated solutions across four key domains – telecom networks, IT, smart devices, and cloud services – it is committed to bringing digital to every person, home and organization for a fully connected, intelligent world.

Huawei's end-to-end portfolio of products, solutions and services are both competitive and secure. Through open collaboration with ecosystem partners, it creates lasting value for customers, working to empower people, enrich home life, and inspire innovation in organizations of all shapes and sizes.

At Huawei, innovation focuses on customer needs. It invests heavily in basic research, concentrating on technological breakthroughs that drive the world forward. It has more than 180,000 employees and operates in more than 170 countries and regions. Founded in 1987, Huawei is a private company fully owned by its employees.

In Australia, Huawei is the largest supplier of mobile network equipment. It supplies Vodafone, Optus and TPG, serving one in two Australians with their daily communication needs. Huawei employs 700 people and has offices in Sydney, Melbourne, Brisbane and Perth.

BYD

BYD is a high-tech company devoted to technological innovations for a better life. Founded in February 1995, BYD has grown from a start-up with only 20 employees into a global company with 220,000 employees today. Throughout its 23 years of high-speed growth, BYD has established over 30 industrial parks across six continents and has played a significant role in industries related to electronics, automobiles, new energy and rail transit. From energy generation and storage to its applications, BYD is dedicated to providing zero-emission energy solutions. BYD is listed on the Hong Kong and Shenzhen Stock Exchanges, with revenue and market capitalisation each exceeding RMB 100 billion.

TENCENT

Founded in1998, Tencent is a leading provider of Internet value added services in China. Since its establishment, Tencent has maintained steady growth under its user-oriented operating strategies. On June 16, 2004, Tencent Holdings Limited (SEHK 700) went public on the main board of the Hong Kong Stock Exchange. It is Tencent's mission to enhance the quality of human life through Internet services. Presently, Tencent provides social platforms and digital content services under the “Connection” Strategy. Tencent’s leading Internet platforms in China – QQ (QQ Instant Messenger), Weixin/WeChat, QQ.com, QQ Games, Qzone, and Tenpay – have brought together China's largest Internet community, to meet the various needs of Internet users including communication, information, entertainment, financial services and others. As of December 31, 2017, the monthly active user accounts of QQ was 783 million while its peak concurrent user accounts reached 271 million. Combined MAU of Weixin and WeChat was 989 million.

More than 50% of Tencent employees are R&D staff. Tencent has obtained patents relating to the technologies in various areas: instant messaging, e-commerce, online payment services, search engine, information security, gaming, and many more. In 2007, Tencent invested more than RMB100 million in setting up the Tencent Research Institute, China's first Internet research institute, with campuses in Beijing, Shanghai, and Shenzhen. The institute focuses on the self-development of core Internet technologies, in pursuing its development and innovation for the industry. Tencent's long term vision is to become the most respected Internet enterprise. In order to fulfil corporate social responsibilities and to promote civil Internet communities, Tencent has been actively participating in public charity programs. In 2006, Tencent inaugurated the Tencent Charity Fund, the first charity foundation set up by a Chinese Internet enterprise, and the public charity website gongyi.qq.com.

DJI

DJI platforms capture images that were once out of reach. Its flying and camera stabilization systems redefine camera placement and motion. Amazing photos and video, treasured personal memories, and high-end professional imagery are captured every day, in every corner of the world using DJI products.

Headquartered in Shenzhen, widely considered China’s Silicon Valley, DJI benefits from direct access to the suppliers, raw materials, and young, creative talent pool necessary for sustained success. Drawing on these resources, it has grown from a single small office in 2006 to a global workforce. Its offices can now be found in the United States, Germany, the Netherlands, Japan, South Korea, Beijing, Shanghai, and Hong Kong. As a privately owned and operated company, DJI focuses on its own vision, supporting creative, commercial, and non-profit applications of its technology. Today, DJI products are redefining industries. Professionals in filmmaking, agriculture, conservation, search and rescue, energy infrastructure, and more trust DJI to bring new perspectives to their work and help them accomplish feats safer, faster, and with greater efficiency than ever before.

@AusChinaBC

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