Prime Minister Gillard addresses ACBC Australia China Economic and Trade Cooperation Forum

3 May 2011

Prime Minister Julia Gillard and Chinese Vice-Premier Li Keqiang arriving at the Australia China Economic and Trade Cooperation Forum
The Australia China Economic and Trade Cooperation Forum was attended by over 500 people at the heart of the bi-lateral trade and investment  relationship between Australia and China.

Chinese Vice-Premier Li Keqiang delivering his keynote address to the Australia China Economic and Trade Cooperation Forum
Prime Minister Julia Gillard addressing the Forum

Speaking after Prime Minister Gillard’s address to the 2nd Australia China Economic and Trade Cooperation Forum held on 26 April 2011 in Beijing, Australia China Business Council National Chairman Frank Tudor said ‘the Forum was testament to the multifaceted nature of the Sino-Australian trade and investment relationship’.
Featuring Prime Minister Julia Gillard’s keynote address in China, the Forum showcased Australia’s strengths as a world class trading partner and a premier investment destination.

'The Prime Minister's speech demonstrated to the Chinese leadership that Australia is in this relationship for the long haul. The fact that business leaders stood shoulder to shoulder with the Prime Minister reinforced this to top Chinese leaders and the upper echelons of major companies. The speech is being received for what it is - a renewed commitment spearheaded personally by the Prime Minister to inject new life into Australia's ties with its largest and undoubtedly most significant trade and investment relationship', Mr Tudor said.

‘With 150 senior executives from over 70 Australian companies, this is the largest Australian business delegation ever to visit China and the wide range of sectors accompanying the Prime Minister sends a clear message to Beijing that Australia is absolutely committed to deepening long-term relations with our largest trading partner’ Mr Tudor said.

The Forum featured presentations from leading executives including Rio Tinto’s Iron Ore CEO Sam Walsh, ANZ Bank CEO Mike Smith, Atlas Iron Ore CEO David Flanagan and Tourism Australia’s Managing Director Andrew McEvoy.

A diverse range of senior Chinese companies from both the state and non-state owned sectors also addressed the Forum including companies such as Huawei, Tsinghua Tongfang and executives including Baosteel President Xu Lejiang, MCC President Shen Heting, Minmetals Vice-President Li Fuli and Sinosteel President Huang Tianwen.

With the inaugural Forum taking place in Canberra last June to coincide with Chinese Vice-President Xi Jinping’s visit to Australia, this Forum has now emerged as the premier platform for dialogue on two-way trade and investment ties. Mr Tudor said that the conclusion of a comprehensive memorandum of understanding between the Council and the China Investment Promotion Agency at Tuesday’s event ‘would formalise the Forum’s role as an integral plank of the Australia China relationship’.

For any media queries or to arrange an interview with Frank Tudor, please contact Laurie Pearcey on +61 404 885 088 or +86 15 000 1622 49

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