New trade opportunities will open up in China for Sydney businesses following the signing of a new trade and investment agreement and one-on-one meetings with Chinese business leaders as part of a government-led delegation to Sydney.
The delegation of 97 business, cultural and civic representatives from southern China marks the start of a series of events in Sydney and on a return trip to Guangzhou to celebrate the 30thanniversary between the two cities.
The Sydney delegation was led by Guangzhou Vice Mayor, Mr Wang Dong, and is the largest delegation from the Chinese economic powerhouse to visit Sydney.
Later this month, Lord Mayor Clover Moore will lead a group of more than 100 representatives from influential Sydney business, academic and cultural institutions to Guangzhou for a four-day program of events in the City’s first overseas delegation.
“Sydney’s economic, cultural, environmental, educational and civic connections with Guangzhou are integral to our future economic competitiveness and our ability to facilitate trade and investment outcomes,” the Lord Mayor said.
“We greatly value the connections that have developed between our two cities over the last 30 years. Sydney and Guangzhou are natural partners – both are outward looking and economically dynamic, with thriving services and innovation sectors.
“We look forward to continuing the collaboration between our two cities on economic issues, the green economy and our cultural links when we visit to Guangzhou in a few weeks time.”
Vice Mayor Wang Dong said his first visit to Sydney to mark the 30 year sister-city anniversary heralded a bright future for the two cities.
“We place great importance on this sister-city relationship with Sydney. The close cooperation in fields of business, education and culture have all indicated the strengthening of the friendship between our two city governments, which has contributed to the development of the relations between China and Australia.
“Under the Lord Mayor’s care and support, this relationship has grown, and we have great expectations for more and closer co-operation with the City of Sydney. I look forward to welcoming the Lord Mayor in Guangzhou and attending the program of events.”
During the two-day visit on Friday 13 May and Saturday 14 May, Guangzhou business officials spoke with local business and trade representatives to promote business opportunities in Guangzhou. A business networking reception at the City Recital Hall was attended by close to 100 Sydney and Guangzhou representatives.
Australia China Business Council NSW Chairman, Mr Jim Harrowell AM, said the delegation visit was testament to the significance of the sister-city relationship.
“The ability for business to leverage the sister-city relationship between Sydney and Guangzhou helps open doors in China, and encourages the development of closer economic cooperation between the two countries,” Mr Harrowell said.
“Government-to-government platforms like our sister-city relationship with Guangzhou lay important foundations for people-to-people and business-to-business relationships.”
The two-day visit to Sydney by the Guangzhou delegation was marked with a number of official and ceremonial events, including:
- Signing of a Trade and Investment Service Credit Authentication memorandum of understanding (MOU) signing between the NSW Business Chamber, The Chinese Academy of International Trade and Economic Cooperation and the China-Singapore Guangzhou Knowledge City at Sydney Town Hall that will build a credit system to boost bilateral trade;
- Signing of a Libraries MOU between the City of Sydney and Guangzhou library to support literacy and cultural activities, and the donation of 500 Chinese-language books that will be housed in the new Darling Xchange library;
- The City of Guangzhou presented Sydney with a 540-volume Guangzhou Encyclopaedia, a collection of historical books housed in a custom-built bookcase;
- Vice Mayor Mr Wang Dong planted a commemorative tree at the official opening of Quarry Green Park in Ultimo and met with members of the local Chinese community;
- Guangzhou Variety Show at the City Recital Hall for local Chinese community members; and
- A photo exhibition of 56 Guangzhou city images curated by the Library of Guangzhou that will be on display at Town Hall Treasury Room on Monday 16 May and Tuesday 17 May.