State Profile: New South Wales
NSW HIGHLIGHTS
‹ NSW has the highest Chinese population and prevalence of Chinese language speakers of any state in Australia.
‹ Sydney and Guangzhou have shared a sister-city relationship for more than 20 years.
‹ NSW and the Guangdong province have shared a sister-state relationship for about 30 years.
LEFT: NSW Premier Kristina Keneally with Huawei CEO Ren Zhengfei. (Courtesy of Huwawei Australia)
relationship with China. In NSW, 48 per cent of public school’s international students and 20 per cent of TAFE international students are from China. Approximately 65,000 Chinese students are enrolled in NSW educational institutes. On the cultural front, the Art Gallery of NSW will
display the renowned Terracotta Army of China through to March 2011 after winning the exclusive rights to host the exhibition. This is a rare opportunity as the terracotta figures are usually only ever displayed in their city of Xi’an. In addition to the academic and business aspects of the NSW Week at the Shanghai World Expo, the event also hosted over 130 performances by NSW artists – the greatest concentration of cultural performances by any exhibitor at the World Expo. Some performance highlights from NSW artists included Erth (innovative visual and physical theatre), Joel Salom (street theatre performers) and the Martinex Quartet (jazz and guitar). Chrome, a trio of performers from Sydney, was another performing group that showcased the cultural aspects of Australia. In the telecommunications field, Sydney based
Finisar Australia signed a second contract with Chinese networking-equipment maker, Huawei. The contract means additional jobs in NSW and is worth $20m. Finisar will provide Huawei with innovative switch modules that will take advantage of new fibre optic capabilities. This contract highlights the strength of the innovation and communications sector in NSW. Agriculture is proving to be another successful trade
investment between NSW and China. In June 2010, the NSW government signed an agreement with the Bright Food Group, a large Chinese food company based in Shanghai. The agreement encourages the Chinese to invest in NSW, as well as develop NSW’s agricultural projects. Building on the Memorandum of Understanding, wines from Hunter Valley (Tyrell’s Wines and Brokenwood wines) are sold in China, Australia’s fourth largest wine export market. Another success story is Gloria Jeans, a Sydney-based company. The coffee shop chain currently has five stores in China and plan to build this to 600 stores across China within 15 years. The recent MoU between NSW and Shanghai directly
resulted in a business forum held in November 2010 with the aim of strengthening links between China and NSW in the finance sector. All of China’s ‘big four’ banks already have offices in Sydney, so these further moves instigated by the NSW government show a clear intent to consolidate Sydney as a leading financial hub in the Asia- Pacific region.
Australia China: BEYOND TOMORROW 117
AUSTRALIA
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