China’s thriving regions - Yunnan Yunnan: HIGHLIGHTS:
‹ Yunnan was China’s first province to pioneer cross-border RMB settlement in 2004.
‹ Kunming is planned to be a financial hub for the Great Mekong Sub-region and pan-Asia in the long-term.
‹ Lijiang plans to build a ‘World Primrose Garden’ ecotourist site.
‹ The World Horti-Expo Garden in Kunming has led to the development of many leisure and entertainment projects.
Yunnan, China’s most southwestern province, is situated in a mountainous area that has reduced poverty and achieved significant economic growth thanks to the implementation of the Western China Development strategy. Yunnan’s export-import volume bounced back quickly in early 2010 to achieve almost US$11 billion from January to October, an 85 per cent year-on-year increase, despite a small decrease in 2009. Australia has become the second largest trading country of Yunnan province, with a cooperative focus on agribusiness, minerals, mapping and construction, while biomedicine and cultural tourism have great potential to be explored. Yunnan has competitive agribusiness and animal husbandry, as it is the home to the largest diversity of plants, of which almost 2500 are indigenous. The agricultural products’ export volume reached over US$1.06 billion in the first 10 months of 2010, mainly including tobacco, flower, tea, coffee, vegetables and fruits. Australian companies have long been involved in the province’s agribusiness. Australian company Agrimac has been in partnership with Yunnan Macadamia Industry Development Company to provide technical service in the growth and production of macadamias. Kunming, Yunnan’s capital city, has joined its sister city Wagga Wagga to arrange regular training programs for technicians of animal husbandry. Another Australian company, the Lynch Group, established a presence in Kunming in 2007 and has grown to be a steady customer of Yunnan’s horticultural production. The Australian and Yunnan Governments have paid
growing attention to Yunnan’s advantage in plants and animals. In August 2009, the Yunnan governments signed an MoU on agribusiness to facilitate two-way investment on agriculture, husbandry, horticulture and sugar processing. In November 2009, senior officials from Australian DAFF (Department of Agriculture, Fisheries and Forestry) and executives from the pasture industry investigated Yunnan’s pasture and dairy development and reaffirmed the cooperative opportunities in international projects and introduction of Australian pasture. Yunnan also prides itself in its rich mineral resources, with China’s largest reserves of aluminum, lead, zinc and tin, as well as large reserves of copper and nickel. China Yunnan Copper Group has cooperated with Australian companies since it introduced smelting furnaces from
146 Australia China: BEYOND TOMORROW
TOP: Bird, flower and fish market, Kunming. Photo by Jean Claude Toung. LEFT: Shredded Tobacco Stall, Laomeng Market. RIGHT: Porters in traditional costume, Kunming Airport
Australia’s M.I.M. Holdings in 1999. This cooperation helped the company increase its production and reduce energy consumption, and consequently contributed to environmental protection. In 2004, the group became the cornerstone investor of China Yunnan Copper Australia Limited, an Australian company formed to explore minerals in Australia and overseas. Another Australian company, the Sentient Group, together with Yunnan Metallurgical Group Company, invested in Xinli Non Ferrous Metals Co. Ltd in early 2008 to develop titanium products. It has also decided to increase its investment in Yunnan’s metallurgy. Yunnan has the geographic advantage to advance its
regional economic cooperation with southeast and south Asia since it is situated at the combining site of Eastern, Southeast and South Asia subcontinent. Planes from the Kunming Airport can reach most of Asia’s airports within five hours. Yunnan’s highways, railways, airport facilities and waterways have improved dramatically. Currently Yunnan has nearly 2500km of expressways and 12 air- ports to connect its major cities with the other capital cit- ies of China, as well as international destinations. The new Kunming International Airport is under construction to serve an almost 40 million passengers per year by 2020. More international services are expected when the Kun- ming International Airport is completed, with the Yunnan Airport Group Company having already discussed coop- erative opportunities with Qantas, Tiger Airways Australia, Jetstar Airways and Virgin Blue to serve Australia.
Fan Xiao-Pu
CHINA
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