During the Boao Forum for Asia, Vaughn Barber, Chair of AustCham China, was interviewed by China News Service, where he discussed the evolving Australia-China economic relationship. This new phase is characterized by a focus on innovation, green energy, and high-value industries, building on existing trade while opening doors to new opportunities.

 

“The shift from resource-based trade to sustainable growth and shared economic opportunities is set to define our future cooperation.”

 

Vaughn highlighted that China’s green energy transition will continue to drive demand for Australian iron ore and LNG, while domestic policies focused on consumption, food security, and agricultural modernization will further open up market access for Australian businesses.

 

He also emphasized the potential for collaboration in emerging sectors such as healthcare, renewable energy, and the EV battery supply chain, pointing out that China’s leadership in EV charging infrastructure and battery recycling presents unique opportunities for Australian companies.

 

“The ongoing reshaping of global supply chains enhances economic resilience for both nations.”

 

On the subject of emerging technologies, Vaughn underscored the importance of a complementary partnership between Australia and China, rather than a competitive one. He emphasized that Australia’s economic transformation depends on open, pragmatic, and mutually beneficial collaboration in areas like AI, renewable energy, and digital platforms, allowing both nations to leverage shared strengths for mutual growth.

 

“China’s leadership in e-commerce and new technologies offers unique opportunities for Australian businesses to expand into high-value markets.”

 

With over 400,000 reads, this interview underscores AustCham China’s role as the leading voice for Australian businesses in China, advocating for its members and ensuring they remain well-positioned to seize new opportunities in the ever-changing Chinese market.

 

To read the full article (Chinese) please click here: https://m.chinanews.com/wap/detail/chs/zw/10392743.shtml