Shanghai Links Globally for a Shared Future - Invest Shanghai Global Roadshow - Australia Takes Place Successfully December 03,2024
At 2 PM December 2 Local Time, the 2024 Invest Shanghai Global Roadshow - Australia took place successfully in Sydney. The event, with the theme "Shanghai Links Globally for a Shared Future", aimed to elevate Shanghai's opening-up to a higher level, attract and utilize foreign capital mover vigorously, and enhance cross-regional exchanges and cooperation between Shanghai and the global industry. Key attendees and speakers included Cheng Peng, Secretary of the Shanghai Municipal Work Party Committee of Economy and Information Technology; Ye Wei, Counselor-rank Consul at the Chinese Consulate-General in Sydney; and Andrew Ferguson, Councillor of the City of Canada Bay in New South Wales, Australia.
In his address, Cheng highlighted the 10th anniversary of the comprehensive strategic partnership between China and Australia, noting China's consistent role as Australia's top trade partner, export market, and import source for 15 years. He emphasized the deepening ties and strong friendship between the two countries since Australia established a trade office in Shanghai in 1921. Shanghai, as a pivotal bridge for Sino-Australian cooperation, has maintained friendly relations and achieved significant cooperation outcomes with regions such as Queensland, Victoria, and New South Wales. Cheng also touched on Shanghai's active implementation of national strategies like the Lin-gang New Area, the integrated development of the Yangtze River Delta, and the Hongqiao International Opening-up Hub.
Ye emphasized in his address that China's ongoing comprehensive reforms and its distinct path to modernization are creating new opportunities for global development, with Australia being a key beneficiary. Shanghai, a model of China's vitality and innovation, has been favored by investors worldwide, including those from Australia. He hoped that Australian enterprises will further enhance their confidence in China's development and bring good projects and new businesses to China and Shanghai.
He anticipated broad cooperation between China and Australia in various sectors, including trade, culture, education, science and technology, and tourism, and looked forward to fostering more collaborative opportunities between the two countries.
Andrew Ferguson noted that Shanghai, as the economic center of China, has seen significant investment and industrial collaboration from Chinese corporations such as China Minmetals Corporation, Baowu Group, and Bright Food Group in Australia. Many renowned Australian enterprises also prioritize Shanghai for their investments in China, indicating a wide scope for economic and industrial cooperation with promising prospects.
During the interactive session, Li Guowen, Party Secretary and Director of the Yangpu District Investment Promotion Office, made a presentation on "Invest Yangpu", highlighting the district's strengths in innovation, industry, entrepreneurial space, and business environment. Yangpu, known for its high concentration of talents and innovation, hosts over 10 universities, 74 academicians, and more than 1,300 high-tech enterprises. The district saw a 15.8% increase in high-level talents in 2023, reaching 1,117. Yangpu is actively developing a "1+2+3+4" innovative modern industrial system, with over 7,000 enterprises related to the digital economy. The software and information services sector generated 260 billion yuan in revenues in 2023, with a projected industry scale of over 300 billion yuan by 2025, accounting for over 40% of the district's total enterprise revenues and about one sixth of the city's total. The district is also focusing on an "east-west two-wing" development strategy, with the eastern part concentrating on the "Riverside International Innovation Belt", where major projects like Douyin, Meituan, and Bilibili have been established with total investments of over 100 billion yuan. The western part aims to develop key functional areas such as GKIC, Changyang Campus, and Tongji Rim, attracting regional headquarters and key projects of international companies like Tishman Speyer, Nike, Siemens, Continental AG, Henkel Group, and AECOM. Yangpu is eager to collaborate with Australian enterprises to explore new opportunities for industrial development.
Tom Mott, Managing Director of Savills Sydney, delivered a keynote speech, while Alastair Symington, CEO of Blackmores, shared insights on behalf of the key enterprises.
The event saw the participation of the Shanghai Economy and Information Technology Commission (Shanghai Investment Promotion Leadership Group Office), the Yangpu District Investment Promotion Office, the Minhang District Investment Promotion Center, the Jinshan District Investment Promotion Office, AustCham Shanghai, ANZ Bank, and Minter Ellison in the launch ceremony of Shanghai-Sydney investment promotion and strategic cooperation. This marked the establishment of a communication bridge and bond between Shanghai and Australian enterprises, aimed at offering tailored, comprehensive, and high-quality services for enterprises planning to invest in Shanghai.
Hosted by the Shanghai Economy and Information Technology Commission (Shanghai Investment Promotion Leadership Group Office), organized by the Shanghai Investment Promotion Service Center, the Yangpu District Investment Promotion Office, the Minhang District Investment Promotion Center, and the Jinshan District Investment Promotion Office, supported by the Bank of China Sydney Branch, the event was attended by nearly 150 representatives from leading Australian enterprises, business associations, and universities.