Business Chief APAC+ANZ Magazine June 2016 | Page 9

GOVERNMENT SUBSIDIES It is no surprise that the large number of sub-markets in China are primarily focused on bringing business , resources , and trade activity to their region to stimulate their local supply and demand elements . In this regard , the government plays a traditional subsidy role to help jump-start as well as incubate new business . Interestingly , and of particular attention to Australian companies looking to start a presence , these subsidised start programs are open to both domestic and new foreign technology players as well as those who can create new ways to utilise existing Chinese product lines . In
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