AUSTRALIA ADVANCES CHANGE: FROM MINING TO DINING
A multitude of people attended a lunch meeting at Sydney’ s Randwick Racecourse on Saturday to discuss China’ s demand for Australian produce and Australia’ s desire to supply it.
This event was hosted by the Australian Turf Club( ATC), as part of its inaugural Chinese Racing Festival, a new strategy to attract the lucrative Chinese market for its long term viability. According to the ATC Executive Darren Pierce, Chinese like luxury experiences and fashion.
While watching the racetrack, Australia-China Primary Industries Council headed the discussions between the two countries’ government dignitaries and businessmen, they also included Federal Trade Minister, Andrew Robb.
Since the mining resource industry in Australia has come to a halt, a kick-start for the Australian economy is needed. Their next best bet is agriculture.
According to organizer Edmund So, Australian farmers have the capacity to produce more but aren’ t, because they don’ t know how to sell overseas. He added that the key concerns from the Chinese perspective were secure supply chains so buyers can depend on a constant flow of produce and secure prices.
This will be a great opportunity for the Australian economy. More job opportunities will be available for the masses.
Photo by AustralianTurfClub
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