Heading for China, Hong Kong, Taiwan – market overviews: Heading for China, Hong Kong, Taiwan – market overviews
Slide2: Fukuoka Nagoya Sendai Sapporo Kunming Chengdu Hong
Kong Ho Chi Minh City Hanoi Guangzhou Taipei Kaohsiung Hangzhou Shanghai Nanjing Beijing Dalian Seoul Osaka Tokyo NORTH EAST ASIA hub office regional office Austrade Locations in North East Asia Qingdao Wuhan Xian
6 markets
26 offices
40 points of presence Japan
Korea
China
Hong Kong
Taiwan
Vietnam Ningbo Macau Shenzhen
Slide4: Kunming Chengdu Guangzhou Hangzhou Shanghai Nanjing Beijing Dalian Office Sub-office Wuhan Qingdao Hong Kong Shenzhen Tianjin Trade Correspondent Xiamen Macao Chongqing Xian Harbin Shenyang Ningbo Wuxi Kunming Chengdu Guangzhou Hangzhou Shanghai Nanjing Beijing Dalian 5 hub offices 12 regional offices Wuhan Qingdao Hong Kong Shenzhen Macau Ningbo Austrade’s Greater China network Xian ~ 120 staff Taipei Kaohsiung The largest network of any foreign government in China
Slide5: North China – key facts
Bohai Bay Rim - Beijing, Tianjin, Hebei, Shandong, Liaoning
Population - 230 million (17.5% of national total
Rival to Yangtze and Pearl River Deltas as FDI magnet
Austrade offices – Beijing, Dalian, Qingdao, Xia’an
Trade Correspondents - Tianjin, Harbin and Shijiazhuang
Beijing
Major infrastructure upgrades for 2008 Beijing Olympics.
Key focus for government related or dependent business.
Mining & Energy
Agribusiness
Building & Construction
Technology & Expertise
Services Beijing Olympics 2008
Slide6: Dalian
Key gateway seaport with a population of 42 million
Government’s ‘Revitalisation’ policy a major driver of economic activity
Urban planning and Design Services
Environmental Management
Agribusiness
Automotive Components and Service Industries
Education
Qingdao
Capital of Shandong province (pop 91 million) – key eastern seaport
Strong in agribusiness, electronics, consumer durables and chemicals
Marine
Building Materials and Technology
Services
Agribusiness
Olympic related (Qingdao is venue for key sailing competition in China)
Slide7: Xian
Capital of Shaanxi province (pop 37 million).
Key hub for west China and Government’s ‘Western Development’ strategy
Incubator centre for software and associated information technology R&D
Mining & energy
Agribusiness
Education
Tourism Services
ICT, software development
Slide8: East China – key facts
Yangtze River Delta (YRD) - Shanghai, Jiangsu and Zhejiang provinces
15 cities with a population of 130 million
Austrade offices – Shanghai, Nanjing, Hangzhou, Ningbo, Wuhan
Trade correspondents - Nanchang, Hefei, Wuxi, Suzhou, Hongqiao
Shanghai
China’s largest city with a population - 17 million.
Central to China's economy and gateway for foreign trade and investment.
50% of Australia's exports enter through Shanghai port - China's largest
Telecommunications and related products and services
Education/training
Infrastructure, building & construction
Environmental services and technolog
Food and beverages
Consumer, fashion, luxury items
Marine related
Slide9: Nanjing
Capital of Jiangsu province (pop 74 million)
Jiangsu - 2nd highest GDP in China
Automotive components, dies & moulds
Tourism, leisure (hotel development, management and marinas)
Corporate, vocational training (preferrably offered in Australia)
Building and construction
Hangzhou
Capital of Zhejiang province (pop 46.8 million).
Hangzhou - voted by Forbes magazine - # 1 city in China for business
Financial services (huge pool of private wealth)
Tourism, leisure (hotel development, management and marinas)
Luxury fashion and cosmetics
Professional training (preferrably in-market)
Sophisticated architectural design and environmental building materials
Technology, brand uplift (high demand for growing private companies)
Slide10: Ningbo
Seaport in sub-provincial city of Zhejiang (pop 5.5 million)
Ranked by Forbes in 2004 as second best commercial city in China
By 2008 linked to Shanghai by world’s longest bridge (40 kms plus)
Medical, natural, health products
Arts, culture, performance related products and services
Environmental infrastructure, building and construction
Architectural and landscape design
Tourism, leisure (hotel development and marine/marinas sector)
Education and training, professional services
Wuhan
Capital of Hubei province (pop 59.8 million)
Education
Building, construction
Automotive components
Architectural design, urban planning
Food and beverage (wine)
Slide11: South China – key facts
Pearl River Delta (PRD) – fasting growing economy in China
Guangzhou the richest city in China
Austrade offices – Guangzhou, Shenzhen, Chengdu, Kunming
Trade correspondents -Changsha, Chongqing, Xiamen, Haikou and Nanning
Guangzhou
Capital of Guangdong province (pop 79.5 million)
25% of all Australian exports to China
Agribusiness, food and beverages
Building materials, architecture and construction services
Education, training and professional services
Consumer products (fashion, jewellery)
Medical and natural health products
Automobile – OEM and after market products
Environmental protection
Marine – yacht and training services
Slide12: Shenzhen
Sub provincial city of Guangdong
China’s highest per capita income & 14% of China’s total exports
Agribusiness, food & beverages, seafood
Building materials & architecture design
Education and Training
High technology, ICT
Logistics
Chengdu
Capital of Sichuan province (pop 87 million)
Significant retail market and FDI magnet, centre of IT and finance
Agribusiness, food and beverage
Infrastructure & building materials
Pharmaceutical
ICT
Slide13: Kunming
Capital of Yunnan Province (pop 43.7 million)
10th highest annual per capita living expenditure on food
Mining
Horticulture
Animal husbandry & agribusiness
Food & beverage
Biotech (particularly plant, animal husbandry and pharmaceutical)
Slide14: Hong Kong – key facts
Population of 7 Million (plus 22 million tourists)
The world’s freest economy & a level playing field for foreign business
4,500 Australian companies exported to Hong Kong last year
The most impulsive shoppers in Asia
If it sells in Australia, it’ll probably sell in Hong Kong
Food & beverages - A$ 7.6 billion market – Australia’s 2nd largest in Asia
Importers, gourmet and major retailers always seeking new products
Most restaurants per capita worldwide – 11,094 and growing!
Health/Lifestyle - health conscious buyers seeking quality health products
Vitamins, organics, supplements, cosmetics, natural products
Technology
Artworks, lifestyle products
Fashion, jewellery
Education and training services
Building & construction materials and services
Slide15: Macau
Asia’s “Las Vegas”
500,000 people & 21 million tourists
An import dependent market
The fastest growing economy in Asia
Food & beverages
Gaming products and services
Training and management services
Hospitality products and services
Building & construction materials, design, services
Slide16: Taiwan – key facts
Population of 22.6 million
Australia’s 9th largest trading partner and 8th largest export market
‘Westernised’ consumer preferences & high spending power
New market opportunities in niche sectors and specialty items
Austrade offices – Taipei, Kaohsiung
Taiwan’s average disposable income is one of the highest in Asia
Help Taiwanese consumers spend their cash!
Food and Alcoholic Beverages
Biggest consumer expenditure sector
New retail outlets for gourmet and imported foods
Australian wine – imports up from A$4m to A$7.5m (2003 to 2004.
Health/Lifestyle
Consumers health conscious with money to spend on wellbeing
Vitamins, supplementary products, organics, natural ingredients
Lifestyle products.
Slide17: Consumer Products
Trendy young adults - strong purchasing power for imported goods.
Single women, high disposable incomes
Appetite for skincare, cosmetics, international luxury brands, fashion
ICT/Biotechnology
Global leader in leading-edge technologies manufacture
ICT production exceeded A$80b in 2005
Natural partner for Australian innovation and commercialisation of R&D
Services
Financial services
Education & training
Management, consulting
Building and Construction
Major opportunity sector
Design services, materials
“Green” building products and technologies