Overview of report

China's entry to the World Trade Organization is an important milestone
in its historic journey to 'embrace the world market'. Not only is China
further lowering its trade and investment barriers, generating immediate
opportunities for exporters and investors, but its WTO entry package reinforces
the reform program that is revolutionising the Chinese economy. By further
scaling back the role of the state sector, opening and restructuring the
financial sector, strengthening the legal system and gradually levelling
the playing field for private and foreign firms, China should improve its
still challenging business environment and maintain strong growth over the
next decade, providing expanding opportunities for Australian business.

The report analyses the impacts of WTO entry and other recent reforms on
China's economy, forecasting prospects and highlighting major Australian
opportunities emerging in agriculture and agribusiness, minerals and energy,
manufacturing, infrastructure and services. It provides guidance on navigating
the rapidly changing business environment, helping business reduce risk and
capture emerging commercial opportunities. The report updates the EAU's major
1997 report, China
Embraces the Market.

• Download full report [ PDF 936 Kb ]
• Executive Summary [ PDF ]
• Table of Contentsf [ PDF ]
• Company Case Studies
• Recent Chinese Macroeconomic Policies -
  Associate Professor Yong Cao, Department of Economics, Nanyang Technological
  University, Singapore
• The Chinese Telecommunications Industry -
  Dr Yanrui Wu, Senior Lecturer, Department of Economics, University
  of Western Australia
• The Chinese Oil and Gas Industry -
  Dr Yinhua Mai, Researcher, Centre of Policy Studies, Monash University
• Recent Reforms in China's Grain Policies -
  Associate Professor Harry Wu and Ms Esther Shea, Hong Kong Polytechnic
  University

Launches

Melbourne, Tuesday 26 November 2002

• Speech
  by the Minister for Trade, the Hon Mark Vaile
• Presentation [ PDF ] and speech from
  Dr Frances Perkins, Executive Director, EAU
• Presentation [ PDF ]
  and speech from
  Bill O'Shea, Partner, Hunt and Hunt Lawyers
• Presentation [ PDF
  8.0 Mb ] from Carl De Koning, General Manager, Strategy and Human Resources,
  Air International

Perth, Wednesday 27 November, 2002

• Presentation from
  Brian Hopkins, Acting Director, International operations, Central TAFE
  (speech to be supplied)

Brisbane, Friday 29 November, 2002

• Speech from Lyle Bruce, General
  manager Marketing, MIM Process Technologies
• Presentation [ PDF
  650 Kb ] and Speech from Ed Vowles,
  Director, Cardno MBK

Sydney, Monday 2 December, 2002

• Presentation [ PDF ]
  from Geoff McMillan, Logistics Manager, Email Metering

Contact details

Phone: +61 2 6261 2237

Fax: +61 2 6261 3493

Email: economic.analytical@dfat.gov.au

Sponsors

This report is proudly sponsored by

The Australia-China Business Council also is assisting to launch this
report

[Economic Analytical Unit Homepage]