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					August 2010   Volume Three Issue Six                                   

                    You are invited to a cocktail evening with:

         The Honourable Kristina Keneally MP
                                 Premier of NSW

 Premier Keneally has recently returned from an official visit to China where she launched
  NSW week at Shanghai Expo, promoted NSW trade, finance, business investment,
               education and tourism and held talks with Chinese banks.

The Australia China Business Council invites you to hear Premier Keneally’s perspective on
 her recent China visit and her message for NSW companies engaged in China trade and

                                                        6.00 p.m. – 8.30 p.m.
                                                        Thursday 26th August 2010

                                                        Level 13
                                                        1 Macquarie Place
                                                        Circular Quay NSW 2000

                                                        Members $90
                                                        Non-members $120

                                                        To RSVP, visit the NSW events section of

                                                        Contact Marika Janis, Executive Director
                                                        NSW, to discuss sponsorship opportunities
                                                        for this event.

                                                        P: 02 9247 0349

In this issue: China Construction Bank gets branch approval, event reviews
of Barry O’Farrell MP Luncheon, Leaders Dialogue and Shanghai Trade Mission
as well as End of Financial Year Networking Evening details.

              ACBC NSW Newsletter         August 2010          Page One
August 2010      Volume Three Issue Six                                           

The Honourable Barry O’Farrell MP luncheon review

The Honourable Barry O’Farrell MP, Leader of the              Mr O’Farrell also mentioned that if he came to
Opposition and Leader of the Liberal Party in NSW,            office he would be looking to appoint a full-time
delivered an address to the Australia China Business          Asia specialist, to advise Cabinet on the Asia-Pacific
Council on Friday the 23rd of July in Sydney.                 region.

Mr O’Farrell said his primary goal if elected Premier         Mr O’Farrell also obliged in an open Q & A session
would be to grow and strengthen the NSW                       at the end of his formal presentation. Several
economy. He said he would make a priority the                 members took the opportunity to raise their
competitiveness of NSW in relation to other states,           personal concerns with the Leader of the NSW
especially in securing major federal government               Opposition.
funding and private sector investment.

The Honourable Barry O’Farrell MP, Leader of the NSW          Members sitting for lunch.
Opposition, addressing members.

Deputy Consul General Madam Li Yanduan talks with Professor   Jim Harrowell AM, President ACBC NSW, chats with The
Richard Henry AM, Deputy Vice Chancellor (Academic),          Honourable Barry O’Farrell MP over lunch.
University of NSW.                                            (Photos courtesy Les Dainter,

             ACBC NSW News Bulletin                    August 2010               Page Two
August 2010      Volume Three Issue Six                                       

SME Breakfast Roundtable - 18th August
                                   This free and distinctly member driven business roundtable is designed
                                   to provide small and medium businesses with an opportunity to
                                   workshop business challenges, opportunities and issues in Australia
                                   China trade.

                                   This is your opportunity to engage with fellow members over breakfast
                                   on issues pertinent to your business interests in China .
                                   David Thomas, CEO of Think Global Consulting and ACBC NSW Board
                                   member will moderate the discussion.

Email to register your attendance. Event sponsorship options also
available. Event is 8am-9am, at Westpac, 60 Martin Place, Plaza Level - as for the ACBC event at reception.

New Members                    China Construction Bank to open Sydney branch

China Confidential
                                The Australian Prudential Regulation Bank’s goal of developing a global
Euro Asia International         Authority (APRA) approved on the     commercial financial services
                                4th of August the opening of a       network.
GIS Aviation                    branch of China’s second largest
                                bank, the China Construction Bank,     In March 2010, The Agricultural
Gao Fu Limited                  in Sydney. The approval means          Bank of China joined the
                                China Construction Bank joins the      Commercial Bank of China in
Inter-Law Group                 Bank of China and the Industrial and   opening a representative office in
                                Commercial Bank of China as the        Australia. The opening of a
Kuehne & Nagel                  third major mainland bank to be        representative office is generally
                                approved as an Authorised Deposit      considered to be an initial step in
Performance English             Taking Institution in Australia.       gaining approval to provide branch
                                                                       services in Australia.
Sino Resources Capital          According to a statement on the
                                Bank’s website, the branch will
Yunnan Baiyao                   provide deposit services, loans,
                                trade financing, foreign exchange
Younis & Co                     trade and other commercial banking
Mr Quang Nguyen
                                The statement also said the opening
Mr Duncan Mackay                of the Sydney branch is a further
                                step towards China Construction

               ACBC NSW News Bulletin             August 2010                   Page Three
August 2010     Volume Three Issue Six                                            

                               End of Financial Year
                             Networking Evening 2010
The Australia China Business Council annual end of financial year networking reception is our
chance to show our appreciation to long-standing members for your support and to welcome the
many new members who have recently joined.

FREE EVENT (current financial members only) limit of 2 registrations per
member organisation. To register, email

 Monday 30th August 2010       Time - 6:00 pm to 8:30 pm Venue - Bank of China, 39-41 York St, Sydney

 2009 Networking Evening:

                                                                        2010 Evening Sponsored by:

Outcome of ACBC Qantas Shanghai 2010 Trade Mission
The Australia China Business Council joined with its      The business program combined business matching
Official Airline Qantas Airways for a major Trade         with networking and interaction with government
Mission focusing on Shanghai and the Yangtze River        officials on both sides of the bilateral relationship.
Basin between Monday 5 July and Saturday 10 July
2010.                                                     Delegates were also treated to an exclusive VIP gala
                                                          dinner at the Australian pavilion at Shanghai World
Comprising twenty companies from throughout               Expo 2010 and were given the opportunity to invite
industry and across Australia, delegates had a first      a select number of their clients and major
hand opportunity to network with key drivers of           stakeholders.
Chinese growth and lay the foundations for long-
term commercial relationships.                            Keep an eye on the News section of the web site for
                                                          photos of the mission to be uploaded shortly.

              ACBC NSW News Bulletin                   August 2010           Page Four
August 2010       Volume Three Issue Six                                                     

Australia China Business Leaders Dialogue review

                                                                - Qu Wenchu, Senior Vice-President, Huawei Technologies
                                                                - Zhao Jianfei, Deputy Editor, Caixin Media Group
                                                                - Chris Cheng, General Manager, Corporate Banking Unit,
                                                                Bank of China
                                                                - James Zhai, Vice-President, Sinom Holdings & Director,
                                                                Asia Iron Pty Ltd
                                                                - Frank Tudor, Chairman, Australia China Business Council
                                                                - Dr Geoff Raby, Australian Ambassador to the People's
                                                                Republic of China
                                                                - Paul Glasson, Chief Representative in China, ACBC;
                                                                Chairman, Sigiriya Capital
                                                                - Ian Bauert, President, Rio Tinto China
                                                                - Gilles Plante, Executive Director North East Asia and
                                                                Europe, ANZ Banking Corporation
                                                                - Maurice Newman, Chairman, Australian Broadcasting
In partnership with the Australia Network, the
Australia China Business Council was delighted to               The Dialogue was facilitated by veteran ABC
host the Australia China Business Leaders Dialogue              journalist Jim Middleton and officially opened by
(ACBLD) at the Australian Pavilion at Shanghai                  Australian Commissioner General for Shanghai
World Expo 2010 on Wednesday 21 July 2010.                      World Expo Ms Lyndall Sachs PSM.

It was the first dialogue dedicated exclusively to              The Australia China Business Council gratefully
bilateral trade and investment issues to be televised           acknowledges the support of the ABC, the Australia
and convened one month after the Australia China                Network and the team of professionals at the
Business Council hosted the largest forum of                    Australian pavilion. For more information about the
political leaders and CEOs in the history of Sino-              Dialogue or for any queries about National events
Australian relations to coincide with the visit of              please email
Chinese Vice-President Xi Jinping to Australia.

Panellists discussed a range of issues including
progress towards a Free Trade Agreement, China's
currency revaluation, Chinese investment into
Australia, China's go-global strategy, Australian
investment into China, information and
communications technology, research and
development and banking and financial services.

Panellists included:

 - Shen Heting, President, China Metallurgical Corporation       Chris Cheng (General Manager, Corporate Banking Unit, Bank
- Wang Qunbin, President and Executive Director, Fosun           of China - L), Frank Tudor (Chairman, ACBC - M), Shen Heting
Group                                                            (President, MCC - R)

               ACBC NSW News Bulletin                        August 2010             Page Five
   August 2010 Volume Three Issue Six                                                            

   Photo Gallery:

   Jim Harrowell AM, President ACBC NSW, chats with The            Annie Guo, Pricewaterhousecoopers - China Practice and Peng
   Honourable Barry O’Farrell MP over lunch.                       Douyi, Vice Consul, Consul General of the PRC in Sydney.

   Above: Professor John Hearn, Deputy Vice Chancellor
   (International), The University of Sydney, asks a question of
   The Hon Barry O’Farrell MP. Right: The Hon Barry O’Farrell MP
   and individual member Ducman Allen Yip.

   Event photographer: Les Dainter, E: W:

If you would like to submit a member profile for possible inclusion in future newsletters and/or ACBC’s national website, please email Please note this is available for financial members only.

                                              ACBC National Sponsors

                   ACBC NSW News Bulletin                      August 2010               Page Six

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