Export-ready companies invited to visit China
South Australian businesses that are ‘export-ready’ have been invited to join a trade mission to China to be led by Premier Jay Weatherill and accompanied by the Minister for Trade and Investment, Martin Hamilton-Smith.
The mission to Shandong province – a coastal province in east China with a population of 100 million – on 25-27 May 2015 will participate in the second Shandong-South Australia Cooperation and Development Forum to be held in Jinan and Qingdao over three days.
Key areas of potential cooperation and business links include the resources, agribusiness, services, education, tourism, health and aged care sectors.
Companies wishing to secure a place in the trade mission will need to demonstrate that they are ‘export ready’ by having:
- A product or service which has clear potential to meet or create market demand in China.
- Strength in the domestic market.
- A sound business reason and strong commitment for pursuing exports to China.
- An export marketing plan based on a reasonable level of research.
- Supply capability or capacity to lift supply.
- A reasonable level of export knowledge and skills (such as logistics, a pricing model, risk management, export documentation, and the regulatory environment).
- The authority to represent the commercial interests of the business abroad.
- Available resources – financial and human to undertake follow ups with potential partners.
- Marketing materials for the China market.
Business SA chief executive Nigel McBride, who will be a member of the delegation, said the trade mission was “an ideal opportunity for people to gain a first-hand insight into the trade and investment potential in this part of China”.
“Coupled with the Export Growth China initiative, which will showcase the best that South Australia can produce in Shanghai, this trade mission is a very tangible demonstration of the commitment by the State Government and South Australian businesses to further boosting our trade and investment links with our largest trading partner,” McBride said.
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Further information can be found at:
http://www.statedevelopment.sa.gov.au/investment/overseas-opportunities
Eligible businesses are encouraged to submit their application forms by COB Friday, 27 March 2015.
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