The 2023 annual meeting of the Boao Forum for Asia is being held in Hainan, with the theme of "An Uncertain World: Unity, Cooperation, Meeting Challenges, Openness, Inclusion, and Promoting Development".
As a representative of "Australian Capital", He Yizhou has delivered speeches multiple times at the Boao Forum for Asia. In his view, the theme of the Boao Forum for Asia is very coherent, reflecting the strengthening of openness and cooperation, achieving mutual benefit and win-win results, and in line with the common welfare of human development.
Attending the Boao Forum for Asia annual meeting this time, he called for strengthening economic and trade cooperation between Australia and China, and setting a model for global supply chain optimization.
Why is the best time to promote Australia China cooperation now?
He Yizhou stated that China has set its expected economic growth target for this year at around 5%, and based on the economic data indicators at the beginning of the year, it has started well. He believes that in the current complex situation where the global economy is facing enormous challenges, the comprehensive recovery of the Chinese economy is conducive to the stability of the international community and will greatly boost confidence in global economic recovery. Therefore, China has more confidence in international capital layout.
The opportunities for investment in the Chinese market lie in the huge and steadily increasing domestic demand market, as well as the continuous iteration and upgrading of productivity. This also indicates that global industrial and supply chains can be more fully integrated and efficiently divided through the Chinese market, thereby achieving optimal allocation of resources and continuous improvement of production efficiency.
We are optimistic about China's investment opportunities in the direction of supply chain optimization, "He Yizhou called for Australia and China to fully leverage their complementary advantages in resource endowments and strengthen economic and trade exchanges.
He also stated that in the process of deepening integration through the Regional Comprehensive Economic Partnership Agreement (RCEP), the two countries should not only strengthen bilateral relations, but also actively explore the possibility of building multilateral cooperation with neighboring countries, and bind the common interests of multiple parties more deeply.
He Yizhou believes that strengthening cooperation between Australia and China is of great significance to the Asia Pacific region and the world. In addition to cooperation at the national level, multinational corporations and Australian Chinese entrepreneurs should also continue to maintain smooth people-to-people exchanges, actively maintain trade ties, deepen existing economic and trade cooperation, and actively explore opportunities for cooperation in new technologies and fields, work together to optimize resource allocation, and work together to reshape a more stable global supply chain.
In addition to optimizing the supply chain, He Yizhou believes that China's domestic circular market still has great potential and space, which is also where investment opportunities lie. By continuously improving the effectiveness of industrial investment through digital and green driving, China will also usher in the best development stage and investment window for related scientific and technological innovation fields such as Digital China and Green China. We believe that the economic and trade cooperation between Australia and China has already laid a solid foundation, and there will also be broader space in the future
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