In early February, the Victorian branch of the Australia China Business Council hosted a lavish Chinese New Year event for 450 people at Melbourne’s National Gallery of Victoria in conjunction with the Chinese Chamber of Commerce in Australia and the NGV. The event kick starts the Year of the Snake for further business and cultural links between the State of Victoria and China.
Seven in 10 Australian companies in China are optimistic about the overall Chinese economy and 53 percent are extremely or highly likely to expand their Chinese operations in the next 12 months, according to the 2012 Australia China Business Perceptions Survey.
In November, Tourism Australia has signed a deal worth close to A$9 million over the next three years with major China international carrier, China Eastern Airlines.
Western Union has announced a partnership with ChinaPay, the online and mobile payments subsidiary of China’s UnionPay, allowing universities and higher education institutions around the world to accept international tuition and student fees in the Chinese Renminbi.
In December, Australian and Chinese government ministers signed a new higher education and research agreement which will see six new joint research centres opened across Australia.