future of the Victoria–China relationship—a relationship that transcends the transactional and is built on a deep understanding of each other’s people, culture and economies; has genuine connections between governments, businesses and people at its foundation; and draws on complementary strengths to drive mutually beneficial outcomes. 254K Victorians with Chinese ancestry—including 112,000 Chinese born representing approximately one of the Chinese–Australian population 439K CHINESE VISITORS Estimated Chinese visitors to Victoria in 2014-15. China is the largest and fastest growing source of international visitors to Victoria over the past 5 years China’s emerging policy directions Victoria’s established and emerging and challenges capabilities Prioritising the development of innovation Strengths in innovation: including medical industries: supporting sectors to become technology and the life sciences, new energy, globally competitive and the backbone of and advanced manufacturing China’s future economy including collaboration can help China pivot biotechnology, new energy, new materials and towards sustainable growth and higher value next-generation information technology. industries. Developing China’s West: investing in new Liveability credentials: our urban design, infrastructure, providing new services sustainability, education, health, creative (including aged care and education), industries and new energy technology encouraging foreign investment and promoting providers can partner with Chinese provinces ecological development to balance to build cities that respond to urbanisation development across the country. pressures and realise the Chinese Government’s ecological and sustainable Supporting sustainable and ecological development goals. development: advancing civilisation’ ‘ecological and promoting green, low-carbon, climate A world-class medical sector: our health resilient and sustainable development, providers, medical researchers, and medical including through a nationwide carbon trading technology and pharmaceutical manufacturers
future of the Victoria–China relationship—a relationship that transcends the transactional and is built on a deep understanding of each other’s people, culture and economies; has genuine connections between governments, businesses and people at its foundation; and draws on complementary strengths to drive mutually beneficial outcomes. 254K Victorians with Chinese ancestry—including 112,000 Chinese born approximately one of the Chinese–Australian population 439K CHINESE VISITORS Estimated Chinese visitors to Victoria in 2014-15. China is the largest and fastest growing source of international visitors to Victoria over the past 5 years China’s emerging policy directions and challenges Victoria’s established and emerging capabilities Prioritising the development of innovation industries: supporting sectors to become globally competitive and the backbone of China’s future economy including biotechnology, new energy, new materials and next-generation information technology. Developing China’s West: investing in new infrastructure, providing new services (including aged care and education), encouraging foreign investment and promoting ecological development to balance development across the country. Supporting sustainable and ecological development: advancing ‘ecological civilisation’ and promoting green, low-carbon, climate resilient and sustainable development, including through a nationwide carbon trading Strengths in innovation: including medical technology and the life sciences, new energy, and advanced manufacturing collaboration can help China pivot towards sustainable growth and higher value industries. Liveability credentials: our urban design, sustainability, education, health, creative industries and new energy technology providers can partner with Chinese provinces to build cities that respond to urbanisation pressures and realise the Chinese Government’s ecological and sustainable development goals. A world-class medical sector: our health providers, medical researchers, and medical technology and pharmaceutical manufacturers representing
China_Strategy_-_English.docx