Three decades of friendship and fruitful collaboration between Queensland and Shanghai were celebrated in late September during Deputy Premier Jackie Trad’s trade mission to China.
Representing Premier Annastacia Palaszczuk, Ms Trad joined the Vice Mayor of Shanghai, His Excellency Mr Xu Kunlin, to sign the twelfth iteration of the Queensland-Shanghai Memorandum of Agreed Cooperation, extending the agreement for another three years.
Supported by TIQ and other agencies, this longstanding sister-state agreement between Queensland and Shanghai has encouraged closer ties in education, science, technology and the arts.
Ms Trad said that TIQ’s Shanghai office had played a key role in encouraging Chinese investment in Queensland projects.
‘When Trade and Investment Queensland opened its first trade office in China in 1996, Shanghai was an obvious choice,’ Ms Trad said.
‘Through that foundational office, we have welcomed a continuous stream of investment from Chinese companies in our state’s resource, transport, agribusiness and manufacturing sectors.
‘China has become one of our most important knowledge partners and a driver of our expanding tourism market.’
Ms Trad said new partnerships were continuing to flourish.
‘China Eastern Airlines is now flying directly from Shanghai to Brisbane, and Queensland tourism operators are joining Alipay, one of the world’s largest online payment platforms based in Shanghai,’ she said.
‘Queensland start-ups are undertaking incubator opportunities over there; Queensland health experts are training Shanghainese doctors and nurses, and the Queensland Ballet is bringing its production of A Midsummer Night’s Dream to the municipality in November.’
Queensland’s aged-care sector is also forging new partnerships in China, with the Queensland-based Australian Silver Industry Group consortium generating $8.6 million in export deals since its inception in March 2018.
TIQ has supported the consortium on a series of missions to Asian markets, including a Shanghai visit in May 2019, which resulted in a major deal for consortium member Bolton Clarke.
The Deputy Premier re-signed the sister-state agreement in Shanghai on 23 September as part of a three-day trade mission to China.
A number of Queensland’s corporate leaders also travelled to Shanghai to support the event, including CEOs and executives from the beef, mining, investment, education, arts and tourism sectors, supported by TIQ and Tourism and Events Queensland.
A Queensland Government reception featured a joint performance from the Queensland Youth Orchestra and the Shanghai Youth Philharmonic Orchestra to commemorate the 30-year anniversary.
China is Queensland’s largest export market, and growth in Asian markets is identified as a key trend in the Queensland Trade and Investment Strategy 2017–2022.