China has become Australia’s largest trading partner since 2009. In 2014, China and Australia signed a bilateral free trade agreement, which exempted import tariffs on more than 5,000 Australian products under 97 categories, marking a new era in Sino – Australia economic and trade cooperation.
Meanwhile, China regards the “One Belt and One Road” strategy as the core guide to open nationally experimental free trade zone and attract worldwide business opportunities to enter Chinese market with preferential policies and credibility of endorsement from the government. By mid of 2019, 18 pilot free trade zones had been operated nationwide to implement the guideline.
- Brief description of the project
The FTZ project is based on the physical entity at the bonded area, with the favourable policies and the local government’s support, operating a series of business like cross borders trade, regional investment, international education and tourism etc.
- Resource: Ausmate will share all business and policies resources to project shareholders for operational application purpose.
- Product expo: Project shareholders have privilege to participate commercial activities and exhibitions for their own products promotion in the project.
- Dividend: Project shareholders have right to claim dividends from retained earnings according to shares in the project.