The document discusses opportunities for Australian businesses in China across several industries as China's middle class grows rapidly. It notes that China will have over 200 million middle-income households within 15 years, fueling demand in retail, agriculture, tourism, financial services, clean energy, healthcare, advanced manufacturing and education. Specific examples mentioned include a 40% rise in meat consumption, growth in travel from more paid leave and visa changes, liberalization of capital markets, investment in green energy due to environmental damage, expansion in healthcare from an aging population, opportunities in rail under China's manufacturing plan, and potential for education exports to increase by $13 billion in the next 5 years from the over 90,000 Chinese students currently studying in Australia.
3. There are more than two hundred million
“consuming class” households in China, and
this is expected to rise by more than one-
third in the next fifteen years. There are, in
short, more people with disposable income
than ever before. “This could represent a
significant opportunity for Australian
retailers.”
4. The rising consuming class will fuel the
demand for food. Meat consumption alone
could increase by forty percent in the coming
fifteen years.
5. Travel is increasingly attractive and
important to the new consuming class; this is
being fueled by more annual leave for
workers, visa relaxation, and other factors.
6. The Chinese government is putting
liberalized capital markets at the top of its
reform agenda.
7. China has sustained much environmental
damage and is going “green.”
8. China’s aging population will promote new
growth in the healthcare industry.
9. China’s 2025 manufacturing strategy
identifies sectors in which Australian firms
can benefit, such as railroads.
10. More than ninety thousand Chinese students
currently study in Australia, a service export
that could grow by another thirteen billion
dollars in the next five years.
11. For any further contact information please
visit below mentioned any source.
https://www.themonthly.com.au/author/and
rew-charlton
http://www.randomhouse.com.au/authors/a
ndrew-charlton.aspx
http://www.brisbanetimes.com.au/news/pla
nning/profile-andrew-
charlton/2007/07/16/1184559700282.html
https://www.linkedin.com/in/andrew-
charlton-30b5bbb8