China's Xi reignites Aussie zeal for FTA deal
Updated: 2013-10-11 10:48
(Xinhua)
|
|||||||||||
"Australia's A$15 billion international education sector has been missing in action in most of the discussion around the FTA."
Pearcey warned that there needs to be a balance struck between a pragmatic recognition by both governments of the commercial issues involved in student recruitment on the one hand, and Australia's growing network of Chinese research partnerships on the other.
"The removal of barriers to recruiting students in China... would give Australia's fourth largest export earners a bigger seat at the table, and allow them to continue their growing partnerships with recruitment agents and academic partners and provide world-class degrees to feed the rise of the Chinese middle class."
Henry Makeham, founder of the grassroots bilateral youth forum, The Australia China Youth Dialogue, expresses some of the caution felt within Australia's agricultural sector.
"I would argue that Australia should not be hasty in entering into a FTA with China...whilst an FTA would be a political milestone. Would it really be a net economic benefit, especially when many key sectors, such as agriculture, may be off limits on the China side?"
McLaughlin, who has advised and identified investment opportunities throughout the Australian agricultural sector, says Chinese companies can benefit from increased access to Australia's broad-acre farming products and Australia food-safety and supply- chain management expertise, as well as Australia's low production costs.
Meanwhile Australian farmers can benefit from increased access to the Chinese market and to Chinese capital, as well as Chinese experience in large-scale production and vertical integration.
"I would hope that we could achieve something on the service sector too: Australia and China could both gain from increased trade, cooperation and investment in the legal and financial services sectors in particular, as our skills and competitive advantages in these sectors are complementary," he said.
Related Stories
China, Australia agree to quicken FTA talks 2013-10-10 10:04
Australia confident of FTA with China 2013-10-07 16:02
Abbott's China engagement welcomed in Sydney 2013-10-07 14:06
TPP should be open for China: Australian PM 2013-08-27 10:51
China, Australia trade increases in 2012 2013-08-13 14:06
Today's Top News
Currency swap signed with the EU a 'landmark'
Deepened co-op in East Asia urged
Asian 'safety net' stressed
China's success in Europe 'takes time'
Beidou to have 60% share of home market
Chinese overseas trips to hit 100m
Workforce needs more training, says think tank
Li rebukes unilateral moves
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Rallying to the rescue of fishermen |
Writers chase dreams online |
Officials: A matter of faith |
No crisis of character |
Xi visits Indonesia, Malaysia, attends APEC Summit |
National Day holidays around the world |