Australian Firms Ink $3.1 bln in China Deals: Report

AFP reports on substantial news deals signed between Australian companies and the province of Guangdong:

“At present, it is a good time for further enhancing the cooperation between and Australia,” Huang Huahua said in Sydney on Tuesday, the Australian Associated Press (AAP) reported.

“We welcome enterprises in Australia to seize new opportunities,” he said at a ceremony which made official 27 infrastructure, agriculture and industrial projects in the Southern Chinese province, AAP reported.

Huang called on and Australia to focus on mineral and energy cooperation, two-way investment, and to strengthen scientific and technological cooperation in an effort to spur economic growth, the report said.

Trade between and Australia was worth 8.14 billion dollars in 2008, AAP said, accounting for around 13 percent of total trade between China and Australia.

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