Greenland Group Chairman, Zhang Yuliang attends 2014 G20 Brisbane Summit
Chairman and President of Greenland Group, Zhang Yuliang was invited to fly to Australia on Monday 17 November, 2014 to attend a series of events as part of the 2014 G20 Leaders’ Summit in Brisbane. China’s leader Xi Jinping and Prime Minister of Australia Tony Abbott along with 12 Chinese entrepreneurs including Zhang Yuliang attended the 4th Australia-China CEO Roundtable Meeting. At the meeting, they shared ideas on the development of the economy and trade in Australia and China. During the visit, Xi Jinping made an address to Australian Parliament and attended an official dinner hosted by the Australian government.
At the Australia-China CEO Roundtable Meeting, Xi Jinping noted that economic and trade cooperation served as the bulk and propeller for China-Australia relations and that business circles were an important force driving the friendly cooperation between China and Australia. Following this meeting, China and Australia both agreed to uplift the Australia-China relationship to form a comprehensive strategic partnership. In doing so, both parties signed cooperation documents including a framework agreement on enhancing investment cooperation to conclude negotiations on China-Australia free trade agreement in providing a more solid and broader bilateral framework for in-depth economic and trade cooperation between the two countries.
It is hoped that entrepreneurs of the two countries could seize opportunities for cooperation from the developed Australia-China relations, particularly in tapping potential for cooperation from macro-development strategies and exploring new growth points between both nations, with practical cooperation benefiting both Australia and China and composing a brilliant new chapter for Australia-China economic and trade cooperation.
Prime Minister Tony Abbott appreciated the great progress made through China’s enterprises’ investment in Australia and welcomed further expansion of these investment in Australia so as to build stronger ties. He noted the substantial conclusion of China-Australia free trade negotiation was encouraging and reflected the broad and strong cooperative momentum between the two nations and hoped the level of bilateral trade investments could continue to be boosted by China and Australia. He noted that the Australian government welcomes and supports Chinese investment and will spare no efforts to create a favourable development environment for Chinese enterprises.
At the Australia-China CEO Roundtable Meeting, Zhang reported on Greenland’s development in Australia, commenting that Australia was one of the overseas markets Greenland Group entered into earlier. At present, Greenland Group has invested in four projects in major cities including Sydney and Melbourne with a total investment of about USD1.4 billion providing and involving a range of products and industries including residential, hotel and commercial. He noted the signing of the China-Australia bilateral free trade agreement was believed to create a more favorable environment for further deepening cooperation between the two nations making enterprise investment more convenient, investment areas broader and the liquidity of capitals, technics and talents freer.
The signing of China-Australia bilateral free trade agreement is a move Greenland Group welcome and use as an opportunity to further increase its investment in Australia. Apart from its current investment in property, tourism and infrastructure, Greenland Group will make use of its advantage in diversified operations to invest in so-called ‘high consumption’ areas such as food trade to make a greater contribution to the economic communication and cooperation. Mr Yuliang’s attendance at a series of events in the G20 Leaders’ Summit is the second time that Mr Yuliang was invited by Xi Jinping to attend world-level leaders’ meetings following the Korea China Forum on Economic Trade in July, 2014. Mr Yuliang’s attendance at these meetings signals that Greenland is considered one of the most popular and outstanding developers overseas and the overseas development of Greenland Group has been highly recognized as the frontrunner in overseas property investment and development.
