Zhejiang Deepens Economic and Trade Cooperation with Australia

On June 10th, the China (Zhejiang)–Australia Trade and Investment Conference was held in Hangzhou. The conference, which marked the first event of the 2025 International Economic and Trade Investment Delegation’s Zhejiang Tour, was jointly hosted by CCPIT Zhejiang and the Australian Zhejiang Overseas Chinese Federation. It attracted more than 100 guests and business representatives from both China and Australia, who gathered to explore new paths for deepening bilateral economic and trade cooperation.

Chen Jianzhong, Chairman of CCPIT Zhejiang and CCOIC Zhejiang, stated that Zhejiang has a solid industrial foundation and a dynamic market environment, while Australia is rich in natural resources and has an open investment policy. The economic structures of the two sides are highly complementary, with enormous potential for cooperation. He expressed hope that the conference would further deepen practical exchanges in trade, investment, and other fields, and provide more cooperation platforms for enterprises on both sides.

During the conference, CCPIT Zhejiang and the Oceania Business Association Incorporated signed a memorandum of understanding (MOU), marking a significant step forward in business matchmaking and resource sharing between the two sides. The B2B session saw lively discussions, with enthusiastic participation from enterprises on both sides. Some of the companies expressed initial interest in cooperating in areas such as medical and healthcare, new energy technologies, construction and engineering, and cross-border e-commerce.

During the Zhejiang Tour, the Australian delegation will also visit key enterprises and platforms, including Alibaba, Hangzhou Future Science and Technology City, Dahua Technology, Baima Technology, Jinyi Comprehensive Bonded Zone, and Yiwu International Trade Market. These visits will allow the delegation to gain an in-depth understanding of Zhejiang’s innovation industry ecosystem and business environment, thus promoting further cooperation between the two sides.