Canberra Networking Day 2024

23 Jul 2024

Posted By: ACBC

The Australia China Business Council (ACBC) successfully hosted its 20th annual Canberra Networking Day (CND) on Thursday, 12th September 2024, at Parliament House.

The event brought together business leaders, policymakers, and industry stakeholders to discuss the future of Australia-China economic relations, focusing on strengthening this important partnership.

As Australia’s largest trading partner, China’s significance was reflected in the high-profile lineup of speakers, including the Foreign Minister, Trade Minister, Leader of the Opposition, and their shadow counterparts. ACBC President and Chair, David Olsson AM, delivered the opening address, reflecting on a decade since the signing of the China-Australia Free Trade Agreement (ChAFTA), which has driven bilateral trade to $325 billion in 2024.

This year’s theme —Capability, Opportunity, and Ambition— highlighted the need for Australian businesses to engage with China in a resilient and informed way. Sessions explored key areas such as decarbonisation, the impact of geopolitics on regional partnerships, and insights from Australian businesses operating in China. Discussions also emphasised opportunities for collaboration, from energy transition to sustainable agriculture.

The event showcased the contributions of Chinese Australians to the bilateral relationship, with discussions on how Australian businesses can further engage with these communities.

The night before the main event, ACBC hosted the HSBC Executive Dinner at the National Gallery of Australia. The dinner featured a keynote from Rio Tinto’s Australian Chief Executive, Kellie Parker, alongside a menu crafted by Adam Liaw that celebrated Australian rock lobster paired with Penfolds wine.

ACBC concluded the event with a call to action, encouraging participants to take the bold ideas discussed and work together to shape the future of Australia-China relations.