The world’s most populous country has been achieving remarkable growth and transformation since Deng Xiaoping began the process of opening up and liberalising the Chinese economy more than three decades ago. Unlike Japan, Taiwan and South Korea whose hyper-growth was largely a result of their status as client states of America during the Cold War period, China’s emergence has been …
China has abandoned its decades-long commitment to food self-sufficiency, recognising that increasing urbanisation and incomes, inadequate water availability and land degradation will lead to an increasing reliance on imported products. In 1978, China announced a determination to achieve self-sufficiency in food. The policy achieved such success that by 2002 the Country had become a net exporter of food, but this …
To a Westerner the pace of change throughout China is astonishing. New expressways and high-speed railways snake across the country; towering apartment blocks rise in clusters; rivers are diverted and man-made waterways created. And virtually all of this frenzied activity is the product of the last few years. Perhaps most impressive is the creation of completely new cities and towns. …
Taiyuan has been announced as one of nine pilot cities for China’s Smart City program. The nine were chosen to be the forerunners from a list of 90 cities identified as potential Smart Cities in January this year. In an effort to promote urbanisation and boost the national economy China is looking to transform cities combining government investments, modern infrastructure …
Coal mining companies in Shanxi Province have accumulated very substantial cash surpluses in recent years but have limited opportunities for reinvestment in their traditional industry. In addition government policy aims to fundamentally transform the Province’s economic structure and reduce its reliance on this single, polluting industry. As a consequence the mining companies need to seek alternative avenues for investment, and …
Rather than joining the herd in the overcrowded and overly competitive major cities and coastal provinces of China, Australian companies would do well to consider an alternative strategy of entering into a region where competition from other Western-owned businesses is extremely limited and where they can obtain first mover advantages. Shanyin County is a district in the north of Shanxi …
A leading Australian entrepreneur, Alan Williamson, who for many years successfully guided a regionally-based company in what was arguably the toughest of business environments, namely manufacturing textiles in Australia, recently established his own consultancy, WARTS – Williamson Associates Recovery and Trading Services. Each month Alan Williamson posts a commentary on the current situation for Australian businesses in the Blog section …
Shanxi Province recorded year-on-year growth of 9 percent in GDP in the first half of 2013, at 601.7 billion yuan ($98.1 billion), 1.4 percent above the national average. The value added output for primary industry was up 4 percent, secondary grew 10.5 percent, and tertiary, 7.4, in the first half, while revenues reached 157.2 billion yuan, or 5.5-percent growth year …
Bruce Ross Consulting concentrates its activities on just one part of the huge country of China, namely Shanxi Province. Shanxi, one of the 23 provinces of the People’s Republic of China, has 33 million people, that is, one-and-a-half times the population of Australia. It is just three hours by high speed rail and four hours by road from Beijing. It …
The Prime Minister addressed the National Press Club today, reflecting on the importance of increasing Australia’s engagement with Asia to drive the Australian economy, productivity and competitiveness.
