In an historic move, South Australia and China have just signed an agreement on trade and economic co-operation. It is the first of its kind between the two countries.
As Premier Jay Weatherill said, “This is a landmark next step in deepening the relationship between South Australia and China. It is crucial that we have a strong relationship with China because it is already our largest export destination and it will soon become the largest economy in the world. China’s growing middle class will be a strong source of demand for our premium food and professional services and its growing urbanisation will continue the demand for our natural resources.”
They met for the first time at a signing in Adelaide on Wednesday that included the premier, the Chinese Ambassador Chen Yuming and senior government and embassy officials.