Australian agricultural bodies rush for China market access

According to a news report by the Global Times, as diplomatic relations between China and Australia stabilize, there exists the potential to further unlock bilateral economic and trade cooperation. Several Australian industry associations have revealed that Australian agricultural companies consider the Chinese market essential and are eager to re-enter it as soon as possible. However, experts have warned that Australian products have partially lost their market share in China to competitors from other countries. Thus, companies planning to re-enter the Chinese market will face the challenge of rebuilding their presence and customer base. In the second half of this year, representatives from various parts of the Australian agricultural sector, including those responsible for the country’s avocados, blueberries, seafood and wine, visited China, hoping to be the next to secure access to this lucrative market. At the end of August, John Tyas, CEO of Avocados Australia, along with ...