A Chinese delegation, from a range of Chinese companies, travelled through South Australia last week to explore potential trade and investment opportunities in the State’s grains sector.
The delegation joined representatives from Austrade and Primary Industries and Regions SA (PIRSA) for a four-day visit to key grain producing regions across the State.
Acting Agriculture, Food and Fisheries Minister Gail Gago revealed the Chinese trade mission from July 31 to August 3 will showcase how the State’s research, government and industry sectors work closely together to produce high-quality Australian grains products for the world market.
“The grains sector is the most significant agriculture sector in South Australia, where we’ve had about 1 per cent annual increase in grain yields during the past 30 years,” she said.
The statement from the Government, revealed China is already South Australia’s largest trade partner, contributing more than $3.3 billion to the State’s record $12.4 billion in exports in the 12 months to May.
Representatives from a range of Chinese state-owned enterprises and privately owned companies were expected to visit Viterra’s ship loading site for grains export to Asia and Balco Australia – the nation’s leading processor and exporter of high-grade oaten and cereal hay.
Southern Mallee District Council’s Chief Executive Officer Tony Renshaw believes the visit presented real trade and investment opportunities for South Australia.
“Export and market development with China creates opportunities for better value at the farm gate for our growers and that contributes to the sustainability of agriculture in South Australia,” he said.
“It means more jobs in rural South Australia, it’s greater value for money for the South Australian Government, it means local industries thrive and prosper and that rural communities are likely to attract more capital investment,” he added.