Hualong.com (reporter He Fang) yesterday morning, Chongqing Sydney Economic Forum was held at wesetin hotel in Sydney. The two sides exchanged views on increasingly frequent economic and trade exchanges. Vice Mayor Tan Qiwei, Ms. Keneally, governor of New South Wales and Ms. Moore, mayor of Sydney attended the meeting. The contract amount signed on site is up to US $20 million.

In her opening speech, Ms. Keneally, governor of New South Wales, where Sydney is located, said that over the years, Chongqing and Sydney have had significant cooperation in trade, investment and culture, which is largely due to the close relationship between New South Wales, Chongqing and China. Over the past five years, NSW's exports to China have increased by an average of 18% a year. "New South Wales and Chongqing can provide significant business opportunities for each other. I believe this forum will help build the prospect of common prosperity."

Ms. Moore, mayor of Sydney, said that for most large international enterprises, Sydney is the entry point into the Australian economy. At the same time, Sydney is also Australia's gateway to the world. "Similarly, under the strategy of developing western China, Chongqing has also become one of the portals for international enterprises to enter China. Therefore, we can provide many major business opportunities for each other."

Vice Mayor Tan Qiwei introduced that at present, Chongqing has a developed modern industrial system, a convenient comprehensive transportation network, the most preferential economic policies in China and the most competitive comprehensive cost advantage. Against the backdrop of the international financial crisis, GDP still grew by 14.7% last year. "Chongqing's good development momentum has given birth to unlimited business opportunities. We are willing to share it with friends in Sydney and around the world."

At yesterday's forum, more than ten enterprises including Chongqing Construction Group, Lifan Group, three warm central water heater and Wanzhou Yuquan mustard signed contract orders with Australian enterprises with a total amount of US $20 million.