According to an Australian media report on Tuesday, the Australian government will send a signal to support China’s plan to build a steel plant in Australia.
According to the report, Australia’s ambassador to China, Geoff Raby, will speak at a large steel conference in Dalian, China, that Chinese companies’ plans to seek to build a small steel plant in Australia are understandable.
Yan Jierui will report to the conference that this coincides with the overall reorganization trend of the Chinese steel industry and provides China with an opportunity to enter the new steel export market in Asia.
The report pointed out that China has been studying in private the feasibility of establishing a factory in Australia.
At the appointed time, Ruijie Rui will indicate that Australia welcomes and encourages direct overseas investment, including investment from China, as this will benefit the Australian economy.
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