The Australia China Business Council has been awarded a three-year grant from the National Foundation for Australia-China Relations to deliver the Strengthening Australian Industry and Business China Capability project.
Through this initiative, the ACBC aims not only to raise China literacy among Australian businesses but also to develop a scalable capability program that will continue to drive cross-cultural understanding and economic collaboration well beyond the grant period.
The ACBC says the strategic initiative will underpin its efforts to enhance China capability across Australian industry and business, reinforcing the council’s role as a champion of this area.
The project will focus on a comprehensive program designed to equip Australian industry with the knowledge and tools necessary to engage effectively with China.
ACBC President David Olsson believes this grant “further reinforces our commitment to developing strategic China capability – a critical asset as we navigate the evolving economic complementarity between Australia and China”.
“With this funding, we will empower Australian businesses to lead through innovation, resilience, and informed engagement in an increasingly complex global landscape,” says Olsson.
The National Foundation for Australia-China Relations (NFACR)-funded project will run over three years and is expected to establish a lasting foundation for enhanced bilateral engagement.
Meanwhile, ACBC members are invited to an exclusive launch of the Demystifying Chinese Investment in Australia 2025 report.
This report is a joint effort between KPMG and the University of Sydney. It delivers valuable insights into Chinese investment trends for the 2024 calendar year.
ACBC members can register here by 26 March 2025 to ensure a spot.
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