The Australia China Business Council (ACBC) Western Australia and China Chamber of Commerce in Australia have revealed their naming rights partner — Roy Hill — for the Chinese Lunar New Year Gala Dinner 2025.
On 5 February 2025, the event will be held at the Optus Stadium in the river view room in Perth, Western Australia.
Roy Hill is a major Australian resources company, leading through innovative, integrated mining rail and port operations, to export iron ore safely and efficiently from West Australia’s Pilbara region.
Chaired by prominent Australian business leader and 2023 West Australian of the Year Gina Rinehart AO, Roy Hill currently ships more than 63 million tonnes of iron ore per annum to steel making markets including China, India, Japan, Malaysia, South Korea, and Vietnam.
ACBC is the premier bilateral business organisation in Australia dedicated to the Australia-China economic relationship. It is a national non-profit membership organisation with branches in every state and territory.
The council has a network of over 20,000 organisations and a member of more than 700 focused on furthering Australia-China trade and investment. The organisation also hosts more than 4,000 events annually.
Founded in 2006, the China Chamber of Commerce in Australia is a non-profit organisation formed by Chinese enterprises in Australia. As of 2019, there are 372 members across New South Wales, Victoria, Western Australia, Queensland, and South Australia.
The Chinese lunar new year in 2025 welcomes the Year of the Snake, which symbolises wisdom and transformation and also offers opportunities for personal growth, change, and follows the Dragon.
As Mining.com.au previously reported, China is the fifth-largest foreign direct investor in Australia with investment stock worth $46.6 billion in 2023 — accounting for 4% of total foreign direct investment. Recently, Chinese investment has expanded from mainly mining to other sectors, such as infrastructure and healthcare.
Due to structural and demographic factors, China’s growth forecast to moderate out to 2026, expecting a slowdown from 5% in 2024 to 4.5% in 2026.
Write to Aaliyah Rogan at Mining.com.au
Images: ACBC
