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CHINA IN
TOUCH
A fortnightly newsletter
since 2007 for Northern
Territory branch members
Northern Territory Branch
April 8, 2015
Issue 149
NT secretariat (08) 89270061
NT President’s observations
Last week the wind in Beijing bought an unwelcome reminder that Winter had not entirely
disappeared. The first cherry blossoms in YuYuanTan park struggled against the cold but elsewhere
there were warmer winds heralding a significant change in pace for Renminbi internationalisation.
As is often the case in China, its separate small straws that herald the official change in wind
direction. I spoke at a conference for Oanda where the focus was on methods for trading currencies.
Its seen as an emerging area and there is great interest in advanced trading techniques and platforms.
In discussions following the conference I gathered outline details of a major currency trading
conference in Beijing in September. The conference is sponsored by the National Development and
Reform Commission (NDRC) and marks the first time that a Government body has become involved
in education in this area. This suggests a level of official preparation for change.
It’s a straw that was joined by comments from central bank governor Zhou Xiaochuan who
hinted the Renminbi could become a freely traded currency as early as this year. Speaking on a
panel with International Monetary Fund managing director Christine Lagarde , Zhou suggested this
goal could be ‘‘realised’’ in 2015. The use of the world "realised" is very significant because they move
beyond previous statements which set full convertibility as a goal. .
These comments and NDRC conference support are combined with the increasing impetus
around the launch of the China sponsored Asian Infrastructure Investment bank and the lesser known
Silk Road Investment Fund. The preferred currency for both of these initiatives is the Renminbi but
currently it is not freely tradeable. The effectiveness of these national priority initiatives will be
hampered if the Renminbi is not fully convertible.
Part of the solution is to widen the official trading band for the Renminbi and this has been
progressively implemented. It now trades within 2% of the benchmark daily rate. Widening the band is
a way to introduce convertibility without a big bang shock such as occurred when the Australian dollar
became fully convertible in December 1983.
The creation of multiple Renminbi trading hubs in Singapore, London, Australia and elsewhere are
designed to facilitate trading, settlement and investment. They are precursors to a full Renminbi
internationalisation.
Another straw in the wind is the announcement of a new trading link between Hong Kong and
Shenzhen. This replicates the success of the Hong Kong-Shanghai Stock Connect launched in
November last year and this was an important step in the internationalisation of the currency. Trade
settlement is in Renminbi and the funds flow into China has been steady.
Yet another straw is the announcement of several more free trade zones. A significant feature
of these zones is the potential to remove capital restrictions with trade between the zones.
Finally there is the increasing possibility that the Renminbi will be included in the basket of
currencies that are used to value the IMF’s Special Drawing Right. The basket currently includes the
US dollar, euro, yen and pound sterling and it will be reviewed later this year. The increased number
of straws in the wind moving towards Renminbi internationalisation will make it easier for the
Renminbi to be included in the Special Drawing Rights basket.
Each of these straws are separate but they are indicative of an imminent change in the wind.
The impacts on investment and hedging decisions cannot be ignored.
Daryl Guppy,
President,
NT Branch – Newsletter editor
CANBERRA NETWORKING DAY
On Wednesday 25 March, the ACBC Canberra Networking Day was the first to be held since
the Australian and Chinese governments concluded negotiations for an historic Free Trade
Agreement (FTA). The event provided an opportunity for participants to hear from a comprehensive
line-up of Australian leaders on the FTA relative to their Government portfolios and business
operations, the likely signing of Australia to join Asian Infrastructure Investment Bank, the work being
done by the Australian Chambers of Commerce in China, the findings of the 2014 ACBC Australia
China Trade Report and steps to be taken to deepen even further this critical bilateral trading
relationship.
The 2014 Australia China Trade Report (ACTR) was launched by The Hon Julie Bishop
MP. The document was authored by Dr Wei Li and Professor Hans Hendrischke of the University of
Sydney, and following Minister Bishop's launch and speech, an informative panel discussion took
place between
 Hon Warwick Smith AM, Chair of the Australia-China Council
 Hon Kelly O'Dwyer MP, Parliamentary Secretary to the Treasurer
 Dr Wei Li. The University of Sydney Business School and Co-author of the ACTR
 Mr Spiro Papas, Executive General Manager, Global Institutional Banking, NAB

Findings from the ACTR that were highlighted included :
 Since 2009 the benefit to Australian households of trade with China has increased
almost five-fold from $3,400 to $16,985 in 2013.
 Approximately one in 58 Australian jobs are sustained by direct export activities to China in
2011
 Direct trade with China has contributed 5.5% to Australian GDP, twice as much as agriculture,
forestry and fishing
 almost 200,000 jobs were created via direct exports to China in labour intensive industries
such as mining, agriculture and tourism combined
 and the list goes on...
Further presentations reinforced the findings of the ACTR and gave us insight into the way forward in
our partnership with China from prominent persons such as
 Professor Ian Chubb AC, Chief Scientist
 Hon Bruce Billson MP, Minister for Small Business
 Hon Joe Hockey MP, Treasurer, officially representing the PM
 Hon Jamie Briggs MP, Assistant Minister for Infrastructure and Regional Development
 Mr Bruce Gosper, CEO Austrade
 Hon Ian Macfarlane MP, Minister for Industry and Science
 Mr James Yang, Chief Representative, UnionPay International
 Hon Bill Shorten MP, Leader of the Oppostion
 Ms Jan Adams PSM, Deputy Secretary Tree Trade Department DFAT
 Graham Fletcher, First Assistant Secretary, Free Trade Division, DTAF
Ms Tracy Coglan, Chair of the Australian Chamber of Commerce in Beijing, together
with the ACBC National President, the Hon John Brumby, signed a Memorandum of
Understanding between the AustChams in China and ACBC. Tracy spoke of the
significance of formalising our commitment to exchange 'on the ground' information, work
on synergies and provide greater resources for businesses trading between our two
countries.
Once again the Canberra Networking Day has proven to be a premier event for
networking at the highest levels of government and industry on the Australia-China trade
and investment relationship.
We look forward to providing ACBC members with an opportunity to participate at the
event when it is held again next year. We gratefully acknowledge our sponsors The
National Australia Bank for their support in the production of the ACTR and to UnionPay for
their assistance with the roll-out of the event across Australia.
From Virginia Birrell, CEO, Victoria ACBC
CHINA LAUNCH OF ACBC CHINA TRADE REPORT
Finance Minister, Senator Cormann, launched the China Australia Trade report in Shanghai
on March 30. ACBC NT President Daryl Guppy, represented ACBC National and spoke at the lunch
which was hosted by Shanghai Auscham.
Guppy positioned the report as unique, providing a factual basis to counter the
misconceptions in the Australian media and highlighted the way it can also be used by Chinese and
Australian business as a resource in discussion. ACBC got a good hearing and excellent profile.
National Australia Bank focussed on NAB involvement and support for ACBC in creating this
unique report. They praised the quality of the report.
ACBC MOU and cooperation with Auscham was highlighted by the President of Shanghai
Auscham and this received approving support from Shanghai Consul General Alice Cawte and
others. He also highlighted that Guppy co-chaired the committee which initiated the original and
ongoing reports so that added validity to representation of the
board and ACBC.
The Minister did a good job on speaking to the report
and used the executive summary to highlight the main report
issues.
Audience was good quality and the report was
delivered to the right people. CCTV reporter Cheng Lei
ensured ACBC gets domestic global business cover via CCTV
English.
The Shanghai release of the report satisfied DFAT,
Austrade, NAB, Auscham and provided the Minister with a
significant platform.
The release of the report hit the right notes, made the
right contacts, satisfied the relevant stakeholders and put
down an investment in a better future for ACBC in China in
cooperation with Auscham. This followed the release of the
report by Foreign Minister Bishop in Canberra a few days earlier.
From Daryl Guppy
THE ABC OF JADE
Hopefully readers now have some idea as to how to recognize and judge the value
of Feicui. Let us put aside discussion of cheap vs. expensive jade and move on to the
more frightening matter of fake Feicui. Actually, when one says the words “fake jade” he is
classifying himself as an amateur. Jade does not differentiate real vs. fake; it classifies
Jade as A, B, C or B+C grade.
A Grade: Unprocessed, unaltered 100% natural Feicui. Natural jade that has only
been polished in wax and undergone a heat treatment is known as A grade.
B Grade: Has undergone a bleaching process to clean the inside of impurities and
inferior color. However, this process destroys the inner structure of the Feicui, leaving
holes where the impurities used to be. These holes are filled with a type of clear polymer
and then lacquered. This corrects all of the problems and leaves a highly transparent
finished product that is known as B grade.
C Grade: It takes an already cut stone and adds color by dip-dying the stone.
Color altered Feicui is known as C Grade.
After the Feicui has undergone an acid and alkali cleaning, it is dried and then
dyed. This is called B+C Grade.
B, C and B+C appear brighter, clearer and have a rich color like the highest quality
Feicui, but it is no longer a legitimate natural stone so it does not have the ability to
maintain or increase in value. If you spend hundreds, thousands, or hundreds of thousands
on a B, C or B + C grade you are simply wasting money because it is not even worth 100
yuan. In addition, B, C or B+C
are not durable; after a short
time the polymer and inner
structure breakdown,
the
color fades, and it cracks and
breaks easily.
There are many ways
to distinguish A grade from B
grade, C grade, and B+C
grade.
B
grade’s
water
quality is a little muddled or
cloudy, it looks a little like
gelatin. If
you use a
magnifying glass to examine
the texture, you will see
obvious continuous sheets of
small threads left over from
the acrid erosion. B grade
feels light in your hand. If you
hit a B grade bracelet, it will
resonate with a dull sounding
“thud.”
A grade Feicui has distinctly different and separate colors within the stone; even
though there will be some gradual changes in color, the color changes would never appear
sloppy or blurred. In C grade jade, the man-altered color flows along the holes left by the
removed Feicui impurities and leaves patterns of visible threads.
The best place to shop is at specialist stores. Prices will be more expensive but the
quality is guaranteed. Of course, the safest method is to go to a nationally certified
institution to appraise
the jade and obtain a
certificate
of
authenticity.
Another simple
distinguishing method
is to spend a few yuan
to buy a currency
detector. Shine the
detector’s
small
ultraviolet light on the
Feicui, if you see
fluorescent glow, then it
is defiantly B or C
grade, A grade does
not change under the
ultraviolet light.
Compiled by Daryl Guppy from multiple sources including LostLaowei.
SPECIAL INVESTOR VISA WEBINAR April 9
ACBC members can register for the event and obtain dial-in details. It should also provide any
information they require – i.e. a brief description of the event, who should attend, etc.
https://attendee.gotowebinar.com/register/7231833588066056193
This paper below form the basis of the discussion. The link to Austrade’s SIV PIV website:
http://www.austrade.gov.au/invest/significant-investor-visa-and-premium-investor-visa-programmes. It
provides useful background information for the webinar.
Guizhou Province photo exhibition in Darwin
20-30 April 2015
City of Darwin
17:00-18:00 PM: Photo exhibition Opening Ceremony at City of Darwin Community Art Hall
(upstairs of library), Open by Katrina Fong Lim, the Lord Major of City of Darwin. In
cooperation with Australia China Friendship Society. (Province details in notes below)
Accor Hotels ACBC MEMBERS DEALS
Member companies of the Australia China Business
Council can take advantage of up to 10% off the best
unrestricted rate of the day at over 1800 Accor hotels
worldwide in more than 90 countries. Benefit from multi
brand availability at Sofitel, Pullman, MGallery, Novotel, Mercure, Ibis, all seasons, and Barriere
hotels and optimise your hotel spend. This special offer is redeemable through your ACBC
branch office.
MEET YOUR NEW ACBC NT EXECUTIVE MEMBERS
Myriam Giovanazzi – Treasurer
I have been in senior management role for the past
twenty years. My working history includes finance, IT,
project management, marketing, audit as well as strategy
planning. I am a highly motivated and professional
person who has the ability to identify opportunities, seek
key objectives and plan clear strategies. I am
community minded person, and volunteer as a treasurer
with Ruby Gaea and a committee member of Women’s
Network NT.
ACBC NT OBJECTIVES
We aim for these services for ACBC NT members:
To assist members to understand the nature of the business environment in China and where
relevant opportunities lie.
 To raise the profile of ACBC NT members within the NT and Chinese business environment
 To share information regarding industry issues in the China market.
 To assist in generating business between member businesses.
 To facilitate co-operation with the China Council for the Promotion of International Trade in
relation to business issues.
 To present the views of NT SMEs operating in China to government authorities and other
business groups where appropriate.
 To share market and economic intelligence and insights on critical industry issues.
 To create and maintain a collaborative community of business owners that can draw on each
other for support in their engagement with China.
 To work in a collaborative community of Chinese business, cultural and friendship organisations
to expand the networking capacity of NT members.
These objectives are achieved with networking events, workshops, conferences, briefing,
newsletter communication and participation in creation of NT and national Government strategies.

NT ACBC Branch Meeting Dates –
Meetings are open to all members of the ACBC, not just the committee members. Most matters
discussed at the meeting are passed by general agreement. All members are encouraged to
contribute ideas to the discussions.
Current proposed meeting dates are:
 April 16, Thursday 12:10 to 1 .00pm
 May 21, Thursday 12:10 to 1 .00pm
2014-2015 NT ACBC Executive
Daryl Guppy - Guppytraders.com (President / National Board Member) china@guppytraders.com
Xian Li – Department of Mines and Energy lixian0914@gmail.com (Vice President)
Karen Green - Partner Deloitte Touche Tohmatsu kgreen@deloitte.com.au (Vice President)
Myriam Giovanazzi – Colliers Myriam.Giovanazzi@colliers.com (Treasurer)
Committee members
Jane Wang – Dept of Resources Jane.Wang@nt.gov.au
Rachel Telford - Dept of Tourism - Rachel.Telford@nt.gov.au
Ex-Officio members
Wayne Fan – Department of Chief Minister
Lorenzo Strano - Dept. of Foreign Affairs and Trade
Bernadette Eggington - Austrade
Lisa O'Donoghue –
SCHEDULE OF NT BRANCH CHINA BUSINESS BRIEFINGS 2015
The Business Briefings will continue in 2015 and be provided free of charge for members
only. Visitors are welcome to attend, but a small $20 fee is payable. (Free if you join ACBC at the
briefing) . Briefings run for about 60 minutes. Business Briefing sponsorship options are also
available.
Proposed briefing events include:
 China Australia Free Trade Agreement and the NT
 Importing/exporting
 Translation tips
 Negotiation and deal structuring in China for Australian companies.
For more information, or requests for specific briefing topics, please contact ACBC Secretariat on
89270061 or acbcnt@acbc.com.au
ACBC NT WELCOMES NEW AND CONTINUING MEMBERS
Have your member business profile included in the newsletter. Send details to
acbcnt@acbc.com.au
GOT A CHINA STORY TO TELL? - SEND US YOUR NEWS
You are a valued member of the Australia China Business Council and we are keen to
receive news on your business activities that we can published on our national website or in our NT
newsletters. Do you have an amusing, or interesting or cautionary tale. Drop us a note for the
newsletter. It doesn’t have to be long. Just a paragraph or two is ok. The newsletter is designed to
link with NT members so share the experience and help others to understand this China challenge.
Send your notes to acbcnt@acbc.com.au
CHINA REGIONS GUIDE - Guang Xi 广西
The jagged vertical mountains swimming in a sea of mist in classical Chinese paintings draw
their inspiration from this region. The landscape in Guilin is often described as the most beautiful
place in China. This is the home of the Miao ethnic group. This region borders Vietnam and has a
similar climate. These notes are designed to give you more starter points so you can you talk to
guests from Guangxi about the distinctive features of the province. This series is designed to give
some basic background information on some of the provinces and cities in China. Its not an
exhaustive list but a starting point for conversation.
Map from www.wikipedia.org
General background
This region is more correctly known as an autonomous region rather than a province. This is
because of its ethnic diversity, although Han make up 62% of the population. This is the location of
the limestone karst mountains with the Dragons teeth towers of rock seen in classical Chinese
paintings. This is a well developed tourist area and the relatively small town of Guilin has direct
international flights. The terrain of Guangxi is very mountainous. Many mountain regions are located
around Guangxi including the Nanling Mountains and Yuecheng to the Northeast. The Duyao
Mountains and Fenghuang are just above the northern border.
History
The area become part of China in 214 BC. The area has a long revolutionary history and was
the base from which the Taiping rebellions spread in the 1850’s. The region was opened to direct
foreign trade in 1889 when the French established a railway line between Vietnam and China. The
area has been a staging post for conflicts with Vietnam, most recently in 1979.
In 1958, the Guangxi Zhuang Autonomous Region was established, and it is now one of the
five Minority Autonomous Regions in China.
Industry
This region has large mineral and gas reserves. It has the largest deposits of tin, iridium and
manganese in China. The offshore gas reserves are also significant. The region is a major producer
of timber and forest products. Guangxi has sufficient coal and iron deposits to support moderate
industrial development
Most people are farmers, and agricultural production includes rice, wheat, corn and peanuts.
The region has significant industrial production in automobile parts, heavy machinery,
electrical equipment and instruments. Investment in the area comes from Hong Kong and Japanese
companies.
Food
Many of the dishes appear to be more at home in South East Asia, but its not as sweet as
Hong Kong and Cantonese style cooking.
Dishes include Guilin Rice Noodles. Taking pride of place as the most popular local snack in
Guilin. The noodles are pliable but strong, fragrant and mellow, and cheap. Guilin rice noodles can
probably be found within 100m of any town or city area.
Rice noodles, gravy, fried peanuts or soybeans, chopped scallions and thin slices of different
kinds of meat are added for various versions of this renowned and
tasty dish. Well-chopped condiments include: spring onions, chilli,
pickled beans and pickled white radish in chilli sauce. Soup may be
ladled on or dispensed from an urn.
Yangshuo Beer Fish. Fish from Li River cooked in a local
beer with some local vegetables is very popular in Yangshuo. The
fish will contain bones and is served whole, but the meat tastes
delicious.
Lotus Leaf Braised Duck. Deep-fried duck covered with a
fresh lotus leaf, then braised, served with some pork, shrimp,
mushroom and preserved ham.
Lipu Taro and Pork Loaf. This is a famous traditional dish of
Guilin. This dish gets its name from Lipu, a county in the south of
Guilin Prefecture . It is made with taro and streaky pork with meat,
fat and skin. The meat is first cooked, then steamed with the taro,
pepper, mashed onion, preserved Guilin bean curd, cooking wine,
sugar and other condiments
The Miao minority have different cooking styles, and these
Miao restaurants have become popular in Beijing. Often the wait staff wear traditional dress which
includes extensive necklets and hats with silver decorations. Some Miao restaurants also have wait
staff playing the traditional bamboo flutes.
The Miao are an ethnic minority, and admiring the glistening silver jewellery the women wear
from head to toe, you may think they are rich. But their life is quite hard and simple because of the
tough living conditions in mountainous areas of southern and south-western China. The Miao have
some unique food that you can't find anywhere else in China.
In ancient times, it was very difficult for the Miao to get salt, so they used hot peppers to add
flavour to their dishes and developed a taste for very spicy food. Today the Miao use the minced and
fried chilli peppers as important flavouring for their dishes. They use lots of chilli. They can be fried or
baked, then mixed together with ginger, garlic, wine or soy sauce to achieve different tastes.
You can try Miao food in Beijing at the Jun Qin Hua 88 Meishuguan Houjie, Dongcheng
district 君琴花餐厅东城区美术馆后街 88 号
Jun Qin Hua is a small and simple restaurant serving the savoury dishes of Guizhou, and
specializing in Miao cuisine. Mi doufu and juanfen, two types appetisers, are rice noodles doused in a
sour and spicy dressing. Highly recommended is the Guizhou-style lazi ji, bite-sized pieces of chicken
smothered in cloves of garlic and crushed chillies, totally different from the Chongqing standard of the
same name. Zaola tudou pian, stir-fried potatoes cooked with zaola, a type of crushed chilies popular
in Guizhou, is one of the best dishes on the menu here. Suantang yu, or sour soup fish is delicious .
Save some room for some delicious huangba, sticky rice with brown sugar, or babao xiao mizha,
Guizhou glutinous millet steamed with dates and lotus seeds
Attractions
For the visitor, the great appeal of Guangxi is its karst limestone topography which creates
the stunning scenery of jagged green mountains beside clear blue waters. It is said that the
mountains and rivers of Guilin, are the most picturesque in the world. Cruising down the Li River
between Guilin and Yangshuo is a highlight of many visits to Guangxi. The Tang dynasty poet Han Yu
described the Li as "a blue silk ribbon surrounded by jade hairpins" and the river is just as beautiful
today.
Capital city – Nanning population
Population around 1.5 million. This is a small but prosperous industrial city. With the proposed
ASEAN free trade zone, Nanning will become a key transport hub for Vietnam and other nations.
Weather
July/August 25 to 32. Jan/Feb 10 to 18
Additional Resources
http://www.gxtravel.com/
China News reports that did not make it into the local media.
Foreign investors sell $247 million mainland shares through stock connect
Foreign investors in China using the Hong Kong-Shanghai stock connect sold a net RMB1.7 billion
(US$274 million) in mainland shares in the week through Monday, suggesting global investors are
losing faith in Shanghai's remarkable rally, Bloomberg reported. Meanwhile, the two biggest Hong
Kong exchange-traded funds tracking mainland stocks saw withdrawals of US$622 million for the
same period, and money flowing out of the market linkup again on Tuesday as the Shanghai
Composite Index dropped from a seven-year high. While international analysts have expressed
concerns about a bubble, mainland traders are opening stock accounts at the fastest pace on record.
Beijing to shut its last major coal-fired power plant in 2016
The city of Beijing will shutter its last major coal-fired power plant in 2016, Bloomberg reported, citing
a statement from the municipality's economic planning agency. The city's four coal-fired facilities, of
which China Huaneng Group's 845-megawatt power plant is the last in operation, will be replaced by
four gas-fired stations with capacity to supply 2.6 times more electricity than the coal plants. “The
replacement with natural gas will be much cleaner with less pollution, though with a bit higher cost,"
said Tian Miao, a Beijing-based analyst with research firm North Square Blue Oak.
For more China business news and information, visit www.chinaeconomicreview.com
AUSTRALIA CHINA FRIENDSHIP SOCIETY
The Darwin branch of the ACFS is a co-operative partner with ACBC NT. ACBC NT members are
encouraged to attend ACFS events.
ACFS has completed their first News Letter, a website and facebook. The web address is:
www.acfsnt.org.au The facebook address is https:\\www.facebook.com/acfs.nt
CHINESE-ENGLISH TRANSLATION SERVICE
RCG Events - design and translation services
This team will develop, design, translate and publish your material for distribution in China.
They work with Beijing based translators to ensure the highest quality translations. This RCG Events
team prepared all the material for the 2013 ACBC NT Beijing conference. They designed and
produced the Beijing Conference report. RCG Events have staff in Darwin and Singapore.
Please contact Crystal crystalbelle@red-cliff.co for further details.
Amy Yu – interpreter and translation services
Amy has 21 years experience as an English teacher in College of Foreign Languages of
Fujian Normal University. During 2006 2007, Amy had taught Chinese at Department of Modern
Languages at Northern Arizona University, U. S. Amy is now working as a Chinese lecturer at School
of Creative Arts and Humanity at Charles Darwin University.
Amy can provide interpreting services for delegations events, meetings, conferences and
also
provide translating services on documents or any related works.
Amy.Yu@cdu.edu.au
0451 817 988
Hyman East Translation 东方海门翻译公司 – Beijing
Web hymaneast@vip.163.com
They provide translation services for written material. They also provide translators and interpreters.
Guppytraders uses them for translation of weekly financial market columns and translation at speaking
engagements and workshops throughout China.
China Translation and Publishing Corporation – Beijing, Shanghai
Phone - 86 10 68005858 / 68002858 / 68001820
Web www.ctpc.com.cn
Able to source interpreters for work in Beijing, Shanghai, Guangzhou, Shenzhen area.
XIN ‘DAVID’ WANG -DARWIN
Mobile: 0403 524 760
Email: wangxin2254@gmail.com
NAATI-accredited English-Chinese translator, I can provide you with first class translation service.
Translation efficiency and quality assured. If you are looking for a English-Chinese translator, please
feel free to contact me. Chinese-English translation services also provided. I work with meetings and
conferences and other events where translation is required.
FORWARD THE NEWSLETTER TO A FRIEND
NEWSLETTER CONTRIBUTIONS ARE WELCOME. Keep other members informed about
China experiences. Please email notes or comments to china@guppytraders.com.
Please use email header ACBC NOTE. Information received up to the day prior to
publication will be included.
NOTE. The views of contributors are their own and do not necessarily reflect the views of the ACBC
NT or the ACBC. Content is copyright and cannot be used without permission.
Northern Territory
MEMBERSHIP APPLICATION
Please complete this Membership Form with your details if you are applying to join the Australia China
Business Council for the first time.
BASIC DETAILS
Company Name
Company name in Chinese
Industry sector
Branch membership NT Branch
Member Type - This is based on the annual
turnover (See page 2 for details).
Company email address
Company web site http://
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Please cross out if you do not want your contact
I agree to be included in all associated ACBC and
details to be given to third parties who issue
appropriate third party event notifications
event invitations to ACBC members
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PAYMENT METHOD
Cheque Please post to: GPO Box 2769, Darwin NT 0801
Cash Deposit ANZ Darwin, BSB: 015901, A/C: 487 379 699
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PLEASE RETURN COMPLETED FORM TO ACBC NT GPO BOX 2769, Darwin NT 0801
Or Email: acbcnt@acbc.com.au
Membership
TOTAL
NT Government Departments
Companies
Annual turnover:
More than $ 50 million *
$ 15 million to $ 50 million
$ 5 million to $ 15 million
Less than $ 5 million
Individual membership
Associate membership ** (non-voting)
Student member (non-voting)
770.00
2,310.00
1,210.00
770.00
396.00
396.00
132.00
77.00
* Companies with turnovers greater than $50m are entitled to nominate a representative from each of
the other states in which they have a business presence. For additional nominees, please provide
contact details on a separate sheet, giving title, given name, surname, postal and street address,
telephone and facsimile numbers, and email address.
** Associate members are academics or retired business people