Mr Conan Fahey of the Australia China Development Company was appointed as special consultant to the Qingdao CCOIC (Qingdao China Chamber of International Commerce) at the fourth session of the directors and members congress. Qingdao CCPIT, also known as China Chamber of International Commerce, Qingdao Chamber, is a premier agency affiliated to Qingdao Municipal Government responsible for the promotion of foreign investment into Qingdao.
Fahey represents Australia as one of 12 international executives instated to improve economic trade and bilateral communications. Over 500 senior government officials attended the congress that is held every 5 years. The Italian Ambassador Trade Commissioner to China and the Beijing representative of the Russian Federation Chamber of Commerce were also appointed during the Congress for a 5 year term.
The Australia China Development Company has been successful in the past decade facilitating the entry of Australian businesses into the China Market. This position illustrates Faheys depth of knowledge about China and the respect and 'guanxi' he has gained over time.
Conan is also the South Australian Governments, Department of Economic Trade and Development, China Cluster Executive Committee’s Qingdao Representative and was recently presented the Council for International Trade and Commerce South Australia (CITCSA) 2010 Outstanding Long-Term Contribution award in November 2010.
For many years, Qingdao CCPIT and Qingdao CCOIC have fostered deep cooperations with Mr. Conan Fahey. Through extensive communication and cooperation between Qingdao and Australia, Mr. Fahey has made a significant contribution and is already an important bridge for mutual cooperation and an expert that Qingdao business industry can trust and rely on for understanding of Australia. They are looking forward to deepening the cooperation between Qingdao CCOIC and Mr. Fahey and to assist more Qingdao companies to understand Australia and to strengthen communication and cooperation between Qingdao and Australia to make great benefits for both nations’ companies.
Qingdao is a beautiful coastal city that lies at the southern tip of the Shandong Peninsula. The city is sometimes known as the Switzerland of the Orient Located in Jiaozhou Bay facing the Yellow Sea, Qingdao is also a well-known holiday destination in China.
The city has seven urban districts and five county level cities under its jurisdiction. Today it is one of the most important open coastal cities and one of the independent cities with state planning and budgeting powers with its own provincial power in economic management. Qingdao is one of the 14 coastal cities opening up to the outside world and one of the eight cities authorized to hold international conferences. Qingdao is one of China's top ten economically dynamic cities and top ten business cities.
Shandong is the second wealthiest province in China. Qingdao is the wealthiest city in Shandong Province which has the second highest GDP of China's provinces. Qingdao Port is mainland China's 2nd largest major trading port.
Qingdao is one of the top ranking cities in China for foreign investment due to its location, port, special economic status and highly developed economy.
Minerals and resources, food and wine, tourism, agriculture, creative industries, agriculture and other business related opportunities have been identified particularly for Australians in the booming coastal city of Qingdao, Shandong Province.
South Australia has many advantages over other international competitors due to Adelaide and Qingdao having a highly regarded cooperative city relationship and a successful Sister State relationship between Shandong Province and South Australia established in 1986
Adelaide and Qingdao have been cooperative cities since the 29th of March 2000, Qingdao and Adelaide has a close relationship through their location and lifestyle. Both are coastal and modern cities with a love for the beach culture, wine, festivals, sports, seafood and beer. Qingdao’s population is 8 million and it is one of the most affluent cities in China.
Many geographical, political and economic factors make Qingdao the most strategic “beach-head” for those seeking to do business in China. The Adelaide/ Qingdao relationship can be utilized as an entry point for other business and interest groups looking for long term business opportunities in China.
The Australia China Development Company (TACDC.com.au)
The TACDC is represented by its Chairman, Hon. Chris Schacht and General Manager Conan Fahey.
Conan Fahey has resided in China increasingly over the past decade and has been referred to by In Business Magazine as "an appropriate point man in China, familiar with the local ways of life and business, he is part of the critical interface between very different cultures." He is Vice President of ACCCI (Australian Asian Chamber of Commerce& Industry) and recently won the 2010 Council for International Trade and Commerce (SA) CITCSA Awards Outstanding Long-Term Contribution award.
Conan was a delegate on the China Mining 2010 Mission (Beijing, Tianjin, Xiamen) and has recently been appointed as honorary consultant to China Chamber of International Commerce Qingdao Chamber / Qingdao CCPIT (China Council for the Promotion of International Trade) at the fourth session of members congress in Qingdao.
The Hon. Chris Schacht has visited China extensively as a Senior Labor Party official, Senator and as a Federal Government Minister.
He has also visited as the President of the Australian Volleyball Federation, leader of Trade Delegations and as a guest of the Communist Party of China.
His regular visits have enabled him to build cohesive networks and contacts with pivotal people in business and government. He has a thorough appreciation and understanding of how diplomatic and government trade arrangements operate between Australia and China.
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