On March 27, the SME Business Opportunity Exchange, hosted by Sinosmart Business Intermediary, was successfully held at the Killara Hotel. The event gathered many entrepreneurs and industry experts to discuss the opportunities and challenges Chinese enterprises face in Australia.
Industry Experts Share Insights
The event invited three distinguished guests for keynote speeches:
- Barton Cha (Sinosmart Business Broker) provided an in-depth analysis of the current state of the Australian market, focusing on the challenges Chinese entrepreneurs may encounter while starting businesses in Australia. He proposed solutions for enhancing competitiveness through localized operations.
- Siwen Lawyer (Alton Legal) explained the differences between buying and selling businesses versus buying and selling companies, analyzing the risks of various transaction methods and strategies to mitigate those risks.
- Henry Accountant (KWE Advisor) shared practical experiences of Chinese entrepreneurs transforming in overseas markets, especially through investment immigration cases, and emphasized the importance of early tax planning.
Entrepreneurs Share Practical Experience
Several entrepreneurs shared their market observations and practical experiences at the event:
- Mr. Huang, Australian representative of Weichuang Electric, discussed the global market trends for China’s next-generation technology enterprises, highlighting the business opportunities brought by technological innovation.
- Mr. Shang, a senior expert in the domestic paper products industry, talked about the real challenges faced by traditional manufacturing industries during internationalization and explored possible paths for breakthrough.
In-depth Interaction and Shared Opportunities
Participants actively engaged in discussions on topics such as local market characteristics, industry trends, and cooperation models. There was a consensus that while Chinese SMEs face challenges in Australia, the opportunities for success are significant, thanks to China’s economic influence and the enterprises’ own competitive strengths. The key lies in accurately identifying market needs, optimizing products and services, and actively seeking local partners to achieve true localized operations.
Sinosmart Business Intermediary is committed to collaborating with all parties to provide professional market matchmaking and landing services for Chinese enterprises, helping them avoid risks, precisely match business opportunities, and achieve both internationalization and localization. We also actively build bridges for local Australian businesses to cooperate with Chinese enterprises and share development opportunities.
— Matching Business Opportunities, Supporting Growth, Sinosmart Business Intermediary is with You!
