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Recently, Dr. Fongtai WEN, Chairman of VTeam Group, attended a China-Australia business event in Australia and met with Mr. John Howard, the former Prime Minister of Australia. They had cordial exchanges on future cooperation opportunities and development prospects for enterprises between China and Australia.

During the exchange, both parties took a positive outlook on China-Australia relations. Based on the current international environment, there are more business opportunities for cooperation between China and Australia in the future. With the joint efforts of all parties, China-Australia economic and trade relations can achieve long-term prosperity and stable development.

In recent years, China-Australia relations have entered a new stage of development, with dialogue and mutual visits at the national level gradually resuming and positive signals being released in various aspects. China-Australia economic and trade ties are also warming up. There is a high degree of complementarity between China and Australia in economic and trade, with broad opportunities for cooperation in traditional industries, emerging renewable and low-carbon sectors, and more.

As a global technology investment group, VTeam’s supply chain technology and financial services have expended to many countries and regions across the world. Australia is one of the developed economies that are central to VTeam. The operations of VTeam’s financial technology and financial services showed steady growth, enabling it to offer efficient and convenient supply chain finance and platform services to Chinese enterprises in Australia, as well as local enterprises that are going to expand globally.

Through in-depth cooperation with YAO Financial Technology, its strategic partner in Australia, and joint efforts with well-known local enterprises in Australia, VTeam deeply harnesses Australia’s advantageous resources to provide different solutions for Australia’s domestic trade and international trade business between China and Australia. Meanwhile, as one of the few institutions with international factoring capabilities in China, VTeam can provide various trade financing services for Chinese enterprises which export to Australia, acting as an accelerator for their overseas expansion to boost continuous and rapid growth of the overseas orders.

Adhering to the open and win-win cooperation concept, VTeam will actively participate in the international market, and by joining hands with partners in Australia and the wider world, it aims to inject new vitality into the development of China-Australia economic and trade relations, and create more opportunities for long-term sustainable growth of the enterprises, writing a new chapter of win-win collaboration.