Boman Group Invited to Attend Prime Minister Albanese’s Luncheon in Shanghai

During the official visit of Australian Prime Minister Anthony Albanese to China, Boman Group was invited to attend the “Australia–China High-Level Business Luncheon” held at the Fairmont Peace Hotel in Shanghai. The event brought together senior political and business leaders from both countries, aiming to promote bilateral economic dialogue and explore new areas of cooperation.

Prime Minister Albanese Attends the Australia–China High-Level Business Luncheon

The luncheon was attended by a number of prominent Australian enterprises and institutions, including mining giants BHP, Rio Tinto, and FMG; health technology companies CSL and ResMed; consumer and food brands such as Treasury Wine Estates (TWE) and Thomas Foods; as well as organizations including the Australia China Business Council (ACBC) and the China–Australia Chamber of Commerce (AustCham) and their member units. Over a hundred leaders from both political and business spheres gathered to witness this high-level engagement.

In his remarks, Prime Minister Albanese emphasized that China is Australia’s largest trading partner, and that bilateral trade has created significant employment opportunities and prosperity for the Australian economy. He expressed gratitude to the attending businesses for their longstanding contributions to the stable development of Australia–China relations. He stated that the two countries have achieved fruitful results through deep cooperation in sectors such as mining, consumer goods, education, and services, which are worth cherishing and carrying forward.

Prime Minister Albanese Delivers Remarks at the Luncheon

Speaking about China’s development, the Prime Minister fondly recalled his visit to Shanghai in the 1990s. He expressed admiration for Pudong’s transformation from farmland into a modern city and described China’s achievement in lifting hundreds of millions of people out of poverty and becoming the world’s second-largest economy within just a few decades as a remarkable and admirable accomplishment.

Looking to the future, he highlighted the great potential for cooperation between Australia and China in the green economy, noting the extensive opportunities for joint action under the Paris Agreement framework to achieve carbon neutrality. He affirmed that Australia will continue to deepen its cooperation with China in renewable energy, sustainability, and other key areas, working together to usher in a new chapter in Australia–China relations.

Left: David Olsson, National President of the Australia China Business Council
Right: Eric Gao, Founder and CEO of Boman Group

Eric Gao, Founder and CEO of Boman Group, remarked that the Prime Minister’s visit to China immediately after his re-election reflects Australia’s strategic intent to proactively enhance cooperation with Asia, particularly with China. More importantly, the visit was not merely symbolic—it involved business leaders from multiple sectors and represented a tangible step forward in advancing Australia–China dialogue and collaboration.

Left: Eric Gao, Founder and CEO of Boman Group
Right: John Madew, Senior Trade and Investment Commissioner, Austrade

The Australian and Chinese economies are highly complementary, with long-standing, close cooperation not only in mining, energy, agriculture, and food, but also in education, tourism, and professional services. Looking ahead, and in the context of evolving international dynamics and global challenges, the two countries are well-positioned to expand multi-dimensional and high-level cooperation in emerging sectors such as carbon neutrality, green economy, healthcare, and the digital economy. Boman Group will continue to act as a bridge between the two markets, supporting bilateral businesses in deepening cooperation and achieving mutual success in this new stage of development.

As a financial institution with deep roots in Australia, Boman Group has always been committed to connecting capital with innovation and promoting global sustainable development. In recent years, while continuing to expand its presence in Hong Kong, Boman officially established operations in Tianjin in 2024, accelerating its strategic expansion into the Chinese market. Looking ahead, Boman will continue to assist more Australian companies in entering the Chinese market and achieving localized growth, while also supporting Chinese enterprises to go global and invest in Australia

“We firmly believe that this new chapter of Australia–China cooperation will not only benefit both countries and their people, but also have a positive impact on the world.”