SOUTH Australian tech companies looking to enter the Chinese market will have a foot in the door thanks to a new initiative between the state government and the city of Qingdao, which is located in South Australia's sister state Shandong.
SinoSA House will comprise office, laboratory and manufacturing space in the Qingdao National High-Tech Development zone, allowing tech businesses to establish subsidiaries in China.
Science and Information Economy Minister Gail Gago announced the agreement while leading a delegation of education, science and industry officials in Qingdao.
"South Australia is a technology exporter with a pipeline of high-tech companies looking for markets to engage in. This SinoSA House initiative will develop networks with the Chinese city of Qingdao to enable future engagement between SA and Chinese companies, generating significant job growth," she said.
Minister Gago also announced the state government's commitment of $200,000 over four years to fund five scholarships for South Australian students to study in Shandong province universities.
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