❓ WA Govt. responds to concerns about China's slowing economic growth, highlighting ongoing LNG opportunities and downstream processing potential, assuring that growth in Bunbury continues.
AnsweredQoN 360Legislative Assembly
QuestionView source ↗
I refer to statements made by some economic commentators about the impact of the slowing of economic growth in China and ask - (1) What has been the impact on Western Australia of the changes in economic growth in China? (2) Is it envisaged that some projects earmarked for development in the State will not proceed as a result of the expected changes to China’s economy? Mr C.M. BROWN
AnswerView source ↗
(1)-(2) I am very pleased to respond to the question from the member for Bunbury who is particularly interested in economic development issues. I assure the member that the pace of economic growth in Bunbury continues. Earlier this year the leadership in China, particularly Premier Wen Jiabao, announced the intention of the national leadership of the People’s Republic of China to slow economic growth from around 9.5 per cent to seven per cent. Seven per cent economic growth is still a very significant figure, which provides enormous opportunities for Western Australia. Mr Speaker, as you are aware, the Government has been in constant communication with the Chinese leadership and the important authorities in the People’s Republic of China. I am pleased to say that today I will be meeting with senior people from the National Development and Reform Commission, which is the economic development arm of the People’s Republic of China, to talk about further liquified natural gas opportunities for Western Australia. You would be aware, Mr Speaker, that the Chinese leadership has agreed that LNG projects will occur in the Guangdong and Fujian Provinces and that it is expected that the Shandong Province will be given approval for an LNG facility. In time, approval may be given to projects in the Zhejiang and Jiangsu Provinces and the Shanghai Municipality. There are very significant opportunities for the further development of the LNG trade with China as more provinces receive approval through the National Development and Reform Commission to have LNG-receiving terminals located in those regions and, in particular, for those provinces to consider buying their LNG supplies from Western Australia. I am pleased also to advise the member for Bunbury that it is the Government’s intention to continue to pursue opportunities for downstream processing for the People’s Republic of China. It is commonly known that one of the bottlenecks that China faces with regard to energy is its supply and critical shortage of energy. A way to overcome that is for further downstream processing of mineral resources to be done in Western Australia to alleviate some demands on China’s future energy needs. I will raise that matter with senior officials from the NDRC. Overall, I expect that the Chinese leadership will succeed with its decision to slow down the rate of China’s economic growth to seven per cent. That rate of economic growth in the People’s Republic of China will still provide significant opportunities for Western Australia.
(1) What has been the impact on Western Australia of the changes in economic growth in China? (2) Is it envisaged that some projects earmarked for development in the State will not proceed as a result of the expected changes to China’s economy? Mr C.M. BROWN replied: (1)-(2) I am very pleased to respond to the question from the member for Bunbury who is particularly interested in economic development issues. I assure the member that the pace of economic growth in Bunbury continues. Earlier this year the leadership in China, particularly Premier Wen Jiabao, announced the intention of the national leadership of the People’s Republic of China to slow economic growth from around 9.5 per cent to seven per cent. Seven per cent economic growth is still a very significant figure, which provides enormous opportunities for Western Australia. Mr Speaker, as you are aware, the Government has been in constant communication with the Chinese leadership and the important authorities in the People’s Republic of China. I am pleased to say that today I will be meeting with senior people from the National Development and Reform Commission, which is the economic development arm of the People’s Republic of China, to talk about further liquified natural gas opportunities for Western Australia. You would be aware, Mr Speaker, that the Chinese leadership has agreed that LNG projects will occur in the Guangdong and Fujian Provinces and that it is expected that the Shandong Province will be given approval for an LNG facility. In time, approval may be given to projects in the Zhejiang and Jiangsu Provinces and the Shanghai Municipality. There are very significant opportunities for the further development of the LNG trade with China as more provinces receive approval through the National Development and Reform Commission to have LNG-receiving terminals located in those regions and, in particular, for those provinces to consider buying their LNG supplies from Western Australia. I am pleased also to advise the member for Bunbury that it is the Government’s intention to continue to pursue opportunities for downstream processing for the People’s Republic of China. It is commonly known that one of the bottlenecks that China faces with regard to energy is its supply and critical shortage of energy. A way to overcome that is for further downstream processing of mineral resources to be done in Western Australia to alleviate some demands on China’s future energy needs. I will raise that matter with senior officials from the NDRC. Overall, I expect that the Chinese leadership will succeed with its decision to slow down the rate of China’s economic growth to seven per cent. That rate of economic growth in the People’s Republic of China will still provide significant opportunities for Western Australia.
(2) Is it envisaged that some projects earmarked for development in the State will not proceed as a result of the expected changes to China’s economy? Mr C.M. BROWN replied: (1)-(2) I am very pleased to respond to the question from the member for Bunbury who is particularly interested in economic development issues. I assure the member that the pace of economic growth in Bunbury continues. Earlier this year the leadership in China, particularly Premier Wen Jiabao, announced the intention of the national leadership of the People’s Republic of China to slow economic growth from around 9.5 per cent to seven per cent. Seven per cent economic growth is still a very significant figure, which provides enormous opportunities for Western Australia. Mr Speaker, as you are aware, the Government has been in constant communication with the Chinese leadership and the important authorities in the People’s Republic of China. I am pleased to say that today I will be meeting with senior people from the National Development and Reform Commission, which is the economic development arm of the People’s Republic of China, to talk about further liquified natural gas opportunities for Western Australia. You would be aware, Mr Speaker, that the Chinese leadership has agreed that LNG projects will occur in the Guangdong and Fujian Provinces and that it is expected that the Shandong Province will be given approval for an LNG facility. In time, approval may be given to projects in the Zhejiang and Jiangsu Provinces and the Shanghai Municipality. There are very significant opportunities for the further development of the LNG trade with China as more provinces receive approval through the National Development and Reform Commission to have LNG-receiving terminals located in those regions and, in particular, for those provinces to consider buying their LNG supplies from Western Australia. I am pleased also to advise the member for Bunbury that it is the Government’s intention to continue to pursue opportunities for downstream processing for the People’s Republic of China. It is commonly known that one of the bottlenecks that China faces with regard to energy is its supply and critical shortage of energy. A way to overcome that is for further downstream processing of mineral resources to be done in Western Australia to alleviate some demands on China’s future energy needs. I will raise that matter with senior officials from the NDRC. Overall, I expect that the Chinese leadership will succeed with its decision to slow down the rate of China’s economic growth to seven per cent. That rate of economic growth in the People’s Republic of China will still provide significant opportunities for Western Australia.
Mr C.M. BROWN replied: (1)-(2) I am very pleased to respond to the question from the member for Bunbury who is particularly interested in economic development issues. I assure the member that the pace of economic growth in Bunbury continues. Earlier this year the leadership in China, particularly Premier Wen Jiabao, announced the intention of the national leadership of the People’s Republic of China to slow economic growth from around 9.5 per cent to seven per cent. Seven per cent economic growth is still a very significant figure, which provides enormous opportunities for Western Australia. Mr Speaker, as you are aware, the Government has been in constant communication with the Chinese leadership and the important authorities in the People’s Republic of China. I am pleased to say that today I will be meeting with senior people from the National Development and Reform Commission, which is the economic development arm of the People’s Republic of China, to talk about further liquified natural gas opportunities for Western Australia. You would be aware, Mr Speaker, that the Chinese leadership has agreed that LNG projects will occur in the Guangdong and Fujian Provinces and that it is expected that the Shandong Province will be given approval for an LNG facility. In time, approval may be given to projects in the Zhejiang and Jiangsu Provinces and the Shanghai Municipality. There are very significant opportunities for the further development of the LNG trade with China as more provinces receive approval through the National Development and Reform Commission to have LNG-receiving terminals located in those regions and, in particular, for those provinces to consider buying their LNG supplies from Western Australia. I am pleased also to advise the member for Bunbury that it is the Government’s intention to continue to pursue opportunities for downstream processing for the People’s Republic of China. It is commonly known that one of the bottlenecks that China faces with regard to energy is its supply and critical shortage of energy. A way to overcome that is for further downstream processing of mineral resources to be done in Western Australia to alleviate some demands on China’s future energy needs. I will raise that matter with senior officials from the NDRC. Overall, I expect that the Chinese leadership will succeed with its decision to slow down the rate of China’s economic growth to seven per cent. That rate of economic growth in the People’s Republic of China will still provide significant opportunities for Western Australia.
(1)-(2) I am very pleased to respond to the question from the member for Bunbury who is particularly interested in economic development issues. I assure the member that the pace of economic growth in Bunbury continues. Earlier this year the leadership in China, particularly Premier Wen Jiabao, announced the intention of the national leadership of the People’s Republic of China to slow economic growth from around 9.5 per cent to seven per cent. Seven per cent economic growth is still a very significant figure, which provides enormous opportunities for Western Australia. Mr Speaker, as you are aware, the Government has been in constant communication with the Chinese leadership and the important authorities in the People’s Republic of China. I am pleased to say that today I will be meeting with senior people from the National Development and Reform Commission, which is the economic development arm of the People’s Republic of China, to talk about further liquified natural gas opportunities for Western Australia. You would be aware, Mr Speaker, that the Chinese leadership has agreed that LNG projects will occur in the Guangdong and Fujian Provinces and that it is expected that the Shandong Province will be given approval for an LNG facility. In time, approval may be given to projects in the Zhejiang and Jiangsu Provinces and the Shanghai Municipality. There are very significant opportunities for the further development of the LNG trade with China as more provinces receive approval through the National Development and Reform Commission to have LNG-receiving terminals located in those regions and, in particular, for those provinces to consider buying their LNG supplies from Western Australia. I am pleased also to advise the member for Bunbury that it is the Government’s intention to continue to pursue opportunities for downstream processing for the People’s Republic of China. It is commonly known that one of the bottlenecks that China faces with regard to energy is its supply and critical shortage of energy. A way to overcome that is for further downstream processing of mineral resources to be done in Western Australia to alleviate some demands on China’s future energy needs. I will raise that matter with senior officials from the NDRC. Overall, I expect that the Chinese leadership will succeed with its decision to slow down the rate of China’s economic growth to seven per cent. That rate of economic growth in the People’s Republic of China will still provide significant opportunities for Western Australia.
I am pleased also to advise the member for Bunbury that it is the Government’s intention to continue to pursue opportunities for downstream processing for the People’s Republic of China. It is commonly known that one of the bottlenecks that China faces with regard to energy is its supply and critical shortage of energy. A way to overcome that is for further downstream processing of mineral resources to be done in Western Australia to alleviate some demands on China’s future energy needs. I will raise that matter with senior officials from the NDRC. Overall, I expect that the Chinese leadership will succeed with its decision to slow down the rate of China’s economic growth to seven per cent. That rate of economic growth in the People’s Republic of China will still provide significant opportunities for Western Australia.
(1) What has been the impact on Western Australia of the changes in economic growth in China? (2) Is it envisaged that some projects earmarked for development in the State will not proceed as a result of the expected changes to China’s economy? Mr C.M. BROWN replied: (1)-(2) I am very pleased to respond to the question from the member for Bunbury who is particularly interested in economic development issues. I assure the member that the pace of economic growth in Bunbury continues. Earlier this year the leadership in China, particularly Premier Wen Jiabao, announced the intention of the national leadership of the People’s Republic of China to slow economic growth from around 9.5 per cent to seven per cent. Seven per cent economic growth is still a very significant figure, which provides enormous opportunities for Western Australia. Mr Speaker, as you are aware, the Government has been in constant communication with the Chinese leadership and the important authorities in the People’s Republic of China. I am pleased to say that today I will be meeting with senior people from the National Development and Reform Commission, which is the economic development arm of the People’s Republic of China, to talk about further liquified natural gas opportunities for Western Australia. You would be aware, Mr Speaker, that the Chinese leadership has agreed that LNG projects will occur in the Guangdong and Fujian Provinces and that it is expected that the Shandong Province will be given approval for an LNG facility. In time, approval may be given to projects in the Zhejiang and Jiangsu Provinces and the Shanghai Municipality. There are very significant opportunities for the further development of the LNG trade with China as more provinces receive approval through the National Development and Reform Commission to have LNG-receiving terminals located in those regions and, in particular, for those provinces to consider buying their LNG supplies from Western Australia. I am pleased also to advise the member for Bunbury that it is the Government’s intention to continue to pursue opportunities for downstream processing for the People’s Republic of China. It is commonly known that one of the bottlenecks that China faces with regard to energy is its supply and critical shortage of energy. A way to overcome that is for further downstream processing of mineral resources to be done in Western Australia to alleviate some demands on China’s future energy needs. I will raise that matter with senior officials from the NDRC. Overall, I expect that the Chinese leadership will succeed with its decision to slow down the rate of China’s economic growth to seven per cent. That rate of economic growth in the People’s Republic of China will still provide significant opportunities for Western Australia.
(2) Is it envisaged that some projects earmarked for development in the State will not proceed as a result of the expected changes to China’s economy? Mr C.M. BROWN replied: (1)-(2) I am very pleased to respond to the question from the member for Bunbury who is particularly interested in economic development issues. I assure the member that the pace of economic growth in Bunbury continues. Earlier this year the leadership in China, particularly Premier Wen Jiabao, announced the intention of the national leadership of the People’s Republic of China to slow economic growth from around 9.5 per cent to seven per cent. Seven per cent economic growth is still a very significant figure, which provides enormous opportunities for Western Australia. Mr Speaker, as you are aware, the Government has been in constant communication with the Chinese leadership and the important authorities in the People’s Republic of China. I am pleased to say that today I will be meeting with senior people from the National Development and Reform Commission, which is the economic development arm of the People’s Republic of China, to talk about further liquified natural gas opportunities for Western Australia. You would be aware, Mr Speaker, that the Chinese leadership has agreed that LNG projects will occur in the Guangdong and Fujian Provinces and that it is expected that the Shandong Province will be given approval for an LNG facility. In time, approval may be given to projects in the Zhejiang and Jiangsu Provinces and the Shanghai Municipality. There are very significant opportunities for the further development of the LNG trade with China as more provinces receive approval through the National Development and Reform Commission to have LNG-receiving terminals located in those regions and, in particular, for those provinces to consider buying their LNG supplies from Western Australia. I am pleased also to advise the member for Bunbury that it is the Government’s intention to continue to pursue opportunities for downstream processing for the People’s Republic of China. It is commonly known that one of the bottlenecks that China faces with regard to energy is its supply and critical shortage of energy. A way to overcome that is for further downstream processing of mineral resources to be done in Western Australia to alleviate some demands on China’s future energy needs. I will raise that matter with senior officials from the NDRC. Overall, I expect that the Chinese leadership will succeed with its decision to slow down the rate of China’s economic growth to seven per cent. That rate of economic growth in the People’s Republic of China will still provide significant opportunities for Western Australia.
Mr C.M. BROWN replied: (1)-(2) I am very pleased to respond to the question from the member for Bunbury who is particularly interested in economic development issues. I assure the member that the pace of economic growth in Bunbury continues. Earlier this year the leadership in China, particularly Premier Wen Jiabao, announced the intention of the national leadership of the People’s Republic of China to slow economic growth from around 9.5 per cent to seven per cent. Seven per cent economic growth is still a very significant figure, which provides enormous opportunities for Western Australia. Mr Speaker, as you are aware, the Government has been in constant communication with the Chinese leadership and the important authorities in the People’s Republic of China. I am pleased to say that today I will be meeting with senior people from the National Development and Reform Commission, which is the economic development arm of the People’s Republic of China, to talk about further liquified natural gas opportunities for Western Australia. You would be aware, Mr Speaker, that the Chinese leadership has agreed that LNG projects will occur in the Guangdong and Fujian Provinces and that it is expected that the Shandong Province will be given approval for an LNG facility. In time, approval may be given to projects in the Zhejiang and Jiangsu Provinces and the Shanghai Municipality. There are very significant opportunities for the further development of the LNG trade with China as more provinces receive approval through the National Development and Reform Commission to have LNG-receiving terminals located in those regions and, in particular, for those provinces to consider buying their LNG supplies from Western Australia. I am pleased also to advise the member for Bunbury that it is the Government’s intention to continue to pursue opportunities for downstream processing for the People’s Republic of China. It is commonly known that one of the bottlenecks that China faces with regard to energy is its supply and critical shortage of energy. A way to overcome that is for further downstream processing of mineral resources to be done in Western Australia to alleviate some demands on China’s future energy needs. I will raise that matter with senior officials from the NDRC. Overall, I expect that the Chinese leadership will succeed with its decision to slow down the rate of China’s economic growth to seven per cent. That rate of economic growth in the People’s Republic of China will still provide significant opportunities for Western Australia.
(1)-(2) I am very pleased to respond to the question from the member for Bunbury who is particularly interested in economic development issues. I assure the member that the pace of economic growth in Bunbury continues. Earlier this year the leadership in China, particularly Premier Wen Jiabao, announced the intention of the national leadership of the People’s Republic of China to slow economic growth from around 9.5 per cent to seven per cent. Seven per cent economic growth is still a very significant figure, which provides enormous opportunities for Western Australia. Mr Speaker, as you are aware, the Government has been in constant communication with the Chinese leadership and the important authorities in the People’s Republic of China. I am pleased to say that today I will be meeting with senior people from the National Development and Reform Commission, which is the economic development arm of the People’s Republic of China, to talk about further liquified natural gas opportunities for Western Australia. You would be aware, Mr Speaker, that the Chinese leadership has agreed that LNG projects will occur in the Guangdong and Fujian Provinces and that it is expected that the Shandong Province will be given approval for an LNG facility. In time, approval may be given to projects in the Zhejiang and Jiangsu Provinces and the Shanghai Municipality. There are very significant opportunities for the further development of the LNG trade with China as more provinces receive approval through the National Development and Reform Commission to have LNG-receiving terminals located in those regions and, in particular, for those provinces to consider buying their LNG supplies from Western Australia. I am pleased also to advise the member for Bunbury that it is the Government’s intention to continue to pursue opportunities for downstream processing for the People’s Republic of China. It is commonly known that one of the bottlenecks that China faces with regard to energy is its supply and critical shortage of energy. A way to overcome that is for further downstream processing of mineral resources to be done in Western Australia to alleviate some demands on China’s future energy needs. I will raise that matter with senior officials from the NDRC. Overall, I expect that the Chinese leadership will succeed with its decision to slow down the rate of China’s economic growth to seven per cent. That rate of economic growth in the People’s Republic of China will still provide significant opportunities for Western Australia.
I am pleased also to advise the member for Bunbury that it is the Government’s intention to continue to pursue opportunities for downstream processing for the People’s Republic of China. It is commonly known that one of the bottlenecks that China faces with regard to energy is its supply and critical shortage of energy. A way to overcome that is for further downstream processing of mineral resources to be done in Western Australia to alleviate some demands on China’s future energy needs. I will raise that matter with senior officials from the NDRC. Overall, I expect that the Chinese leadership will succeed with its decision to slow down the rate of China’s economic growth to seven per cent. That rate of economic growth in the People’s Republic of China will still provide significant opportunities for Western Australia.
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