Mr. Huang, distinguished guests, ladies and gentlemen,
Let me congratulate Sinosteel another successful year of business.
As many of you would know, Sinosteel enjoys a very special position in the history of relations between Australia and China, and of course because of the highly successful Channar Iron Ore Mine Joint Venture, which was signed in 1987, with Sinosteel subsidiary—China Metallurgical Import & Export Corporation, and which at the time was one of
This has been another year of rooster; I think it is very well for a very prosperous relationship between our two countries. Australia and China enjoy a good economic relation, and very complementary. Australia has, first as you know, there is a small population, but abundant resources. For as China has a good economy, and privileged in coal, iron ore, energy gas, alumina and other resources.
This also reminds us that the