TAILIEUCHUNG - 2013 AustCham China Scholarship “Fostering the next generation of Sino- Australian business leaders” Information booklet

Among the 30 states with large enough survey sample sizes, 56 percent of firms in Maryland plan to hire, more than in any other state. Conversely, only 14 percent of firms plan to hire new staff in South Carolina, the least amount of any state. Meanwhile, 37 percent of firms in Michigan plan layoffs for this year, the highest percentage of any state and no firms report planning layoffs in Maryland this year. More broadly, the employment outlook does vary based on region. A higher percentage (42 percent) of contractors working in the Northeast. | 2013 AustCham China Scholarship Fostering the next generation of Sino-Australian business leaders Information booklet Lz National Australia X . Bank Page 2 Contents History Key Past Scholarship About the What you Past Participating 2013 Participating Application Candidate Application Documents should be submitted by midnight on 19th August 2012 AEST. Selection Scholar Key dates. 11 Contacts . 11 National Australia Bank Page 3 History Background Established in 2010 the AustCham China Scholarship is an initiative of the China-Australia Chamber of Commerce Beijing AustCham Beijing . 2010 was the first year AustCham Beijing has had the privilege and capacity to facilitate such a Scholarship. AustCham Beijing has been providing young Australians with work placement opportunities in China since 2005. Formed under partnership with AIESEC Australia and AIESEC China in 2005 the Australia-China Young Leaders Programme ACYLP was the first of its kind to provide a dedicated China focused program for Australian graduates. In its short history the programme provided over 50 Australians with work placement opportunities across mainland China. Many of these individuals have since continued their careers in China by taking up management positions in some of Australia s best known companies. Since 2005 the economic and human capital landscape of China has evolved dramatically. With many Australian companies seeking to localise their workforce by seeking staff with bi-lingual abilities and firm knowledge of both western and Chinese cultures. In light of this it was clear that the programme would need to evolve with the changing macroeconomic conditions. In early 2010 a complete overhaul of the ACYLP was proposed and from it the ACC-AustCham Scholarship was formed. In direct response to the changing Chinese

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