{"id":3564,"date":"2019-07-09T05:55:42","date_gmt":"2019-07-09T05:55:42","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=3564"},"modified":"2021-06-04T14:31:59","modified_gmt":"2021-06-04T07:31:59","slug":"what-sydney-needs-to-do-in-the-asian-century","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/what-sydney-needs-to-do-in-the-asian-century\/","title":{"rendered":"What Sydney needs to do in the Asian century"},"content":{"rendered":"<p>The Australian city must not lag behind in terms of quality of life and connectivity, says demographer<\/p>\n<figure id=\"attachment_3565\" aria-describedby=\"caption-attachment-3565\" style=\"width: 1000px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-3565\" src=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/07\/shutterstock_1286053393.jpg\" alt=\"\" width=\"1000\" height=\"667\" srcset=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/07\/shutterstock_1286053393.jpg 1000w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/07\/shutterstock_1286053393-300x200.jpg 300w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/07\/shutterstock_1286053393-768x512.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-3565\" class=\"wp-caption-text\">Chinese Garden of Friendship, Sydney, Australia. kingkongimagery\/Shutterstock<\/figcaption><\/figure>\n<p>With Asia home to half the world&#8217;s middle class by 2020, neighbouring cities will have to make the necessary adjustments in quality of life and connectivity, according to Australian demographer Simon Kuestenmacher.<\/p>\n<p>Sydney, in particular, must keep abreast of global infrastructure and liveability standards to cater to economies in Asia, which will be larger than the rest of the world combined in the next decade.<\/p>\n<p>&#8220;In the knowledge-driven global economy, businesses will increasingly choose to establish offices in locations that are considered safe, liveable and well-connected-digital infrastructure in Sydney must not lag behind its global competitors,\u201d advised Kuestenmacher via <a href=\"http:\/\/www.xinhuanet.com\/english\/2019-07\/08\/c_138208710.htm\" target=\"_blank\" rel=\"noopener noreferrer\">Xinhua<\/a>.<\/p>\n<p><a href=\"https:\/\/www.asiapropertyawards.com\/after-australia-acclaimed-designer-sets-sights-on-thailand\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>More: After Australia, acclaimed designer sets sights on Thailand<\/strong><\/a><\/p>\n<p>&#8220;Fast internet, a truly interconnected and smooth transport network and affordable housing will be key to attracting top global talent.&#8221;<\/p>\n<p>Sydney Lord Mayor Clover Moore concurs, saying businesses in the New South Wales metropolis need to engage with commercial and investment opportunities in Asia as well as the supply chains that cut through the region.<\/p>\n<p>&#8220;A growing number of Australian jobs depend on the demand from Asia, so it&#8217;s imperative that Sydney works together with neighbouring cities to create smart, sustainable, and global economies with a high quality of life,&#8221; Moore said.<\/p>\n<p>Sydney is a \u201cprime location\u201d for tourists and business professionals alike, Kuestenmacher added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Australian city must not lag behind in terms of quality of life and connectivity, says 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