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Australia, the magazine : Australia, the magazine
tertiary education 41 THIS IS ONE OF CHINA'S RICHEST MEN. HE IS ALSO AN ALUMNUS OF ONE OF AUSTRALIA'S TOP UNIVERSITIES. READ THE SUCCESS STORIES OF DR ZHENGRONG SHI AND FELLOW GRADUATES. BY JACKIE NEVILL Network the Dr Zhengrong Shi, a PhD alumnus of the University of New South Wales (UNSW), was listed by Forbes magazine as China's richest man four years ago. Known throughout his home country as ' e Sun King', this solar cell entrepreneur is the founder and CEO of Suntech Power, a global leader in the design and manufacture of solar products. Despite a vast array of achievements, Dr Shi has not forgo en his Australian education at UNSW. "My entire career emerged out of my UNSW experiences. Had I not knocked on Professor Martin Green's door 20 years ago, I am not sure where I would be now," he says. Over the past 35 years, Australia's education export industry has increased dramatically in both size and importance. Today it represents not just pro table industry for Australia, but also a critical part of our relationship with other countries. Chinese students, in particular, have a preference for Australia, and the last ve years have seen a dramatic increase in study visa applications. Now, more than 100,000 Chinese students study in Australia each year, more than one third of the total foreign student contingent. Australia is also one of the leading foreign providers of education in China. India is another major market. Australia earns AU$17.2 billion in export revenue annually from education ser vices, making international education Australia's fourth biggest export earner a er coal, iron ore and gold. Stephen Smith, Australia's Minister for Foreign A airs, says: " When young Chinese study in Australia both of our countries bene t. China builds its knowledge and its expertise and when a young Chinese student returns David Mariuz