Mining and wind farm deals valued at more than $3 billion have been signed in Beijing during Prime Minister Julia Gillard's visit.
Hydro Tasmania and China's Shenhua Group signed a strategic cooperation agreement to develop a further 700 megawatts of wind farms, valued at $1.6 billion.
Shenhua Group already owns a 75 per cent stake in Hydro Tasmania's Woolnorth wind farm and Mussleroe wind farm.
The commercial deals were signed by David Crean, chairman of Tasmania's Hydro Electric Corporation and Zhan Xiwu, chairman of Shenhua Energy, at the Great Hall of the People.
China's Minmetals Corporation, the China Development Bank and the Australian based Minerals and Metals Group – a wholly owned subsidiary of Minmetals – signed a mining finance facility and minerals development contract worth $1.5 billion for the development of the Dugald River zinc, lead and silver mine near Cloncurry in Queensland.
