Core Insights - The Australian-Chinese Business Association, led by Li Zhifeng, is investing in the China-Australia International Technology Industrial Park in Hubei, aiming to attract more entrepreneurs back to their hometowns for business development [1][3]. Group 1: Project Overview - The China-Australia International Technology Industrial Park covers an area of 275 acres and focuses on five core industries: health and biomedicine, cultural tourism and venture capital, medical services, agricultural product processing and trade, and cross-border e-commerce and smart logistics [1][3]. - The project is part of Hubei's initiative to promote the return of local entrepreneurs and capital, marking a significant achievement in the "Chuchang Return to Hometown" campaign [3]. Group 2: Investment and Collaboration - Li Zhifeng's company, Zhuo Australia Group, has also signed a cooperation agreement with the China Agricultural Valley (Qujialing) Future Food Innovation Research Institute to focus on protein, peptide raw materials, and health products, with plans for production to begin next year [3][4]. - The strategic location of Hubei, with its comprehensive transportation network and efficient logistics through Huahu International Airport, is seen as a key advantage for businesses [4]. Group 3: Industry Potential - Hubei's health industry has surpassed a trillion yuan, and there is significant potential for collaboration with Australia, especially in areas like elderly care, health management, and smart medical devices due to Australia's aging population [4]. - Plans are underway to establish a "China-Australia Technology Headquarters" in Hubei, focusing on health, artificial intelligence, low-altitude economy, cultural tourism, and agriculture [4]. Group 4: Upcoming Events - The seventh Chuchang Conference will be held in Wuhan at the end of October, where over 1,000 member companies from the Australian-Chinese Business Association will explore new development opportunities and foster cooperation [4].