Doing business in China

Does your bank understand the China growth story?

The trade opportunity

Over the past decade, China has become Australia's most important trading partner. More recently, growth prospects for Australia have shifted from commodities towards services, reflecting economic and demographic changes in China. As China's upper middle class grows from 135m in 2011 to over 500m by 2050 and domestic consumption drives its economy, new opportunities will be created in a broad range of sectors including tourism, education, healthcare and high-end agriculture.

The China Tourism Opportunity

China: The tourism opportunity

Australia’s tourism sector is growing three times faster than the economy each year, employs about 1 million people and makes up 3.2 per cent of the economy.

Australia’s tourism sector is full of optimism and opportunity – for good reason. It is growing three times faster than the economy each year, employs about 1 million people and makes up 3.2 per cent of the economy. It also supports other industries, with about 87¢ of every $1 an international visitor spends going into other parts of the economy, such as agribusiness and transport.

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The Agribusiness Opportunity

China: The agribusiness opportunity

China’s appetite for Australian agricultural produce has increased dramatically in recent years, and conditions are favourable for exports to rise even higher.

China’s appetite for Australian agricultural produce has increased dramatically in recent years, and conditions are favourable for exports to rise even higher. Australia’s agribusiness suppliers will need more than a reputation for being clean and green to win a much larger slice of trade with China. Changing Chinese demand for Australian produce means agribusiness companies will need to pay even closer attention to sales figures and other data.

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Capturing the China opportunity

Trade will increase with the China-Australia Free Trade Agreement (ChAFTA), signed in December last year, facilitating greater access for Australian goods and services to China.

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The impact of China-Australia Free Trade Agreement (ChAFTA) on trade and business

Five trends you need to know to benefit from greater ties with Australia's largest trading partner.

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Building Australian opportunity along the new Silk Road

Are Australian businesses ready to embrace the new opportunities the Belt and Road Initiative can offer?

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Opening up new trade corridors

China is Australia’s largest trading partner, with two-way trade worth AUD150 billion in 2015-16. Australia’s Trade Minister, Steven Ciobo, says the BRI should increase the two countries’ economic cooperation markedly

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The infrastructure megaproject

The top priority of China’s Belt and Road Initiative is infrastructure development, which will benefit infrastructure development specialists in Australia and around the world.

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