Doing business in China

Does your bank understand the China growth story?

The Australia-China Corridor

Australia's relationship with China is evolving quickly and continues to create opportunities and challenges for Australian companies.

At HSBC, we believe the business community has a crucial role in to play in maximising the strategic relationship between Australia and China. Whether it is through new investment and partnership opportunities which are emerging in both markets, or exploiting the trade opportunities in growing sectors – understanding how to do business with China is crucial. Here are four videos that share the latest insights on Australia’s most important trading partner:

Understanding the New China

China is continuing its economic transition favouring service and consumption, supported by innovation and digital excellence and a shift towards green and low carbon practices. China’s digital economy and high-tech industries are creating major opportunities for Australian exporters of products, services, tourism and research. Discover how they are engaging with Chinese consumers through the latest digital channels.

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The China Tourism Opportunity

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’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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