CHINA

General information:
Capital:
Surface area:
Official language:
Population:
Exchange rate:

Fact sheets are updated biannually; June and December

Beijing
9,561 thousand sq km
Mandarin
1,360.8 million (2013)
A$1 = 5.5635 Yuan (Sep 2014)

Recent economic indicators:

Head of State:
President HE Mr Xi Jinping
Head of Government:
Premier of the State Council HE Mr Li Keqiang

2009
5,105.8
10,813.8
3,826
8,103
9.2
243,257
4.8
24.7
-0.7

GDP (US$bn) (current prices):

GDP PPP (Int'l $bn) (c):
GDP per capita (US$):
GDP per capita PPP (Int'l $) (c):
Real GDP growth (% change yoy):
Current account balance (US$m):
Current account balance (% GDP):
Goods & services exports (% GDP):
Inflation (% change yoy):
Australia's merchandise trade with China

2010
5,949.6
12,085.5
4,437
9,013
10.4
237,810
4.0
27.7
3.3

2011
7,314.5
13,482.1
5,429
10,006
9.3
136,097
1.9
27.2
5.4

2012
8,386.7
14,774.4
6,194
10,911
7.7
215,392
2.6
26.1
2.6

Real GDP growth

2013(a)
9,469.1
16,149.1
6,959
11,868
7.7
182,807
1.9
25.0
2.6

2014(b)
10,355.4
17,632.0
7,572
12,893
7.4
185,308
1.8
23.9
2.3

Australia's merchandise exports to China

A$m

A$m

100,000

12

80,000

60,000

40,000

20,000

2008
2013

80,000

Exports

60,000
40,000
Imports
20,000

2008

2009

2010

2011

2012

2013

0
2009

2010

2011

2012

2013

Primary

2014

STM

ETM

Other

Australia's trade and investment relationship with China (d):

Australian merchandise trade with China, 2013:
Exports to China (A$m):
Imports from China (A$m)#:
Total trade (exports + imports) (A$m)#:
Major Australian exports, 2013 (A$m):
Iron ores & concentrates
Coal
Gold
Copper

Total share:

94,655
47,150
141,805

Rank:

Growth (yoy):

1st
1st
1st

Major Australian imports, 2013 (A$m):

Telecom equipment & parts
Computers
Clothing
Furniture, mattresses & cushions

52,653
9,082
8,074
2,069

Australia's trade in services with China, 2013:

Exports of services to China (A$m):
Imports of services from China (A$m):
Major Australian service exports, 2013 (A$m):
Education-related travel
Personal travel excl education

36.1%
19.6%
28.2%

29.7%
6.1%
20.8%
4,905
4,648
4,610
2,026

Total share:

6,881
2,079

12.5%
3.0%
Major Australian service imports, 2013 (A$m):
Personal travel excl education
Transport

4,042
1,675

Australia's investment relationship with China, 2013 (e):

Australia's investment in China (A$m):
China's investment in Australia (A$m):

854
546

Total:

FDI:

29,576
31,899

6,350
20,832

China's principal import sources, 2013:

1
Republic of Korea
2
Japan
3
Taiwan
6
Australia

9.4%
8.3%
8.0%
4.7%

China's global merchandise trade relationships:

China's principal export destinations, 2013:
1
Hong Kong, SAR of China
2
United States
3
Japan
14
Australia

17.4%
16.7%
6.8%
1.7%

Compiled by the Economic Diplomacy, Trade Advocacy & Statistics Section, DFAT, using the latest data from the ABS, the IMF and various international sources.
(a) All recent data subject to revision; (b) IMF/EIU estimate (c) PPP is purchasing power parity; (d) Total may not add due to rounding; (e) Stock, as at 31 December. Released
annually by the ABS.

na Data not available.

np Data not published.

.. Data not meaningful.

Excludes confidential items of trade.