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General information: Fact sheets are updated biannually; June and December Capital: Beijing Head of State: Surface area: 9,561 thousand sq km President HE Mr Xi Jinping Official language: Mandarin Population: 1,360.8 million (2013) Head of Government: Exchange rate: A$1 = 5.5635 Yuan (Sep 2014) Premier of the State Council HE Mr Li Keqiang Recent economic indicators: 2009 2010 2011 2012 2013(a) 2014(b) GDP (US$bn) (current prices): 5,105.8 5,949.6 7,314.5 8,386.7 9,469.1 10,355.4 GDP PPP (Int'l $bn) (c): 10,813.8 12,085.5 13,482.1 14,774.4 16,149.1 17,632.0 GDP per capita (US$): 3,826 4,437 5,429 6,194 6,959 7,572 GDP per capita PPP (Int'l $) (c): 8,103 9,013 10,006 10,911 11,868 12,893 Real GDP growth (% change yoy): 9.2 10.4 9.3 7.7 7.7 7.4 Current account balance (US$m): 243,257 237,810 136,097 215,392 182,807 185,308 Current account balance (% GDP): 4.8 4.0 1.9 2.6 1.9 1.8 Goods & services exports (% GDP): 24.7 27.7 27.2 26.1 25.0 23.9 Inflation (% change yoy): -0.7 3.3 5.4 2.6 2.6 2.3 Australia's trade and investment relationship with China (d): Australian merchandise trade with China, 2013: Total share: Rank: Growth (yoy): Exports to China (A$m): 94,655 36.1% 1st 29.7% Imports from China (A$m) # : 47,150 19.6% 1st 6.1% Total trade (exports + imports) (A$m) # : 141,805 28.2% 1st 20.8% Major Australian exports, 2013 (A$m): Major Australian imports, 2013 (A$m): Iron ores & concentrates 52,653 Telecom equipment & parts 4,905 Coal 9,082 Computers 4,648 Gold 8,074 Clothing 4,610 Copper 2,069 Furniture, mattresses & cushions 2,026 Australia's trade in services with China, 2013: Total share: Exports of services to China (A$m): 6,881 12.5% Imports of services from China (A$m): 2,079 3.0% Major Australian service exports, 2013 (A$m): Major Australian service imports, 2013 (A$m): Education-related travel 4,042 Personal travel excl education 854 Personal travel excl education 1,675 Transport 546 Australia's investment relationship with China, 2013 (e): Total: FDI: Australia's investment in China (A$m): 29,576 6,350 China's investment in Australia (A$m): 31,899 20,832 China's global merchandise trade relationships: China's principal export destinations, 2013: China's principal import sources, 2013: 1 Hong Kong, SAR of China 17.4% 1 Republic of Korea 9.4% 2 United States 16.7% 2 Japan 8.3% 3 Japan 6.8% 3 Taiwan 8.0% 14 Australia 1.7% 6 Australia 4.7% Compiled by the Economic Diplomacy, Trade Advocacy & Statistics Section, DFAT, using the latest data from the ABS, the IMF and various international sources. (a) All recent data subject to revision; (b) IMF/EIU estimate (c) PPP is purchasing power parity; (d) Total may not add due to rounding; (e) Stock, as at 31 December. Released annually by the ABS. na Data not available. np Data not published. .. Data not meaningful. # Excludes confidential items of trade. Australia's merchandise trade with China Australia's merchandise exports to China Real GDP growth CHINA 20,000 40,000 60,000 80,000 Primary STM ETM Other A$m 2008 2013 0 3 6 9 12 2009 2010 2011 2012 2013 2014 % 20,000 40,000 60,000 80,000 100,000 2008 2009 2010 2011 2012 2013 A$m Imports Exports

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  • General information: Fact sheets are updated biannually; June and December

    Capital: Beijing Head of State:Surface area: 9,561 thousand sq km President HE Mr Xi JinpingOfficial language: MandarinPopulation: 1,360.8 million (2013) Head of Government:Exchange rate: A$1 = 5.5635 Yuan (Sep 2014) Premier of the State Council HE Mr Li Keqiang

    Recent economic indicators: 2009 2010 2011 2012 2013(a) 2014(b)GDP (US$bn) (current prices): 5,105.8 5,949.6 7,314.5 8,386.7 9,469.1 10,355.4GDP PPP (Int'l $bn) (c): 10,813.8 12,085.5 13,482.1 14,774.4 16,149.1 17,632.0GDP per capita (US$): 3,826 4,437 5,429 6,194 6,959 7,572GDP per capita PPP (Int'l $) (c): 8,103 9,013 10,006 10,911 11,868 12,893Real GDP growth (% change yoy): 9.2 10.4 9.3 7.7 7.7 7.4Current account balance (US$m): 243,257 237,810 136,097 215,392 182,807 185,308Current account balance (% GDP): 4.8 4.0 1.9 2.6 1.9 1.8Goods & services exports (% GDP): 24.7 27.7 27.2 26.1 25.0 23.9Inflation (% change yoy): -0.7 3.3 5.4 2.6 2.6 2.3

    Australia's trade and investment relationship with China (d):Australian merchandise trade with China, 2013: Total share: Rank: Growth (yoy):

    Exports to China (A$m): 94,655 36.1% 1st 29.7%Imports from China (A$m)#: 47,150 19.6% 1st 6.1%Total trade (exports + imports) (A$m)#: 141,805 28.2% 1st 20.8%

    Major Australian exports, 2013 (A$m): Major Australian imports, 2013 (A$m):Iron ores & concentrates 52,653 Telecom equipment & parts 4,905Coal 9,082 Computers 4,648Gold 8,074 Clothing 4,610Copper 2,069 Furniture, mattresses & cushions 2,026

    Australia's trade in services with China, 2013: Total share:Exports of services to China (A$m): 6,881 12.5%Imports of services from China (A$m): 2,079 3.0%

    Major Australian service exports, 2013 (A$m): Major Australian service imports, 2013 (A$m):Education-related travel 4,042 Personal travel excl education 854Personal travel excl education 1,675 Transport 546

    Australia's investment relationship with China, 2013 (e): Total: FDI:Australia's investment in China (A$m): 29,576 6,350China's investment in Australia (A$m): 31,899 20,832

    China's global merchandise trade relationships:China's principal export destinations, 2013: China's principal import sources, 2013:

    1 Hong Kong, SAR of China 17.4% 1 Republic of Korea 9.4%2 United States 16.7% 2 Japan 8.3%3 Japan 6.8% 3 Taiwan 8.0%

    14 Australia 1.7% 6 Australia 4.7%

    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.

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