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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 J inping
Official language: Mandarin
Population: 1360.8 million (2013) Head of Government:
Exchange rate: A$1 =5.4809 Yuan (Feb 2014) Premier of the State Council HE Mr Li Keqiang
Recent economic indicators: 2009 2010 2011 2012 2013(a) 2014(b)
GDP (US$bn) (current prices): 4,990.5 5,930.4 7,322.0 8,229.4 9,181.4 10,027.6
GDP PPP (Int'l $bn) (c): 8,981.5 10,039.9 11,189.1 12,255.9 13,395.4 14,625.2
GDP per capita (US$): 3,740 4,423 5,434 6,078 6,747 7,333
GDP per capita PPP (Int'l $) (c): 6,730 7,487 8,305 9,051 9,844 10,695
Real GDP growth (% change yoy): 9.2 10.4 9.3 7.7 7.7 7.5
Current account balance (US$m): 243,257 237,810 136,097 193,139 188,700 224,336
Current account balance (% GDP): 4.9 4.0 1.9 2.3 2.1 2.2
Goods & services exports (% GDP): 25.3 27.8 27.2 26.3 24.9 24.0
Inflation (% change yoy): -0.7 3.3 5.4 2.7 2.6 3.0
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)
#
: 47,250 19.6% 1st 6.2%
Total trade (exports +imports) (A$m)
#
: 141,893 28.2% 1st 20.8%
Major Australian exports, 2013 (A$m): Major Australian imports, 2013 (A$m):
Iron ores & concentrates 52,653 Telecom equipment & parts 4,903
Coal 9,082 Computers 4,648
Gold 8,074 Clothing 4,610
Copper 2,069 Furniture, mattresses & cushions 2,026
Australia's trade in services with China, 2013: Total share:
Exports of services to China (A$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$m): 31,899 20,832
China's global merchandise trade relationships:
China's principal export destinations, 2013: China's principal import sources, 2013:
1 Hong Kong, SAR of China 17.4% 1 Republic of Korea 9.4%
2 United States 16.7% 2 J apan 8.3%
3 J apan 6.8% 3 Taiwan 8.0%
14 Australia 1.7% 6 Australia 4.7%
Compiled by the Economic Diplomacy, Trade Advocacy & Statistics Section, DFAT, using the latest data from the ABS, the IMF and various international sources.
(a) All recent data subject to revision; (b) IMF/EIU estimate (c) PPP is purchasing power parity; (d) Total may not add due to rounding; (e) Stock, as at 31 December. Released
annually by the ABS. na Data not available. np Data not published. .. Data not meaningful.
#
Excludes confidential items of trade.
Australia's merchandise trade with China Australia's merchandise exports to China Real GDP growth
CHINA
20,000
40,000
60,000
80,000
Primary STM ETM Other
A$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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