Market profile

On 17 November 2014 Trade and Investment Minister Andrew Robb and China’s Commerce Minister Gao Hucheng signed a Declaration of Intent regarding the landmark Australia China Free Trade Agreement (ChAFTA) in the presence of Australia Prime Minister Tony Abbott and Chinese President Xi Jinping at Parliament House in Canberra. The China-Australia Free Trade Agreement (ChAFTA) was signed on 17 June 2015 in Canberra by Australia's Minister for Trade and Investment Andrew Robb, and the Chinese Commerce Minister, Mr Gao Hucheng, and entered into force on 20 December 2015.

ChAFTA will unlock substantial new benefits for Australian businesses in the years ahead. The agreement gives Australian businesses unprecedented access to the world’s second largest economy and greatly enhances our competitive position in key areas such as agriculture, manufacturing exports, services, investment, resources and energy. Along with the trade deals the Government has already concluded with Korea and Japan, ChAFTA forms part of a powerful trifecta of agreements with Australia’s major trading partners in North Asia. ChAFTA greatly improves Australia’s position relative to major competitor economies such as New Zealand Chile and ASEAN, whom have already concluded FTAs with China.

ChAFTA is a game changer for Australian companies and institutions involved with China. An understanding of the agreement is important to any Australian company planning a China strategy. For more information, visit Department of Foreign Affairs and Trade.

More information on doing business in China

E-commerce in China: A Guide for Australian Business

The E-commerce in China: A Guide for Australian Business offers practical advice, facts and insights on how China’s e-commerce marketplaces work and how to access them.

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China's market insights and opportunities

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  • Imports from China A$59,496 million
  • Exports to China A$90,297 million
  • Capital Beijing
  • Official Language Mandarin
  • Area 9,388,211 sq km
  • Population 1,367.8 million


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