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  5. arrow_forward_ios The Queensland-China Economic Relationship

The Queensland-China Economic Relationship

9 June 2016

James Laurenceson

 

James Laurenceson, Deputy Director, Australia-China Relations Institute, University of Technology Sydney

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1. The annual value of Queensland’s goods exports to China is $11.6 billion.[1],[2] This compares with –

  • $8.1 billion to Japan
  • $6.0 billion to Korea
  • $5.3 billion to India

2. The annual value of Queensland’s goods exports to China has increased by $4.9 billion over the past five years.[3] Exports to –

  • Japan fell by $3.2 billion
  • Korea increased by $0.1 billion
  • India fell by $1.6 billion

3. Personal tourism is Queensland’s third largest export earner after coal and beef.[4]  Queensland has welcomed 442,000 visitors from China over the past year, an annual increase of 28.9 percent.[5] This compares with –

  • 177,000 from Japan, an increase of 15.1 percent
  • 59,000 from Korea, an increase of 17.4 percent
  • 59,000 from India, an increase of 19.1 percent

4. Education-related travel is Queensland’s fourth largest export earner.[6] There are currently 14,614 Chinese students at Queensland educational institutions, an increase of 13.4 percent over the past year.[7] This compares with –

  • 2,574 from Japan, an increase of 9.8 percent
  • 4,530 from Korea, an increase of 9.4 percent
  • 8,718 from India, an increase of 1.9 percent

5. Over the past five years Chinese investment in Queensland has totaled $11.2 billion.[8] This compares with –

  • $17.4 billion for New South Wales
  • $11.4 billion for Victoria
  • $9.6 billion for Western Australia

6. China is the 6th largest foreign land owner in Queensland with holdings totaling 237,490ha.[9] This compares with –

  • 2,229,850ha for the UK
  • 548,070ha for the US
  • 427,900ha for Switzerland

Endnotes

[1] This factsheet was prepared by Professor James Laurenceson, Deputy Director, Australia-China Relations Institute, University of Technology Sydney

[2] As of April 2016. Source – Australian Bureau of Statistics (ABS); http://stat.abs.gov.au/

[3] The figures are between April 2011 and April 2016. Source – ABS.

[4] As of 2014-2015. Source – Department of Foreign Affairs and Trade (DFAT); http://dfat.gov.au/about-us/publications/Pages/australia-s-trade-by-state-and-territory.aspx 

[5] As of March 2016. Source – Tourism and Events Queensland; http://teq.queensland.com/Research-and-Insights/Source-Market-Research/International-Summary-Snapshots/International-Tourism-Snapshot

[6] As of 2014-2015. Source – DFAT 

[7] As of April 2016. Source – Australian Government Department of Education and Training; https://internationaleducation.gov.au/research/International-Student-Data/Pages/InternationalStudentData2016.aspx#Pivot_Table   

[8] The figures are for 2010-2015. Source – University of Sydney / KPMG; http://demystifyingchina.com.au/.   

[9] As of 2014-15. Source – Queensland Government Department of Natural Resources and Mines; https://www.dnrm.qld.gov.au/__data/assets/pdf_file/0010/307486/folr-2015.pdf

 


Author

Professor James Laurenceson, Deputy Director, Australia-China Relations Institute, University of Technology Sydney

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