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Economy corner

From January to July 2022, the bilateral import and export volume of goods between China and Australia was US$128.26 billion, a decrease of US$32.37 million compared with the same period in 2021, down by 1.7% year-on-year.

From January to July 2022, the total value of China’s exports to Australia was US$43.18 billion, an increase of US$8.34 billion compared with the same period in 2021, an increase of 24.1% year-on-year. The total value of China’s imports from Australia was US$85.09 billion, a decrease of US$9.45billion compared with the same period in 2021, down 11.1% year-on-year.

Although this year’s trade (especially in the commodities such as barley, sugar, beef, wine, log, coal, lobster, and copper) is down considerably, Australia’s trade surplus resulting from trade with China still reached US$41.91 billion from January to July 2022.

Data source: www.customs.gov.cn | www.mofcom.cn (Note: US$1=AUD1.4790)

Archives

Access the past Australia-China Economy Corner archives

Business Training

VBCI provides tailored Chinese business culture training for business organisations and communities. If you want your team to understand more about Chinese business culture and master basic Mandarin phrases, this program is what you need.

Upon completion, participants are expected to be able to:

  • receive guests with simple greetings
  • chat with Chinese clients and colleagues on daily topics
  • express some opinions on different topics
  • understand Chinese culture in the business context
  • have a general understanding of the different cultures for North and South China
  • have a basic understanding of selected e-commerce platforms in China.

We can also tailor the program to best fit your needs.

Contact VBCI to discuss how we can help you most effectively. Email: [email protected].

 

Business Training Clients

I can't thank Feng Jieyun and Liu Chunxiao enough for reigniting my belief in my ability to learn a new language, and for giving me an opportunity to feel connected to my culture and my family each week in our classes. Each class has become a highlight of my week and helped me to remove my anxiety, my fear of failure and to trust in my love of learning and connecting, with people and culture.

Samantha Teo, Brand Manager at Life-Space Corporation, Melbourne.

I am so grateful that we can have VBCI with us to deliver such a fruitful program on behalf of the City of Melbourne. We have more confidence to better connect with Chinese tourists in Melbourne and I look forward to working together to build more and more cooperation so that more people can participate in the China Readiness program.

Mr. David Livingstone, Manager, City of Melbourne International & Civic Service

Disclaimer

Please note: This list of reports and resources is not definitive. Inclusion in this list does not imply endorsement by VBCI. The information provided is a guide only. The content is for information and carries no warranty; as such, the addressee must exercise their own discretion in its use.