China has experienced steady economic growth in recent years, with GDP growth around 6-7% annually. Retail sales in China have also grown steadily year-over-year. Australia exports many goods to China, including iron ore, coal, food and beverages, and China is Australia's largest trading partner. Key products China needs from Australia include wine, pre-packed foods, seafood, beef and lamb. China also provides opportunities for Australian services like education, tourism, and aged care. Cooperation between Australian and Chinese companies can occur through e-commerce platforms, retail chains, and trade expositions.
12. Top 20 Australia’s Merchandise Trade
with China
Sauce: Economic Diplomacy, Trade Advocacy & Statistics Section
Department of Foreign Affairs & Trade
December 2015
13. Largest consumer
market for food and
beverage
Biggest importer of
agricultural products
Largest tourism
market
Largest overseas
education market Largest education market
14. What Products Does China Need From
Australia?
• Wine
• Pre-packed food
• Boutique alcohol
• Juice, Milk
• Edible oils
• Noodles/pasta
• Chocolates
• Seafood
• Beef and lamb
• Nuts
• Cheese
And a lot more…
15. What Services Does China Need From
Australia?
• Architecture
• Qualification education
• Project management
• Aged care related services
• Personal training
• Tourism
And a lot more
16 short weeks ago we had approval by the Board to go ahead with the China project… it’s been a wild ride!
In that time the Team has built a brand, a website, written and built a complex diagnostic, promotional plan, showroom designed and underway, signed up strategic partners, built an exporter management system and a Mandarin translation process. Phew!
And now… it’s just…
According to analysis produced by UBS, retail sales of consumer goods grew at a compound average growth rate (CAGR) of 13.8% since 2000, leaving the total amount spent by Chinese households last year at a mammoth 30 trillion RMB (US$4.6 trillion). From the levels of 2000, that represents a more than six-fold increase.
Though Australia’s Export to China has sored in recent years, Australia’s iron ore and resources is still the major contributor of Australian’s export to China.
While China mostly export finished products, especially telecommunicate equipment and light industry products.
Also it is interesting to notice Australia’s import of service from China , through counting a bit over 3% in 2012 up to currently 11.38%. It has grown faster than other minor segments in the past couple of years.
The world’s largest consumer market for food and beverage, surpassing the United States in 2011
China passed the U.S. in 2011 for the first time to become the biggest importer of agricultural products.
Tmall Global
Tmall is China’s largest online marketplace dedicated to domestic and international branded merchandise. Owned by Alibaba Group, Tmall provides a marketplace for foreign brands to open exclusive shopfronts. Tmall Global, launched in 2013, sells only imported goods, and allows international brands without a physical presence in China to sell directly to Chinese consumers.
JD
JD is China’s largest online direct sales company. JD owns and operates seven fulfillment centers and 166 warehouses in 44 cities, with a further 4,142 delivery stations in 2,043 counties and districts across China. JD allows merchants to open individual shopfronts and is licensed to import food, beverage products, apparel and shoes directly from overseas. JD’s cross-border service, JD Worldwide, enables merchants to sell directly to Chinese consumers without a Chinese presence.
Yihaodian (YHD)
Yihaodian is China’s largest online retailer of food and beverages, stocking over 8 million SKUs. The platform is 100 percent owned by U.S. retail giant Walmart and is licensed to import food and beverage products directly from overseas.
