CHINA Fact sheets are updated biannually; June and December General information Capital: Land area: Official language(s): Population: Currency: Beijing 9,388,211 sq km Mandarin 1367.8 million (2014) Yuan Renminbi Head of State President HE Mr Xi Jinping Head of Government Premier of the State Council HE Mr Li Keqiang 2010 2011 2012 2013 2014 2015 6,039.6 4,504.1 12,357.0 9,215.4 10.6 237.8 3.9 3.3 4.1 7,492.5 5,560.9 13,810.3 10,249.9 9.5 136.1 1.8 5.4 4.1 8,461.5 6,249.1 15,154.3 11,191.9 7.7 215.4 2.5 2.6 4.1 9,490.9 6,974.9 16,585.0 12,188.4 7.7 148.2 1.6 2.6 4.1 10,356.5 7,571.5 18,088.1 13,224.0 7.3 219.7 2.1 2.0 4.1 11,384.8 8,280.1 19,510.0 14,189.5 6.9 347.8 3.1 1.5 4.1 Economic indicators (a) GDP (US$b) (current prices) GDP per capita (US$) GDP PPP (Int'l $b) GDP per capita PPP (Int'l $) Real GDP growth (% change yoy) Current account balance (US$b) Current account balance (% GDP) Inflation (% change yoy) Unemployment (% labour force) Australia's trade and investment relationship with China (b) Australian merchandise trade with China, 2014-15 (A$m) Exports to China 81,464 Imports from China 57,104 Total merchandise trade (exports + imports) 138,568 Major Australian exports, 2014-15 (A$m) Iron ores & concentrates Coal Gold Wool & other animal hair (incl tops) Total share 31.8% 21.1% 26.3% Rank 1st 1st 1st 42,051 7,514 6,956 2,018 Major Australian imports, 2014-15 (A$m) Telecom equipment & parts Computers Furniture, mattresses & cushions Prams, toys, games & sporting goods Australia's trade in services with China, 2014-15 (A$m) Exports of services to China Imports of services from China 8,833 2,392 Total share 14.1% 3.4% Major Australian services exports, 2014-15 (A$m) Education-related travel Personal travel excluding education 4,694 2,477 Rank 1st 8th Growth (yoy) -18.6% 14.0% -7.7% 6,351 5,202 2,483 1,960 Growth (yoy) 17.6% 10.6% Major Australian services imports, 2014-15 (A$m) Transport Personal travel excluding education Australia's investment relationship with China, 2014 (A$m) Australia's investment in China China's investment in Australia Total 57,884 64,525 749 712 FDI 12,074 29,970 China's global merchandise trade relationships China's principal export destinations, 2014 1 United States 2 Hong Kong (SAR of China) 3 Japan 14 Australia 17.0% 15.5% 6.4% 1.7% China's principal import sources, 2014 1 Republic of Korea 2 Japan 3 United States 7 Australia 9.7% 8.3% 8.2% 5.0% Compiled by the Economic Diplomacy, Trade Advocacy & Statistics Section, DFAT, using the latest data from the ABS, the IMF and various international sources. (a) Economic indicators data is from the IMF WEO where available, the EIU or other reputable source. Data may include forecasts or projections for recent years. GNI may be shown in lieu of GDP for countries where GDP data is unavailable. (b) Merchandise trade data is based on published and unpublished ABS data. May exclude confidential items of trade. Totals may not add up due to rounding. Investment data is stocks as at end December. All data may be subject to future revisions. GDP - Gross Domestic Product PPP - Purchasing power parity GNI - Gross National Income na - Data is not available np - Data is not published .. - Data is not meaningful Primary - Primary goods STM - Simply transformed manufactures ETM - Elaborately transformed manufactures Other - Other goods including non-monetary gold f.c.f. - Fresh, chilled or frozen nes - Not elsewhere specified