Prime Minister Anthony Albanese is this week in China focused on advancing Australia’s security and economic interests – with trade, tourism, and Australian jobs a critical part of his visit to China.
Several resources CEOs are reportedly joining the PM in Shanghai including BHP’s (ASX:BHP) Geraldine Slattery, Rio Tinto’s (ASX:RIO), Kellie Parker, and Fortescue’s (ASX:FMG) Andrew Forrest for a roundtable on green steel.
China is Australia’s largest tourism market by expenditure, with a total spend of $9.2 billion in the 12 months up to March 2025.
This represents around 25% of all short-term international visitor expenditure in Australia for that period.
Chinese tourism is also growing at a faster pace than other international markets, with a 26% increase in visitors in the past 12 months and a total of 860,000 trips to Australia.
Write to Adam Orlando at Mining.com.au
Images: iStock
