China is Queensland’s largest trading partner, bringing in $43.8 billion of total trade with Mainland China and $431 million with Hong Kong Special Administrative Region (SAR) during 2024.
For the mining and resources sector, Mainland China brought in $88 million in foreign investment to Australia, as reported by Trade + Investment Queensland in 2024. Hong Kong on the other hand, brought in $146.6 billion in investment to Queensland within the energy, mining, infrastructure and agribusiness sectors.
Meanwhile, Queensland exports $26.9 billion to China, including LNG, coal, aluminium ores and concentrates, copper, zinc, lead ores, and zinc. Queensland also exports $146.6 billion in investments to Hong Kong, including in
As such, the Queensland Government is rebuilding its relationship with China through a trade mission which will strengthen the state’s presence in the “economic powerhouse” of China.
The trade mission, led by the Minister for Finance, Trade, Employment and Training Ros Bates, will also strengthen Queensland’s growing relationship through a series of strategic meetings and events in Shanghai, Hong Kong, and Shenzhen.
During the mission, Minister Bates will open a new trade and investment Queensland office in Shenzhen. Bates will also attend Hong Kong’s HOFEX 2025 — one of Asia’s largest trade shows that features more than 1,200 exhibitors and attracts more than 30,000 buyers.
Bates says that Queensland’s relationship with China played a crucial role in creating jobs.
“China is Queensland’s largest trading partner, accounting for more than $43 billion in trade last year alone,” he says.
“We are leading from the front with our trade partners, assuring stakeholders that Queensland is delivering on our commitment to stability, certainty, and growth.”
The state government is aiming to leverage the complementarities in the Queensland-China trade and investment relationship to support clients, investors, and education providers to achieve commercial success and jobs growth in key opportunity areas.
Write to Aaliyah Rogan at Mining.com.au
Images: iStock
