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FDIstats

Two-way investment brief

Australia–China

At the end of 2025, investors from China held A$36.2 bn of direct investment in Australia, making it Australia’s 8th-largest source of foreign direct investment (2.8% of the total). That stock rose 9.0% over the year and has grown 0.1% a year on average over the past decade. Australian direct investment in China was A$2.4 bn — the 16th-largest destination for Australian direct investment abroad. The relationship is weighted towards China investing in Australia (14.8× Australia’s direct investment there). China was Australia’s 1st-largest two-way trading partner in 2025 (goods and services, A$326 bn; 24.9% of Australia’s trade). Globally, China was the world’s 3rd-largest source of FDI outflows in 2024 ($192 bn, World Bank).

China direct investment in Australia

A$36.2 bn

+9.0%vs 20248th largest

Total China investment in Australia

A$86.7 bn

11th largest · 1.7%

Australian direct investment in China

A$2.4 bn

+27.8%vs 202416th largest destination

Total Australian investment in China

A$61.6 bn

Levels at 31 Dec 2025

Trend

Direct investment in both directions

Direct investment levels, Australia–China
  • China in Australia
  • Australia in China

Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).

China’s investment in Australia by type
  • Direct investment
  • Portfolio investment
  • Other investment

Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).

Annual direct investment flows

Net transactions during the year; negative = net disinvestment

  • China → Australia
  • Australia → China

Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).

Trade relationship

Australia–China trade

Investment and trade move together: the partners that invest most in Australia are usually major trading partners too. Goods trade is recorded monthly (latest: July 2026); services annually.

Two-way trade, 2025

A$326 bn

1st largest partner · 24.9%

Goods exports to China, 2025

A$176 bn

12 months to July 2026: A$189 bn

Goods imports from China, 2025

A$124 bn

12 months to July 2026: A$135 bn

Services trade, 2025

A$26.1 bn

Exports A$19.7 bn · imports A$6.3 bn
Goods trade

Calendar years, A$ (ABS merchandise trade)

  • Exports to China
  • Imports from China

Source: ABS, International Merchandise Trade (MERCH_EXP / MERCH_IMP), summed to calendar years.

Services trade

Calendar years, A$ (ABS international trade in services by country)

  • Exports to China
  • Imports from China

Source: ABS, International Trade in Services by Country, calendar years.

Economic outlook

China’s economy

IMF World Economic Outlook202420252026forecast2027forecast2028forecast
Real GDP growth5.0%5.0%4.4%4.0%4.0%
Inflation0.2%0.0%1.2%1.5%1.8%
Unemployment rate5.1%5.1%5.1%5.1%5.1%
Current account, % GDP2.2%3.7%3.5%3.3%3.0%
Fiscal balance, % GDP−7.1%−7.9%−8.2%−8.4%−8.2%
Government gross debt, % GDP90.4%99.2%106.9%112.5%116.7%

Source: IMF World Economic Outlook via the IMF DataMapper API. Years from 2026 are IMF projections; recent years may be estimates and are revised in each WEO round (April and October).

2025 at a glance

New FDI from China
A$3.5 bn
New Australian FDI in China
A$1.6 bn
Direct investment income paid to investors
A$2.1 bn
Direct investment income earned by Australians
—

China globally (World Bank)

FDI outflows, 2024
$192 bn · 3rd
FDI inflows, 2025
$80.0 bn
GDP, 2025
$19.50 tn
Region · income
East Asia & Pacific · Upper-middle income

Regulatory openness (OECD FDIRRI)

OECD index data loading — see FDI openness

Sources: ABS, International Investment Position, Australia: Supplementary Statistics (cat. 5352.0), 2025 release, released 2026-05-06 — levels at 31 December and calendar-year flows and income, A$ millions, immediate counterparty basis (investment routed via third economies is attributed to the intermediate economy). World Bank WDI (US$). OECD FDI Regulatory Restrictiveness Index. np = not published for confidentiality; included in totalsPrepared independently by FDIstats from public statistics; not an Australian Government publication and not investment advice. For foreign investment rules, see the Treasury and FIRB.