Australia’s trade in services with China
has been growing by an average of 10.8% per annum over the last ten years. Australia
has a strong capability in professional services. The sector is an important
contributor to the Australian economy both in terms of employment and
productivity. (Source: Austrade).
Education-related travel services dominate, but financial and insurance,
engineering, consulting and other technical and advanced services all play a
part. (Source: DFAT). The China Australia Free Trade Agreement has improved
market access for banks, insurers, law firms and many other providers of
services.