The Property Services industry plays a key role in the Australian economy. Australia’s property/real estate sector alone, for example, is forecast to grow annually at a rate of 2.5% and reach $49.9 billion in revenue by 2021–22. (Source: https://www.artibus.com.au/wp-content/uploads/2017/06/2017-CPP-Skills-Forecast.pdf) Chinese investment in real estate in Australia includes commercial, residential development projects, and infrastructure. Australian commercial real estate is the second most attractive sector for Chinese investment (after mining).
China is also playing a role in changing urban environments with smart technology helping to tackle congestion.