China’s largest export market for services in eight consecutive years

China's largest export market for services in eight consecutive years

Xinhua news agency, Canberra, March (Xinhua Zhao Bo) 22 (reporter Zhao Bo) Australia Trade, tourism and investment minister Steve Chobot 22, 22, 2016-2017 financial year (July 2016 to June 2017) the total Australian service trade reached a record 166 billion Australian dollar (1 Australian dollars about 0.77 US dollars), China for eight years into Australia for eight years The largest export market for service trade.

According to the latest “2016-2017 Australia service trade report”, the record of service trade benefited from the export of service trade, which increased by 8.3% over the last fiscal year, up to 81 billion 600 million Australian dollars. Joe said that the signing of the Sino Australian free trade agreement has created more opportunities for Australia’s service trade exports. China has become Australia’s largest export market for service trade, with a total export volume of 14 billion 700 million Australian dollars.

Joe said that tourism is Australia’s largest service trade export industry, the total growth of 7.6%, reaching 37 billion 200 million Australian dollars. Education is the fastest growing service trade export industry, an increase of 15.8%, reaching 28 billion 600 million Australian dollars. New Zealand, China and the United States are Australia’s top three source countries of international tourists.

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