The China-Australia Free Trade Agreement (ChAFTA)

ChAFTA provides major preferential market access for Australia, with over 85% of Australia’s goods exported to China (by value in 2013) now entering duty-free upon entry into force, rising to 93% after four years and 95% when ChAFTA is fully implemented.

OverviewWhy China?Key benefits

Overview of ChAFTA

China-Australia Free Trade Agreement
China-Australia Free Trade Agreement

August 26, 2016 | pdf, 2.1 MB

The China-Australia Free Trade Agreement (ChAFTA) was signed on 17 June 2015 and entered into force on 20 December 2015 when 7,289 individual Chinese tariffs were either cut, or eliminated completely.

A second tariff cut took place on 1 January 2016.

To ensure your business is fully equipped, download CHAFTA - 4 Steps For Your Business – August 26, 2016 [pdf, 808.5 KB]

There are significant benefits for:

  • Agriculture
  • Agribusiness
  • Resources/energy manufacturing
  • Manufacturing
  • Professional services across a range of industries.

See the factsheet for the  China-Australia Free Trade Agreement – August 26, 2016 [pdf, 2.1 MB] for more information on the prospective benefits of the Agreement.

Why China?

China is Australia’s largest trading partner. It buys almost a third of all Australian exports, valued at nearly $90 billion in 2014-15, and is our top overseas market for agriculture, resources and services exports.

Chinese investment in Australia has been growing strongly in recent years, reaching almost $65 billion in 2014.

Trade and investment with China is central to Australia’s future prosperity.

Key benefits of ChAFTA

Australian goods exporters
Australian services suppliers
Investors
Australian consumers and businesses
Business and skilled worker mobility
Work and Holiday Arrangement
Other outcomes

Relevant library resourcesComplete library

China-Australia Free Trade Agreement

China-Australia Free Trade Agreement

August 26, 2016

The China-Australia Free Trade Agreement (ChAFTA) entered into force on 20 December 2015. This first free trade agreement (FTA) gives Australia a significant advantage in its trade relationship with China, now the world’s largest economy. The potential benefits for Queensland will be substantial across the key industries of agriculture, agribusiness, mining, manufacturing and a wide range of services.

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CHAFTA - 4 Steps For Your Business

CHAFTA - 4 Steps For Your Business

August 26, 2016

1. Identify the customs tariff code for your goods
2. Identify the lower (preferential) duty rates for your goods
3. Determine eligibility for the goods you produce – only goods produced in Australia or China are eligible for preferential tariff treatment under ChAFTA
4. Certify the origin of your goods to ensure that you get the lower tariff rate

View this resource