(MENAFN) Data showed that Australia's direct trade with China, its largest trading partner, has accounted for 5.5 percent of the country's Gross Domestic Product (GDP) in 2014, Xinhua reported.
The benefits to ordinary Australian households from trade with China keep expanding, with the 2014 figure reaching USD13,372 thousand, a fivefold increase since 2009 when data collection began.
Australian governments, firms and households continue to benefit significantly and increasingly from Australia-China trade through growth in GDP, tax revenue, employment and real wages.
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