Australia-Hong Kong relations
The Australian Consulate-General represents the Australian Government in Hong Kong, the Hong Kong Government is represented through the Hong Kong Economic and Trade Office based in Sydney.
Hong Kong has one of the largest Australian communities abroad with around 100,000 Australians living in Hong Kong. Approximately 96,000 people from Hong Kong live in Australia, and more than 600 Australian businesses have a presence in Hong Kong.
The Australian Government supports Hong Kong's "high degree of autonomy" under Chinese sovereignty as provided for by the Sino-British Joint Declaration, Hong Kong's "mini-constitution", the Basic Law, and in accordance with China's policy of observing "one country, two systems". Under this framework, Hong Kong is guaranteed legal, social and economic autonomy under a capitalist system. Australia and Hong Kong share common values, including respect for the rule of law, human rights and individual freedoms.
People to people links
People to people links between Australia and Hong Kong are strong, encompassing education, tourism and sporting and cultural exchanges.
In December 2019, Minister Payne announced that the Australia-China Council (ACC) will be replaced by the National Foundation for Australia-China Relations. For The new and innovative National Foundation, based in Sydney and in operation from early-2020, works to further strengthen this important bilateral relationship.
Australia has a strong education and training relationship with Hong Kong and is one of the major English-speaking study destinations for students from Hong Kong. Hong Kong is home to more than 120,000 alumni from Australian universities.
Hong Kong is a popular destination for Australian students participating in the New Colombo Plan. The New Colombo Plan is a signature initiative of the Australian Government which aims to lift knowledge of the Indo-Pacific in Australia and strengthen people-to-people and institutional relationships, through study and internships undertaken by Australian undergraduate students in the region.
Bilateral Economic and Trade relations
Australian business is drawn to Hong Kong because of the transparency and efficiency of its regulatory environment, the integrity of Hong Kong’s financial markets and the rule of law, backed by an independent judiciary and the freedoms of an open civil society. Hong Kong’s location gives Australian companies an important base for commercial engagement with China and neighbouring countries in North and Southeast Asia.
Hong Kong is an important source of foreign investment for Australia. Key Investment sectors include electricity supply, natural gas, mining, transport, food processing, port infrastructure, light industry, insurance, engineering, telecommunications and biotechnology.
Hong Kong is also an attractive investment destination for Australia. Sectors of interest include banking and finance, construction and engineering, health and medical services, telecommunications, insurance, legal services, education, information technology, consulting, and transport.
Australia and Hong Kong have a longstanding trade relationship. Australia's major merchandise exports include gold, food and beverages and telecommunications equipment. Major services exports include travel (including education exports), business and professional services.
Hong Kong imports a significant amount of Australian food and beverages because consumers appreciate safe, fresh produce and quality beverages such as wine. Australian health, beauty and skin care products and fashion designs are increasingly available from Hong Kong retailers.
More information can be found in the Hong Kong brief.