There are few more important economic relationships for Australia than the one it has with China. The Australia-China Joint Economic Report (ACJER) is the first major independent joint study of the economic relationship between Australia and China that is supported by both governments.
The study will examine the medium to long-term prospects for the economic relationship and follows the substantive conclusion of the China-Australia Free Trade Agreement and the changes in the strategic trade in resources between the two countries. The study was launched at The Fourth Global Think Tank Summit in Beijing on 27 June 2015, and will be released in July 2016.
The ACJER project is led by Professor Peter Drysdale of the East Asian Bureau of Economic Research (EABER) and Mr Zhang Xiaoqiang, Executive Director of the China Center for International Economic Exchanges (CCIEE).
Interested parties are invited to make submissions to inform the content of the ACJER. Submissions may be lodged electronically below. Please submit responses in Word document format. Make sure to indicate whether you wish any section of your submission to be confidential.
Further background on the ACJER can be found here
A selection of media articles about the ACJER can be found here.
General discussion questions for all submissions:
- What are the key issues in Australia-China economic relations?
- What are the common principles that should govern the relationship between Australia and China?
- How have your experiences (both positive and negative) shaped how you view bilateral economic relations between Australia and China?
- What would improve economic relations between Australia and China in the future?
Specific discussion questions to guide more detailed submissions:
- What kinds of bilateral protocols can be established that better capture the opportunities and better manage the difficulties in bilateral economic relations?
- What are the prospects for China’s economic reform agenda and how can Australia’s policy settings best deal with the adjustments it will entail?
- What Australian policy strategies would best complement China’s ‘new normal’ of slower growth that is based increasingly on consumption and services?
- What are the merits and limitations of the China-Australia Free Trade Agreement and how can it be effectively implemented in the context of the broader bilateral trade and investment relationship?
- What are the implications of Chinese financial market reform and capital account liberalisation for the world economy and for economic relations with Australia?
- What are the key opportunities in bilateral economic relations and how can Australia and China ensure they are realised?
- What are the major risks to economic relations and weaknesses in bilateral institutional settings?
- What are the common interests in and challenges for Australia and China in the development of regional economic cooperation though APEC, the East Asia Summit, the Asian Infrastructure Investment Bank, the One Belt One Road initiative, and regional arrangements such as the TPP and RCEP?
- How might Australia and China’s common interests in the entrenchment and development of global rules and norms, such as through the G20 process, the WTO and other multilateral institutions, be prosecuted most effectively?
- What examples and case studies are there on impressive successes or spectacular failures in bilateral economic relations?