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Queensland is located in the northeast corner of the Australian continent and comprises approximately 22.5 per cent of the Australian land mass (refer to Figure 6). Queensland covers an area which is more than seven times the size of the United Kingdom, 4.5 times the size of Japan and 2.5 times the size of Texas, USA. 

4.8 million people – roughly 20 per cent of Australia’s estimated population of 24.6 million – reside in Queensland. Of these, two-thirds of Queensland’s residents are located in the southeast corner of the state and enjoy a subtropical climate whilst northern cities, such as Cairns and Townsville, enjoy a tropical climate. The state is rich with indigenous culture: of the almost 550,000 Australians with an Aboriginal or Torres Strait Islander background, 28.4 per cent live in Queensland. The people of Queensland enjoy an outdoor lifestyle with world class beaches and waterways, national parks, rainforests and tropical reefs. The pleasant climate (average summer temperatures of 25 degrees Celsius, average winter temperatures of 15 degrees Celsius) means that Queenslanders enjoy more winter sunshine and warmth than most other Australian states.
Queensland is continually growing and is home to three out of Australia’s ten most populated cities. It also contains one third of all Australian cities that have a population of under 50,000. 

Queensland is a leading state economy and has driven Australia’s economic growth for more than 20 years through its mining, agricultural and tourism industries, and more recently, its knowledge-based economy.

Queensland will continue to strengthen, with economic growth forecast to reach to 4.5 per cent in 2016-17, stronger than all other states. Over the past two decades, Queensland's economy has recorded the second highest average growth rate in the country, averaging 4.5 per cent growth per year during this time.

Queensland is Australia's second largest and fastest growing exporter, with AU$48 billion of international merchandise exports in 2014-15. Eight of the top ten international destinations for Queensland's exports were Asian countries in 2014-15, with China, Japan and the Republic of Korea the largest export destinations.

The Queensland life sciences industry employs more than 14,000 people, invests AU$650 million in research and development, and has an estimated combined annual income of AU$4.4 billion. Successive State Governments have recognised that the life sciences industry is central to building a strong and diverse economy for Queensland. The State Government has invested AU$4.9 billion to date to boost Queensland's research, development and innovation, to drive Queensland's economy and establish world-class research clusters throughout the State.

The World Bank has recognised Queensland as a global innovation hotspot, with the State's investment in high-end research capacity attracting the world's elite scientists and researchers.

Many of Queensland’s innovative contributions have had significant impacts not only in Australia but the rest of the world. Queensland is home to the cervical cancer vaccine  - Gardasil - developed by Professor Ian Frazer AC, and the Nanopatch needle-free vaccine delivery device, developed by Professor Mark Kendall. A number of high-profile companies in the medical technology sector, in vitro diagnostics (IVD) sectors, and natural health, nutraceutical and complementary medicine space call Queensland home.