China and Australia Strengthen Ties Amid Global Uncertainty
Amid rising instability and uncertainty in the global economy, China and Australia are taking steps to deepen their bilateral cooperation. On Monday, Chinese Premier Li Qiang met with Australian Prime Minister Anthony Albanese in Beijing to discuss ways to enhance their partnership.
“All countries are facing new challenges in their development,” Premier Li stated. “In this context, the significance of strengthening exchanges and cooperation between China and Australia has become more prominent.”
Li emphasized the strong complementarity of the Chinese and Australian economies, highlighting opportunities in areas such as energy resources, agricultural products, green development, and technological innovation. “China is willing to fully utilize various dialogue mechanisms with Australia,” he said, aiming to explore shared interests and new drivers of economic growth.
The Chinese premier also expressed hope that Australia would provide a fair, open, and non-discriminatory business environment for Chinese enterprises operating in the country. He underscored China’s commitment to supporting exchanges in culture, education, tourism, and regional collaboration, facilitating greater people-to-people interactions.
Prime Minister Albanese acknowledged the positive momentum in Australia-China relations. “Australia places great importance on fostering a stable and constructive bilateral relationship with China,” he said. Reaffirming Australia’s adherence to the one-China policy and opposition to “Taiwan independence,” Albanese emphasized that differences should not define the bilateral relationship.
“Our economies are highly complementary,” Albanese noted. “Australia looks forward to deepening mutually beneficial cooperation in trade, agriculture, tourism, and culture.” He also expressed a desire to enhance exchanges in education, civil society, and youth sectors.
Albanese assured that Australia is willing to provide a stable and predictable environment for Chinese enterprises to invest and operate. “We welcome more Chinese students and tourists to visit,” he added.
Both leaders stressed the importance of multilateralism and free trade. They agreed to work together to address global challenges such as climate change and to safeguard the multilateral trading system with the World Trade Organization at its core.
Earlier, at the 8th China-Australia CEO Roundtable, Premier Li described China and Australia as “natural partners,” citing their complementary economic structures and strong foundations for industrial and market integration. He called for collaboration in cutting-edge fields like artificial intelligence and life sciences to “better empower industries in both countries.”
Prime Minister Albanese echoed these sentiments, acknowledging the enthusiasm for cooperation among the business communities of both nations. “Bilateral relations are steadily developing,” he said.
