SHANGHAI: On Sunday, November 5, Australian Prime Minister Anthony Albanese vowed to” job positively” with China in an effort to ease their tense relations.
On the first full day of a high-profile state visit to his nation’s largest trading partner, Albanese spoke at the opening of the China International Import Expo( CIIE ) in Shanghai.
The government I lead will continue to work effectively with China because productive economic engagement between nations helps to build relationships, according to Albanese in a conversation.
The prime minister may travel to China for four times, stopping in Shanghai and Beijing along the way.
The two nations are trying to patch things up after a political spat that affected billions of dollars in business, so this is the first time an American president has visited in seven times.
The management of Albanese has pushed up against Beijing’s expanding impact in the Pacific while pursuing more cordial ties with China.
The prime minister stated on Sunday that” Australia’s relationship with China is a crucial component of all of this ,” and that the development of the Asia Pacific region” is” the lens through which we see so much about the future.”
He praised Beijing and Canberra’s” adult relationship ,” which was” energised by the complementary character of our markets.”
Albanese will meet with Chinese leaders and” have an in-depth exchange of views on bilateral issues as well as on international and regional issues of common concern ,” according to China’s foreign ministry.
According to government official Wang Wenbin, a stable and healthy relationship between China and Australia is in the best interests of both nations and peoples.
The voice of the friendship has drastically changed from three years ago, when diplomatic relations were in a deep freeze.
After Canberra’s then-conservative government barred software large Huawei from 5G contracts and called for an investigation into the causes of COVID-19, China imposed punitive taxes on a range of American goods in 2020.
However, those tariffs have been reduced under Albanese’s progressive administration, and Beijing has also stated that it will do away with related restrictions on Australian wine.
TRADE FAIR MAJOR
Albanese was one of the few heads of state in attendance at the CIIE’s opening, which Beijing has hailed as a forum for global economic cooperation despite complaints from international business organizations that the deals it creates lack substance.
The fifth annual CIIE, which runs through Friday and is the first version of the good to take place since China relaxed tight pandemic travel restrictions, is expected to draw more than 3,400 exhibitors, according to organizers.
The US and Western chambers of commerce have issued a warning in recent months that businesses are increasingly looking to shift funding away from China as international business confidence in the world’s second-largest economy declines.
On Sunday, Premier Li Qiang informed fair attendees that China was dedicated to opening up and broadening the industry to foreign investors.
At the expo’s opening, Li stated that” China sincerely wishes to work with different countries to match each other way and make common achievements on a great stage of openness.”
However, Carlo D’Andrea, vice president of China’s European Union Chamber of Commerce, stated to reporters on Friday that” the CIIE is smoke and mirrors in its present form and has evolved into a political display deserving of distinction.”
He claimed that while tourists were primarily from government agencies rather than potential buyers, EU Chamber members had complained about operational challenges and high costs associated with attending the good.
According to study results released by the team on Friday, the proportion of EU Chamber people taking part in the CIIE has decreased from 42 percent to 32 percent since the first year of the good in 2018.