BEIJING / SYDNEY: On Tuesday( Nov. 7) in Beijing, Australian Prime Minister Anthony Albanese met with Chinese Premier Li Qiang in what Albane described as an annual leaders’ meeting that would continue as ties between the trading partners improved.
Following a diplomatic dispute that ended once-annual meetings of leaders, Albanese is in China for the first time in seven years by an American president.
Secure ties between China and Australia served each other’s interests, according to President Xi Jinping, and both countries should strengthen their cooperation as a sign that China is prepared to end its current hostilities.
In his opening remarks to Li at the Great Hall of the People, Albanese said,” The fact that these sessions are now going to continue is very important for our connections.”
Following Australia’s request for an international research into the causes of the COVID-19 pandemic in 2020, China has lifted business restrictions on the majority of Australian exports.
According to a transcript from Albanese’s office, they would talk about” the full resumption of free and unhindered trade between our two countries” as well as” ways to shape … a regional and global order that is peaceful, stable, and prosperous.”
We had most manage geostrategic competition thoroughly, through dialogue and understanding, he said.
According to Chinese customs data released on Tuesday, China’s October imports from Australia increased by 12 % from the previous year to reach US$ 11.96 billion. This was an improvement over the September increase of 4.9 %.
Foreign goods increased 8.4 % from January to October, reaching US$ 128.76 billion. Goods from Australia decreased 12.7 percent to US$ 142.1 billion next year.