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Chinese premier says China ready to share more development opportunities with Australia

China

China

China

Chinese premier says China ready to share more development opportunities with Australia

2024-10-11 20:26 Last Updated At:23:07

Chinese Premier Li Qiang said on Thursday that China is ready to share more development opportunities with Australia.

Li made the remarks during his meeting with Australian Prime Minister Anthony Albanese on the sidelines of the leaders' meetings on East Asia cooperation held in Vientiane, Laos.

China-Australia ties have recently been steadily advancing, with practical cooperation in various fields gradually progressing, and local as well as people-to-people exchanges becoming more active, said Li.

China is willing to work with Australia to boost mutual understanding, jointly create a more mature, stable, and fruitful China-Australia comprehensive strategic partnership, so as to deliver more benefits to the people of the two countries and make a bigger contribution to the regional and global peace and stability, Li said.

Li also said that China-Australia ties are mutually beneficial and win-win in nature, and China is willing to continue to strengthen exchanges on macroeconomic policies, and expand cooperation in trade and investment, green development, scientific and technological innovation and other fields, so as to add more impetus to the common development of the two countries.

China will further deepen reforms, promote high-quality opening-up, and continue to build a market-oriented, law-based and internationalized first-class business environment, said Li.

China welcomes more Australian enterprises to invest in China, and hope that Australia will provide a fair, safe, non-discriminatory and predictable business environment for Chinese enterprises to invest and operate in Australia, Li said.

The two sides should increase people-to-people exchanges and cement the foundation of the friendship between the two countries, said Li.

Noting that a peaceful, stable, and prosperous Asia-Pacific region meets common interests of China, Australia, and other countries in the region, Li said that China is willing to work with Australia to safeguard peace and stability in the Asia-Pacific region with concrete actions.

For his part, Albanese said that Australia and China enjoy a positive and stable development momentum of the bilateral ties and have conducted intensive dialogue in sectors such as foreign affairs and economy.

Australia is ready to increase dialogue and cooperation at the high level and at all sub-levels, conduct candid communication in a spirit of mutual respect, deepen cooperation such fields as economy and trade, green economy, clean energy, climate response, and people-to-people exchanges, and push for sustained and sound development of bilateral relations, Albanese said.

Albanese also said that Australia supports the one-China policy and stands ready to strengthen coordination with China in multiple fields and jointly safeguard the regional and global peace, stability, and prosperity.

Chinese premier says China ready to share more development opportunities with Australia

Chinese premier says China ready to share more development opportunities with Australia

More than 1,000 coal mines in China have adopted intelligent systems, as their application expands from pilot projects to large-scale deployment, the China National Coal Association said recently.

Statistics show that by the end of 2025, a total of 1,066 coal mines nationwide have introduced smart systems, with such technologies now supporting more than 65 percent of the country's coal production capacity. The number of autonomous mining trucks in operation surpassed 4,000 units, roughly doubling on an annual basis.

The rapid adoption of smart mining is driven by robust domestic capabilities in intelligent equipment and technology. In Beijing, a newly deployed underground Internet of Things (IoT) precision positioning and management system links workers, positioning cards and operating zones, while also enabling health monitoring. Its core technologies and components are fully domestically developed and have been applied in coal mines and coal preparation plants. "This underground positioning system we've developed has a positioning deviation of less than 20 centimeters when a person or device is stationary. Even when a person or device is moving at high speeds, the margin of error remains minimal. A single device can cover a radius of 800 meters," said Wu Fengdong, general manager of China Coal Beijing Coal Mining Machinery Co., Ltd., a subsidiary of the state-owned China National Coal Group Corporation.

Since the start of the 14th Five-Year Plan period (2021–2025), cumulative investment in smart mining has exceeded 107.1 billion yuan (about 15.6 billion U.S. dollars), with intelligent technologies now widely applied, accelerating the shift from traditional mining to modern, technology-driven extraction.

Over 60 pct of China's coal production capacity uses smart technology by end of 2025

Over 60 pct of China's coal production capacity uses smart technology by end of 2025

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