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Chinese premier calls on China, Australia to create stronger synergy for development

China

China

China

Chinese premier calls on China, Australia to create stronger synergy for development

2025-07-16 20:25 Last Updated At:22:37

Chinese Premier Li Qiang on Tuesday called on China and Australia to further strengthen cooperation, promote the liberalization and facilitation of trade and investment, and create a stronger synergy for development to address uncertainties effectively.

Li attended and addressed the 8th China-Australia CEO Roundtable Meeting, alongside visiting Australian Prime Minister Anthony Albanese, in Beijing.

Approximately 30 representatives from business councils and enterprises from both countries attended the roundtable.

Noting that this year marks the 10th anniversary of the China-Australia Free Trade Agreement, Li said over the past decade, China-Australia economic and trade cooperation has demonstrated considerable resilience and vitality.

The economic structures of the two countries are highly complementary, and the foundations for industrial and market integration are solid, making China and Australia natural partners, Li said.

Li said that China's vast market will continue to unleash immense consumption potential, creating more opportunities for enterprises from both countries.

He called on the two sides to strengthen collaboration in cutting-edge technologies such as artificial intelligence and life sciences to empower the industries of both countries.

By working together, enterprises from both countries can accelerate cooperation in clean energy, electric vehicles, and energy storage, ultimately building a world-class green industrial chain that is both resilient and competitive, he added.

Li emphasized that both the government and enterprises should collaborate to promote development more effectively. China will continue to advance high-level opening-up, treat domestic and foreign-funded enterprises equally, and legally protect the rights and interests of foreign companies and entrepreneurs in China, he said.

He expressed the hope that Australia would treat Chinese enterprises fairly, addressing issues regarding market access and investment reviews.

Li urged Chinese and Australian companies to maintain openness, embrace cooperation, and deepen their efforts to promote market integration and industrial collaboration.

When addressing the roundtable, Albanese stated that the current bilateral relations are steadily developing, with enthusiasm for cooperation growing among the business communities of both countries.

The Australian side is willing to enhance dialogue with the Chinese side, expand cooperation in various fields including trade, agriculture, industry, energy resources, and green development, address global challenges such as climate change, and uphold international equity and free trade.

Chinese premier calls on China, Australia to create stronger synergy for development

Chinese premier calls on China, Australia to create stronger synergy for development

Chinese premier calls on China, Australia to create stronger synergy for development

Chinese premier calls on China, Australia to create stronger synergy for development

Chinese premier calls on China, Australia to create stronger synergy for development

Chinese premier calls on China, Australia to create stronger synergy for development

President of the Republic of Korea (ROK) Lee Jae Myung has expressed his hope that his upcoming visit to China will help eliminate past misunderstandings and issues, underscoring the importance of ties between the two countries.

At the invitation of Chinese President Xi Jinping, Lee will pay a state visit to China from Jan 4 to 7. It will be Lee's first visit to China since he took office.

In an interview with China Media Group (CMG) in Seoul on Wednesday, Lee acknowledged the existing misunderstandings and issues between the two countries, noting that addressing these issues is a key goal of his visit.

"The current international landscape is turbulent, with escalating issues among various countries. In this context, the relationship between the Republic of Korea and China holds significant importance for us. the ROK and China are deeply interconnected in many areas, including history, economy, geopolitics, politics and security. Northeast Asia's peace, stability, mutual respect, and common prosperity are crucial for both countries," said Lee.

"Admittedly, there have been some misunderstandings and issues between the ROK and China, which have hindered the development of bilateral relations to some extent. Therefore, the purpose of my upcoming visit to China is to minimize or eliminate these past issues, foster a leap in our bilateral relations to a new level, and solidify the ROK and China as partners that mutually support each other's development," he said.

ROK President hopes to reduce misunderstandings with China during upcoming visit

ROK President hopes to reduce misunderstandings with China during upcoming visit

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