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Saudi Gazette
a day ago
- Business
- Saudi Gazette
Albanese visits China to boost trade ties, lead major business delegation
BEIJING — Australian Prime Minister Anthony Albanese began a high-profile visit to China over the weekend, aiming to strengthen trade ties and deepen bilateral cooperation amid improving relations between the two countries. Albanese met on Sunday with Shanghai Party Secretary Chen Jining, marking the start of a series of senior-level meetings that will include talks with President Xi Jinping, Premier Li Qiang, and National People's Congress Chairman Zhao Leji. Leading what he described as 'a very large business delegation,' Albanese told China's CGTN upon arrival in Shanghai that the size of the delegation reflects the economic significance of the Australia-China partnership. During his weeklong visit, the prime minister is expected to engage with business, tourism, and sports leaders in Shanghai and Chengdu, culminating in a CEO roundtable in Beijing on Tuesday. Among the key developments, Albanese witnessed the signing of a tourism agreement between Chinese travel giant and Tourism Australia, designed to boost the number of Chinese visitors to Australia. This marks Albanese's second trip to China since taking office in 2022, and his first since his center-left Labor Party secured reelection with an increased majority in May. His government has worked to stabilize the Australia-China relationship, including persuading Beijing to lift a series of trade restrictions imposed during the previous conservative administration—barriers that had cost Australian exporters an estimated AU$20 billion ($13 billion) annually. China had suspended high-level contacts with the former government over issues such as Canberra's push for an independent inquiry into the origins of COVID-19. While Albanese maintains that his administration seeks to diversify trade and reduce Australia's dependence on China, he emphasized the value of stable relations. 'My government very much values our relationship with China,' Albanese said during his meeting with Chen. 'We deal with each other in a calm and consistent manner, and we want to continue to pursue our national interests, and it is in our interest to have good relations with China.' An editorial published Saturday by China's state-run Xinhua News Agency described the relationship as 'steadily improving' and driven by 'fresh momentum.' 'There are no fundamental conflicts of interest between China and Australia,' the editorial stated. 'By managing differences through mutual respect and focusing on shared interests, the two sides can achieve common prosperity and benefit.' — Agencies

The Hindu
2 days ago
- Business
- The Hindu
Australia PM Albanese kicks off China visit focused on trade
Australian Prime Minister Anthony Albanese kicked off a visit to China this weekend, meant to shore up trade relations between the two countries. Mr. Albanese met with Shanghai Party Secretary Chen Jining on Sunday (July 13, 2025), the first in a series of high-level exchanges that will include meetings with Chinese President Xi Jinping, Premier Li Qiang and Chairman Zhao Leji of the National People's Congress. Mr. Albanese is leading 'a very large business delegation' to China, which speaks to the importance of the economic relations between Australia and China, he told Chinese state broadcaster CGTN upon his arrival in Shanghai Saturday (July 12, 2025). During a weeklong trip, Mr. Albanese is set to meet business, tourism and sport representatives in Shanghai and Chengdu including a CEO roundtable Tuesday (July 15, 2025) in Beijing, his office said. It is Mr. Albanese's second visit to China since his centre-left Labour Party government was first elected in 2022. The party was reelected in May with an increased majority. Mr. Albanese has managed to persuade Beijing to remove a series of official and unofficial trade barriers introduced under the previous conservative government that cost Australian exporters more than 20 billion Australian dollars ($13 billion) a year. Beijing severed communications with the previous administration over issues including Australia's calls for an independent inquiry into the origins of and responses to COVID-19. But Mr. Albanese wants to reduce Australia's economic dependence on China, a free trade partner. 'My government has worked very hard to diversify trade … and to increase our relationships with other countries in the region, including India and Indonesia and the ASEAN countries,' Mr. Albanese said before his visit, referring to the 10-member Association of Southeast Asian Nations. 'But the relationship with China is an important one, as is our relationships when it comes to exports with the north Asian economies of South Korea and Japan,' he added. Chinese state-run Xinhua News Agency, in an editorial Sunday (July 13, 2025), described China's relationship with Australia as 'steadily improving' and undergoing 'fresh momentum.' 'There are no fundamental conflicts of interest between China and Australia,' the editorial stated. 'By managing differences through mutual respect and focusing on shared interests, the two sides can achieve common prosperity and benefit.'

2 days ago
- Business
Australia PM Albanese kicks off China visit focused on trade
BEIJING -- Australian Prime Minister Anthony Albanese kicked off a visit to China this weekend meant to shore up trade relations between the two countries. Albanese met with Shanghai Party Secretary Chen Jining on Sunday, the first in a series of high-level exchanges that will include meetings with Chinese President Xi Jinping, Premier Li Qiang and Chairman Zhao Leji of the National People's Congress. Albanese is leading 'a very large business delegation' to China, which speaks to the importance of the economic relations between Australia and China, he told Chinese state broadcaster CGTN upon his arrival in Shanghai Saturday. During a weeklong trip, Albanese is set to meet business, tourism and sport representatives in Shanghai and Chengdu including a CEO roundtable Tuesday in Beijing, his office said. It is Albanese's second visit to China since his center-left Labor Party government was first elected in 2022. The party was reelected in May with an increased majority. Albanese has managed to persuade Beijing to remove a series of official and unofficial trade barriers introduced under the previous conservative government that cost Australian exporters more than 20 billion Australian dollars ($13 billion) a year. Beijing severed communications with the previous administration over issues including Australia's calls for an independent inquiry into the origins of and responses to COVID-19. But Albanese wants to reduce Australia's economic dependence on China, a free trade partner. 'My government has worked very hard to diversify trade … and to increase our relationships with other countries in the region, including India and Indonesia and the ASEAN countries,' Albanese said before his visit, referring to the 10-member Association of Southeast Asian Nations. 'But the relationship with China is an important one, as is our relationships when it comes to exports with the north Asian economies of South Korea and Japan,' he added. Chinese state-run Xinhua News Agency, in an editorial Sunday, described China's relationship with Australia as 'steadily improving' and undergoing 'fresh momentum.' 'There are no fundamental conflicts of interest between China and Australia,' the editorial stated. 'By managing differences through mutual respect and focusing on shared interests, the two sides can achieve common prosperity and benefit.'


RTHK
2 days ago
- Business
- RTHK
Albanese meets Shanghai party boss
Albanese meets Shanghai party boss Anthony Albanese, left, and Chen Jining meet in Shanghai. Photo: Reuters Australian Prime Minister Anthony Albanese on Sunday met with Shanghai Party Secretary Chen Jining, the first in a series of high-level exchanges during his week-long China visit. Chen said China and Australia are important partners, and Shanghai is willing to play a bigger role in boosting further cooperation between the two countries. Albanese, for his part, said he's happy to visit Shanghai and attaches great importance to relations with China. The Australian leader is leading 'a very large business delegation' to China, which speaks to the importance of the economic relations between the two countries, he told CGTN upon his arrival in Shanghai on Saturday. During the trip to China, he's expected to meet President Xi Jinping, Premier Li Qiang and National People's Congress chairman Zhao Leji. Albanese will also meet business, tourism and sport representatives in Shanghai and Chengdu, and attend a CEO roundtable on Tuesday in Beijing, his office said. It is his second visit to China since his centre-left Labor Party government was first elected in 2022. The party was re-elected in May with an increased majority. In an editorial on Sunday, Xinhua News Agency described China's relationship with Australia as 'steadily improving' and undergoing 'fresh momentum'. 'There are no fundamental conflicts of interest between China and Australia,' the editorial stated. 'By managing differences through mutual respect and focusing on shared interests, the two sides can achieve common prosperity and benefit.' (Additional reporting by AP)


Arab Times
2 days ago
- Business
- Arab Times
Australia PM kicks off China visit focused on trade
BEIJING, July 13, (AP): Australian Prime Minister Anthony Albanese kicked off a visit to China this weekend meant to shore up trade relations between the two countries. Albanese met with Shanghai Party Secretary Chen Jining on Sunday, the first in a series of high-level exchanges that will include meetings with Chinese President Xi Jinping, Premier Li Qiang and Chairman Zhao Leji of the National People's Congress. Albanese is leading "a very large business delegation' to China, which speaks to the importance of the economic relations between Australia and China, he told Chinese state broadcaster CGTN upon his arrival in Shanghai Saturday. During a weeklong trip, Albanese is set to meet business, tourism and sport representatives in Shanghai and Chengdu including a CEO roundtable Tuesday in Beijing, his office said. It is Albanese's second visit to China since his center-left Labor Party government was first elected in 2022. The party was reelected in May with an increased majority. Albanese has managed to persuade Beijing to remove a series of official and unofficial trade barriers introduced under the previous conservative government that cost Australian exporters more than 20 billion Australian dollars ($13 billion) a year. Beijing severed communications with the previous administration over issues including Australia's calls for an independent inquiry into the origins of and responses to COVID-19. But Albanese wants to reduce Australia's economic dependence on China, a free trade partner. "My government has worked very hard to diversify trade … and to increase our relationships with other countries in the region, including India and Indonesia and the ASEAN countries,' Albanese said before his visit, referring to the 10-member Association of Southeast Asian Nations. "But the relationship with China is an important one, as is our relationships when it comes to exports with the north Asian economies of South Korea and Japan,' he added. Chinese state-run Xinhua News Agency, in an editorial Sunday, described China's relationship with Australia as "steadily improving' and undergoing "fresh momentum.' "There are no fundamental conflicts of interest between China and Australia,' the editorial stated. "By managing differences through mutual respect and focusing on shared interests, the two sides can achieve common prosperity and benefit.'