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Economy

Premier Li says confident for China-Australia relations prospect

April 15, 2016


Abstract : Chinese Premier Li Keqiang voiced confidence for the prospects for the China-Australia relations in the fourth annual talks between the two countries' prime ministers.

BEIJING, April 14 (Xinhua) -- Chinese Premier Li Keqiang voiced confidence for the prospects for the China-Australia relations in the fourth annual talks between the two countries' prime ministers.

The meeting, on Thursday afternoon at the Great Hall of the People, was co-chaired by Australian Prime Minister Malcolm Turnbull, who is paying his first official visit toChinasince taking office in September 2015, with a large business delegation.

Calling Australia an important cooperation partner, Li said China was ready to strengthen mutual trust with Australia, synchronize development strategies, expand cooperation, and properly handle disputes on the principle of mutual respect, equality and reciprocity, so as to push forward a sustained and stable development of the bilateral relations.

Li briefed Turnbull onChina's structural reform, mass entrepreneurship and innovation, which will be new opportunities for cooperation.

He urged both sides to strengthen synchronization of development strategies, give further play to a joint committee on technological cooperation, and promote joint research and development in areas including food, agriculture, mining and maritime science.

Li welcomedAustraliato establish an overseas innovation base inShanghai, and voiced support for the two countries to jointly establish innovation parks and technology transfer centers to promote cooperation between firms, universities and research institutes.

Shanghaiis also the first stop of Turnbull's visit from Thursday to Friday.

Li saidChinawas willing to conduct production capacity cooperation withAustraliain infrastructure construction and equipment manufacturing, while seeking opportunities in new energy, new-type urbanization, environmental protection and transnational e-commerce.

He also urged the two countries to strengthen cooperation in overseas studying, tourism, judiciary, law enforcement and defense, deepen friendly exchanges between localities, and maintain close communication and coordination under regional and international mechanisms to promote the peace, stability and common development in the region and the world.

Turnbull saidChinais an important trading partner ofAustraliaand he was optimistic withChina's economic development potential.

He saidAustraliawill adapt toChina's economic structural reform and make use of the opportunities brought by it, strengthen cooperation in e-commerce, agriculture, animal husbandry and technology, and jointly promote the peace, stability and economic growth in the region and the world.

The two sides also discussed international and regional issues of common concern.

After the talks, the two prime ministers witnessed the signing of five cooperation deals between the two countries in areas such as technological innovation, tourism, industrial parks and mining.  Enditem

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