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Li Keqiang Meets with Prime Minister Tony Abbott of Australia, Stressing to Promote the China-Australia Trade and Investment Cooperation for New Breakthroughs

2014/11/10

In the morning of November 10, 2014, Premier Li Keqiang met with Prime Minister Tony Abbott of Australia at the Great Hall of the People.

Li Keqiang said that China and Australia are important forces in promoting peace, stability and development in the Asia-Pacific region and the comprehensive and strategic nature of the bilateral cooperation has become increasingly prominent. President Xi Jinping is about to go to Australia to attend the G20 Summit and pay a state visit. Since the annual meeting between the Premier and the Prime Minister in April this year, both sides have maintained a good momentum for cooperation in various fields. The Chinese side is willing to work with the Australian side to seize the opportunity, enhance cooperation and push the bilateral relations to a new level.

Li Keqiang pointed out that in the next phase, it is hoped that both sides make joint efforts to accelerate the negotiation process on China-Australia free trade agreement (FTA), to create an upgraded version of bilateral economic and trade cooperation, and to further expand two-way investment, not only telling a good story of China-Australia cooperation, but also making the two peoples truly benefit from it. Both sides should deepen cooperation in infrastructure. The Chinese side supports its domestic competitive enterprises to actively participate in the railway, highway, airport and other infrastructure construction and upgrading and renovation projects in Australia. China will join hands with Australia to promote regional connectivity construction and to facilitate regional economic cooperation, so as to achieve common development and prosperity. The two sides should enhance all-round cooperation in the production, processing, storage and logistics of farm and pasture products so that the “Dining Economy” could become a new highlight in the China-Australia mutually beneficial cooperation.

Abbott said that China is an important and close cooperative partner of Australia, and the cooperation between the two countries is fruitful. China’s development has benefited the whole world. The Australian side is looking forward to President Xi Jinping’s visit to Australia, and is willing to reach the FTA with China at an early date, so as to promote Australia-China cooperation in fields such as economy, investment, agriculture to a higher level and facilitate the development of the bilateral relations and regional economic integration. Australia welcomes Chinese enterprises to expand investment in Australia and will provide fair environment and convenience in this regard.

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