Chinese Premier Li Keqiang made a significant visit to Australia, marking the first visit by a Chinese premier to the major trading partner in seven years. Upon his arrival, Li expressed that relations between the two countries were “back on track.” He emphasized Australia’s unique position in connecting the West and the East, stating that the country stands as an important force of economic globalization and world multipolarity. The visit is seen as a crucial step in strengthening the bilateral relationship between China and Australia.
During his visit, Li mentioned that bilateral relations between China and Australia have had their share of challenges but are now back on track after facing “twists and turns.” Australia plays a crucial role as the biggest supplier of iron ore to China, and the country has been a significant investor in Australian mining projects. However, there have been instances where Chinese investments in critical minerals were blocked by Australia on national interest grounds. Despite these challenges, both countries have managed to navigate through the issues.
In 2020, China imposed trade restrictions on various Australian agricultural and mineral products during a diplomatic dispute. However, these restrictions have now largely eased, paving the way for smoother trade relations. Li’s visit includes meetings in Adelaide, Canberra, and Western Australia, where he will discuss the importance of maintaining a mature, stable, and fruitful comprehensive strategic partnership between the two countries. This partnership is seen as a treasure that is shared by the people of both nations and contributes to economic prosperity.
As part of his visit, Li is expected to visit a pair of pandas on loan from China to Adelaide’s zoo, showcasing the cultural exchange between the two nations. Additionally, a lunch with wine exporters, who were previously shut out of the Chinese market, signifies the progress made in trade ties after the recent dispute. With Li’s visit to both Australia and New Zealand, there is a strong emphasis on strengthening trade relations and addressing key issues such as climate change, human rights, and foreign interference. These discussions are essential for maintaining a balance between trade interests and regional security concerns amidst China’s growing influence in the Pacific Islands.
Premier Li Keqiang’s visit to Australia underscores the importance of strengthening relations between the two countries. Despite challenges in the past, both China and Australia are committed to enhancing economic cooperation and fostering a mutually beneficial partnership. The visit signifies a positive step towards resolving trade disputes, promoting cultural exchanges, and addressing key issues that impact the future trajectory of the bilateral relationship.