Premier Li Keqiang and Australian Prime Minister Malcolm Turnbull jointly attended China-Australia Industry and Commerce CEO Roundtable Meeting in Sydney on the afternoon of March 24.
After listening to the speeches by delegates from both sides, Li Keqiang said the China-Australia Industry and Commerce CEO Roundtable Meeting is an exchange platform for commerce and industry of both sides and a major channel to connect industry and commerce with governments of both sides. In recent ten years, China-Australia trade has seen an annual growth of 9%, exceeding their economic growth. It has been proved by practice that to eliminate trade barriers and promote wider bilateral opening is conducive to economic growth and improvement of people’s life. We would like to join efforts with all sides including Australia to uphold trade liberalization and promote more fair, transparent and sustainable development of international trade.
Li Keqiang said the two governments should create better environment for trade and investment and expand two-way opening up in areas such as service and investment. Chinese enterprises would like to engage in Australian infrastructure construction, expand investment in Australia and we also welcome Australian to invest in China. We hope to strive for the same goal with Australia to achieve mutually beneficial results.
Turnbull said the world is in profound changes at present and free trade could not only boost commodity and capital flow, but also enhance scientific and cultural exchanges. Australia and China are facing new opportunities for trade and economic cooperation. To benefit from open market and global trade, the two sides should actively expand free trade, encourage small enterprises to engage in it, and create new jobs through innovation and investment, so as to promote economic growth and bring benefit to people of both sides.
More than one hundred people from commerce and industry of both sides attend the roundtable meeting. The China-Australia Industry and Commerce CEO Roundtable Meeting was jointly held by China’s Ministry of Commerce and Australia’s Ministry of Foreign Affairs and Trade.