The forum hopes to expand bilateral trade & contributing to development of Sino-Australian relations

On March 24, China-Australia Economic and Trade Cooperation Forum, jointly hosted by CCPIT and Australia China Business Council (ACBC) was held in Sydney. Chinese Premier Li Keqiang and Australian Prime Minister Malcolm Turnbull attended the forum and  delivered keynote speeches. Also in attendance were CCPIT Chairman Jiang Zengwei, ACBC President John Brumby and Gladys Berejiklian, Premier of New South Wales.

Jiang Zengwei said, Sino-Australian economic and trade cooperation has developed by leaps and bounds since the two countries established diplomatic ties 45 years ago. Following the China Australia Free Trade Agreement that came into force in December, 2015, the bilateral economic and trade cooperation has been expanded and deepened. Business circles of both sides bear strong will in enhancing mutually beneficial cooperation, in the hopes of expanding bilateral trade and contributing to continuous development of Sino-Australian friendly relations.

Turnbull highlighted that China has huge market demands for the abundant natural resources from Australia and the two countries are complementary with each other in economy. The development path of both sides indicates that nothing but opening up, cooperation and free trade can promote bilateral ties, economic and trade development and benefit both peoples.

About 500 business delegates from China and Australia attended this forum. The major two topics for discussion were how to create new opportunities with technology, innovation and commercialization and what are the new highlights in bilateral trade and investment under the background of consumption-based economic globalization.

Source: CCPIT

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