China, Australia to Boost Free Trade

February 7, Canberra: Chinese Foreign Minister Wang Yi shakes hands with his Australian counterpart Julie Bishop before the two countries’ 4th round of diplomatic and strategic dialogue.

After his meeting with Bishop, Wang told reporters that the two sides have agreed to boost free trade and make bilateral trade more diversified and sustainable. This year marks the 45th anniversary of the establishment of diplomatic relations between China and Australia. Lauding the China-Australia free trade agreement signed a year ago, Wang remarked that China expects joint efforts with Australia to prepare for high-level exchange and vowed to take a “firm stand” against protectionism.

Australia is committed to ensuring that free trade with China continues to expand, Bishop added. “At a time of economic transition and uncertainty around the world, Australia is reassuring China that we are a reliable partner and that we will continue to place strong trade and economic relationships as our highest priorities.”