Chinese Ambassador to Australia_ Working together is in the common interest of both countries

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Sydney, March 11 (Reporters Liang Youchang and Wang Qi) Chinese Ambassador to Australia Xiao Qian said on the 11th that the current world’s major changes unseen in a century are accelerating and many challenges are emerging one after another. China-Australia cooperation is not only in line with the common interests of the two countries, but also conducive to peace, stability and prosperity in the region and even the world.

Xiao Qian delivered a speech when attending the 2024 Australia Financial Review Business Summit in Sydney that day, saying that China and Australia are both important countries in the Asia-Pacific region. The economic structures of the two countries are highly complementary and pragmatic cooperation is mutually beneficial and win-win. To achieve this goal, it is crucial to establish a correct understanding of each other, deepen practical cooperation, and properly handle differences.

Xiao Qian said that this year marks the 10th anniversary of the establishment of a comprehensive strategic partnership between China and Australia. The so-called comprehensive means that China-Australia relations are not just cooperation in the economic and trade fields, but cooperation in any potential field and level. The so-called strategy means that the importance of bilateral relations transcends bilateral relations and has regional and even global significance. The so-called partner means that China and Australia should become mutually trusting friends rather than enemies, partners rather than opponents.

Xiao Qian said that practical cooperation between China and Australia is very important to both countries. The two sides should continue to consolidate and deepen cooperation in traditional fields such as energy, mining, agriculture, education, and tourism, and expand cooperation in emerging fields such as climate change, electric vehicles, artificial intelligence, health industry, green economy, digital economy, and technological innovation. These will help China and Australia open a new chapter of broader and mutually beneficial cooperation on the basis of continuously consolidating cooperation in existing fields.

Xiao Qian pointed out that both sides should focus on the overall situation, focus on consensus, respect each other’s core interests and major concerns, and manage differences in a proper, mature and intelligent way through friendly communication and consultation.

The 2024 Australia Financial Review Business Summit will be held in Sydney from March 11 to 12. Government officials such as Australia Foreign Minister Wong Ying-hsien, Treasury Secretary Chalmers, as well as opposition leader Dutton, local business executives, experts and scholars attended the meeting to analyze and study the international situation, focus on Australia’s future development, and explore cooperative measures to respond to challenges.