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Australian PM says dialogue with China matters for Australian economy, regional security

Global Times

By Global Times Published: Jul 18, 2025 09:01 AM Updated: Jul 18, 2025 09:41 AM

"Dialogue with China matters. For jobs, our economy and the security of our region," visiting Australian Prime Minister Anthony Albanese said in a post on X platform on Friday.

"One in four Australian jobs depends upon our trade and the most important trading partner is China. We have worked very hard to stabilize the relationship that brought benefits with over $20 billion of trade resuming. We signed agreements for further two way trade and in addition to that, we agreed on the promotion of two way tourism as well," Albanese said in a video attached with the post.

Albanese's China trip, which began Saturday and ends on Friday, is extraordinarily long compared with Australian state visits over the past decade and marks a normalization of bilateral relations that plumbed new depths under the previous Australian government's nine-year reign, AP reported on Thursday.

According to an official statement published on Australian government website on Friday, Albanese's visit was an opportunity to continue advancing Australia's security and economic interests. Wise management of this relationship is crucial for Australia's future prosperity and for the security of our nation and the stability of our region.

"Australia's approach to our relationship with China remains patient, calibrated and deliberate. Dialogue is central to a stable and constructive relationship," the statement said.

During Albanese's visit, China and Australia signed a memorandum of understanding (MoU) on the implementation and review of China-Australia Free Trade Agreement on Tuesday, according to the Chinese Ministry of Commerce (MOFCOM), Xinhua reported.

As 2025 marks the 10th anniversary of the agreement, the two countries will maintain close cooperation, continue high-quality implementation of the agreement, and jointly conduct a review to identify areas for further improvement or expansion, the MOFCOM said.