The China-Australia Annual Leaders' Meeting concluded on a positive note on Monday, with both the Chinese premier and the Australian prime minister reaffirming their commitment to the Comprehensive Strategic Partnership. This partnership has been a cornerstone of bilateral relations, fostering cooperation in various sectors.
In 2023, trade in goods between the two nations saw a significant increase of 4.1% compared to the previous year. This growth underscores the strengthening economic ties and the mutual benefits derived from the partnership.
According to the China Chamber of International Commerce, China has maintained its position as Australia's largest trading partner for the 15th consecutive year. This long-standing relationship highlights the deep economic interdependence and the prospects for continued collaboration in the future.
Reference(s):
cgtn.com
