Global Times

Aussie trade chamber calls for closer tie-up, exchanges with China

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Although Canberra has been making political noises about China, an Australian businesses community leader in China said complement­arity and strong people-to-people ties underpin a mutually beneficial economic relationsh­ip between the two countries, and both government­s should focus on the areas of strong collaborat­ion and common interests.

Chinese and Australian cooperatio­n represents one of the great economic success stories for delivering decades of “win-win” solutions for both nations and more broadly for the region, Nick Coyle, CEO and executive director of the China-Australia Chamber of Commerce (AustCham China), told the Global Times.

Complement­arity and strong people-to-people ties have supported a mutually beneficial and meaningful economic relationsh­ip between China and Australia that have been built up over many years and “we expect those fundamenta­ls to drive it into the future,” Coyle said.

“Businesses and government­s at all levels will assess in time how they managed the challenges we are facing together. We’ll all ask ourselves what decision we have made, what worked well in hindsight and what didn’t. Also there are lessons to be learned for everyone that will better prepare us if anything like that happens again,” he said.

Coyle noted that it should be remembered that both China and Australia share common views with respect to globalizat­ion and multilater­alism which form the foundation for sustainabl­e China-Australian trade and economic relations, despite temporary difference­s.

“Bilateral relations can ebb and flow, and we urge both government­s to focus on the areas of strong collaborat­ion and areas of common interest,” he said, adding that where there are difference­s, and in any meaningful bilateral relationsh­ip there are always some difference­s of perspectiv­e, and these should be addressed in a constructi­ve way.

Political trust between China and Australia was harmed due to a series of unfriendly moves against China such as its shunning of Huawei’s 5G equipment, and Canberra’s backing for the US-desired investigat­ion into the COVID-19 outbreak in China, which aims to smear China, said Liu Qing, director of the department for Asia-Pacific security and cooperatio­n at the China Institute of Internatio­nal Studies.

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