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Australian Treasurer Visits China To Strengthen Economic Relations

Piyush Goyal, India's Minister for Commerce and Industry speaks to media during a news conference at government House in Adelaide, Australia, Wednesday, Sept. 25, 2024. (Matt Turner/AAP Image via AP)

Treasurer Jim Chalmers is set to make history this week as the first Australian government minister in seven years to visit China in his key economic role. This move signifies a positive shift in the strained bilateral relations between the two countries.

Chalmers will embark on a two-day visit to Beijing starting Thursday, with the primary objective of co-chairing the Australia-China Strategic Economic Dialogue alongside He Lifeng, chair of China’s National Development and Reform Commission. The dialogue aims to foster discussions on enhancing trade and investment opportunities between Australia and China, as well as promoting collaboration between businesses from both nations.

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