Australia news live: Penny Wong warns Middle East ceasefire is ‘fragile’; Albanese heads to Singapore after Brunei talks

The prime minister will hold talks with his opposite number to shore fuel supplies Get our breaking news email , free app or daily news podcast Li Qiang noted that China-Australia economic and trade cooperation has strong internal momentum and still holds great potential in the long run. Beijing will adhere to expanding domestic demand as a strategic priority, vigorously boost consumption, promote a marked increase in the household consumption rate, and continuously unleash market demand, he said. Both sides should accelerate the review and upgrade discussions of the bilateral free trade agreement to provide stronger institutional support for cooperation. The statement said: There is great potential for China-Australia green cooperation, and China is willing to leverage complementary advantages with Australia to deepen cooperation in such areas as clean energy, electric vehicles, energy storage and carbon reduction, jointly building stronger momentum for the development of the green economy, he added.

For his part, Albanese said the Australian government has always been committed to developing a stable, mature and constructive relationship with China. Under the current international circumstances, the steady development of Australia-China relations is particularly important. Australia has long adhered to the one-China policy and is willing to strengthen high-level exchanges with China, expand cooperation in trade, investment, mining, clean energy and people-to-people exchanges, properly manage differences in the spirit of mutual respect, and advance the Australia-China comprehensive strategic partnership. Continue reading...