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Published: 20:36, June 02, 2022 | Updated: 23:22, June 02, 2022
China-Australia trade saw stable growth in 2021, MOC says
By Xinhua
Published:20:36, June 02, 2022 Updated:23:22, June 02, 2022 By Xinhua

This undated photo shows Gao Feng, a spokesman with the Ministry of Commerce. (PHOTO / MOC)

BEIJING - Economic and trade cooperation between China and Australia saw stable development in 2021, with China remaining Australia's largest trading partner in goods, the Ministry of Commerce said on Thursday.

Bilateral trade amounted to approximately $231.2 billion last year, a rise of 35.1 percent year-on-year, according to ministry spokesperson Gao Feng.

China's imports from Australia reached $164.82 billion in 2021, jumping 40.6 percent from a year ago, Ministry of Commerce spokesperson Gao Feng said

China's imports from Australia reached $164.82 billion in 2021, jumping 40.6 percent from a year ago, Gao said.

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Noting that this year marks the 50th anniversary of the establishment of diplomatic relations between China and Australia, Gao said that economic and trade cooperation has been one of the most active and vibrant driving forces promoting bilateral relations over the past 50 years.

"The sound and stable development of China-Australia relations serves the fundamental interests and common aspirations of the two peoples, and contributes to the peace, stability and prosperity of the Asia-Pacific region," Gao said.

The spokesperson expressed the hope that the new Australian government will face up to cruxes in bilateral relations, treat China and its development in an objective and rational way, and make more efforts to increase mutual trust and cooperation to create favorable conditions for the healthy development of bilateral economic and trade relations.

READ MORE: China urges Australia to create conditions for cooperation

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