BEIJING, July 15 -- Chinese President Xi Jinping met with Australian Prime Minister Anthony Albanese in Beijing on Tuesday.

Xi once again congratulated Albanese on his re-election. He said that with the joint efforts of both sides, China-Australia relations have emerged from their low point and achieved a turnaround in recent years, bringing tangible benefits to the people of both countries.

The most important insight this gives us is that treating each other as equals, seeking common ground while shelving differences, and engaging in mutually beneficial cooperation serve the fundamental interests of both China and Australia and the two peoples, Xi said.

Noting that the China-Australia comprehensive strategic partnership has entered its second decade, Xi said China stands ready to work with Australia to further advance their relations for sound development to bring greater benefits to the two peoples.

Noting that China and Australia should continuously enhance strategic mutual trust, Xi affirmed China's unwavering commitment to peaceful development, dedication to shared progress, and its policy of advancing Asia-Pacific cooperation.

China advocates for solidarity and cooperation among nations, accelerating the building of the Free Trade Area of the Asia-Pacific (FTAAP), promoting trade and investment liberalization and facilitation, and fostering regional peace, development and prosperity, Xi said, calling on both sides to maintain correct perceptions of each other to consolidate the foundation of mutual trust.

Xi also called on the two countries to deepen and expand their mutually beneficial cooperation, noting that China has been Australia's largest trading partner for 16 consecutive years and trade with China has brought tangible benefits to Australia.

The two countries should synergize development strategies, cultivate a favorable business environment for enterprises, create more shared interests and new avenues for cooperation, all while steadily enhancing the scope and quality of cooperation, he said.

Stressing the importance of cultivating people-to-people ties, Xi said China welcomes Australians from all walks of life to visit the country and stands ready to invite more Australian youth for exchange programs.

He called on both sides to jointly address risks and challenges, uphold international fairness and justice, safeguard multilateralism and free trade, and defend the international system with the United Nations at its core and the international order based on international law.

Albanese said that Australia values its relations with China and looks forward to working with the Chinese side to treat each other as equals, seek common ground while shelving differences, and engage in mutually beneficial cooperation to advance bilateral ties.

Noting that Australia adheres to the one-China policy and does not support "Taiwan independence," he said Australia stands ready to maintain dialogue and exchanges with China at all levels to enhance mutual trust.

Albanese said China's development is vital to Australia, and Australia has never sought to decouple from the Chinese economy. He added that Australia remains committed to advancing practical cooperation in green industries, climate change response, and medical technology for mutual benefit, while also strengthening people-to-people exchanges in tourism, education and sports to deepen mutual understanding.

Australia will work with China to uphold multilateralism, jointly safeguard free trade and WTO rules, and provide greater stability and certainty for the international community, he said, adding that Australia supports China in hosting the APEC Economic Leaders' Meeting in 2026.