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  • 2 years ago
David Olsson of the Australia China Business Council held a roundtable discussion with China’s Foreign Minister Wang Yi and business leaders. Olsson outlined to CGTN some of the key messages Wang gave the group, saying it was a comprehensive overview of China’s economic plans that focus on foreign investment and decarbonization. Olsson also said he hoped stronger business links would improve political relations.

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00:00 Wang Yi did provide us with a very comprehensive overview of the developments taking place
00:05 in China at the moment. He spoke about economic growth potential. He spoke about a number
00:11 of the very strong policy that are being put in place about the fact that China continues
00:16 to welcome foreign investment. He spoke extensively about China's decarbonisation strategies,
00:23 its move to a low economy, green economy, and what the implications for that might be.
00:29 So all of these put together gave us further insights into where China's economy was going.
00:35 Well, we've had a period of about four or five years where the relations have been strained.
00:40 There have been a number of trade barriers implemented by China, particularly in relation
00:45 to new tariffs that have been implemented on a number of our goods, very exceptionally
00:49 high tariffs. The voice of business has been very important in bringing the governments
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