Premier of China's visit to Australia

Chinese Premier Li Keqiang will talk trade and also attend a footy game

Chinese Premier Li Keqiang will talk trade and also attend a footy game

China expects positive moves to signing up Australia for its New Silk Road initiative when Premier Li Keqiang visits this week, but two sources familiar with the issues said the Australian government is likely to bide its time before committing.

After having talks with Prime Minister Malcom Turnbull in Australia, the Chinese premier will travel to New Zealand along with his wife, Professor Cheng Hong. Two-way trade reached a new all-time high of NZ$23 billion in 2016.

In January, Chinese President Xi Jinping, as a keynote speaker at the World Economic Forum in Davos, Switzerland, offered a vigorous defence of globalisation and signalled Beijing's desire to play a bigger role on the world stage.

He is an economist and is in charge of the country's economic policy.

Both New Zealand and Australia is encouraging China and other major Asian economies to join the trade treaty after Trump ended United States involvement.

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China firmly promotes trade liberalisation and investment by safeguarding multilateral trade as a main channel for economic growth and by building an open and transparent regional free trade framework, Premier Li Keqiang said on Monday.

Asked about Bishop's comments, Zheng said the two countries have had a successful relationship over the past 45 years because they both respected each other's societal and historical differences.

China is New Zealand's second-largest trading partner.

"In the future we hope friends in various fields in Australia can uphold this spirit, abandon "you win, I lose" and ideological prejudices", he said.

The previous Premier, Wen Jiabao, made at least one visit a year from 2000 to 2006, while Mr Xi's predecessor Hu Jintao visited in 1999 and 2003.

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