PERTH – Chinese Premier Li Qiang said on Tuesday that China and Australia benefit from each other's development and are a close community of shared interests.

He made the remarks while attending the 7th China-Australia CEO Roundtable with Australian Prime Minister Anthony Albanese.

Around 30 representatives of business councils and enterprises from the two countries attended the meeting.

READ MORE: Li: China to include Australia in visa waiver list

After listening to the remarks of representatives from the industrial and commercial circles of both countries, Li said China-Australia relations are showing a positive momentum of steady improvement at present.

He said that looking back at the 52 years since the establishment of diplomatic ties between the two countries, it is clear that as long as both sides respect each other's national conditions and core interests, they would continuously strengthen the foundation of mutual trust.

Li said China-Australia economic and trade cooperation should be placed in the context of the comprehensive strategic partnership between the two countries

As long as the two sides stick to frank dialogue, tolerance and mutual understanding, they can properly manage their differences, and as long as the two uphold the spirit of openness, cooperation and mutual achievement, they would achieve more mutually beneficial and win-win results, Li said.

China-Australia economic and trade cooperation should be placed in the context of the comprehensive strategic partnership between the two countries, and it is necessary to view it from a comprehensive and strategic perspective to better grasp the general trend, he said.

China and Australia, Li said, enjoy complementary economic strengths and are natural partners for cooperation.

Bilateral cooperation also enjoys broad prospects and is an important force for stabilizing industrial and supply chains and boosting economic growth, said the premier.

He called on the two countries to draw wisdom and inspiration from such valuable experience, build a correct perception of each other, and stay committed to the general direction of friendly cooperation, so as to push forward the China-Australia comprehensive strategic partnership for steady and long-term progress.

ALSO READ: China, Australia ink MoU to restart strategic economic dialogue

China-Australia economic and trade cooperation should be placed in the context of comprehensive strategic partnership between the two countries, and it is necessary to view it from a comprehensive and strategic perspective to better grasp the general trend, Li said.

The two countries enjoy complementary economic strengths and are natural partners for cooperation, he said.

Bilateral cooperation also enjoys broad prospects and is an important force for stabilizing industrial and supply chains and boosting economic growth, said Li.

He also expressed the hope that entrepreneurs of the two countries will continue to deepen cooperation in traditional fields.

He urged them to expand their cooperation into new areas, such as artificial intelligence, quantum technology, life sciences and other future industries, to make the pie of bilateral win-win cooperation even bigger, and contribute to promoting exchanges and cooperation between China and Australia in a wide range of areas.

China is planning major measures for further comprehensively deepening reform and steadily expanding institutional opening up, and China's business environment will get better and better, he said.

Li expressed the hope that all entrepreneurs will seize the opportunity and work together to achieve more fruitful results in development and cooperation.

ALSO READ: Beijing vows to work with Canberra to advance ties

China is planning major measures for further comprehensively deepening reform and steadily expanding institutional opening up, and China's business environment will get better and better, he added.

Separately, while meeting with the Chinese community in Australia the same day, the Chinese premier said facts have proven that sound and stable China-Australia relations serve the common interests of the two peoples and meet the common expectations of regional countries.

Against the backdrop of sluggish global economic growth, China's economy has continued to rebound and improve, with its new growth drivers gaining momentum, he said.