Group 1 - Australian Prime Minister Albanese will visit China from July 12 to 18, aiming to strengthen relations with Australia’s largest trading partner [1][2] - The visit will focus on expanding economic relations, discussing global and regional issues, and bilateral cooperation in trade and tourism [2][4] - A business delegation of 14 members from various sectors, including banking, resources, and education, will accompany Albanese [4] Group 2 - Albanese's visit is significant as it marks the second visit to China since taking office, indicating a normalization of relations after years of tension [4][5] - The visit coincides with China's proposal to reassess the ten-year-old free trade agreement, aiming to enhance cooperation in agriculture, mining, and explore new technology sectors [5] - China expresses willingness to strengthen cooperation in traditional sectors and expand into emerging fields such as AI, healthcare, green energy, and digital economy [5]

Core Points - The China-Australia Free Trade Agreement (ChAFTA) has been a milestone in bilateral economic relations, significantly boosting trade and investment between the two countries over the past decade [1][2] - China remains Australia's largest trading partner, while Australia has become a key destination for Chinese investments, showcasing economic complementarity [1] - The agreement has facilitated the entry of high-quality Australian agricultural and mineral products into the Chinese market, while Chinese electronic and consumer goods are increasingly favored by Australian consumers [1] Group 1 - The signing of ChAFTA is highlighted as a significant event in China-Australia economic relations, with both countries expressing a desire to deepen cooperation and explore new areas such as green and digital economies [1] - The bilateral trade volume has consistently reached new highs, with the agreement creating more job and investment opportunities for Australia [2] - The forum featured discussions among business and academic representatives on cooperation in various sectors, including green energy, agriculture, health, and digital economy [2]