Core Viewpoint - The 10th anniversary of the China-Australia Free Trade Agreement (ChAFTA) is seen as a significant milestone in bilateral relations, with expectations for continued cooperation and mutual benefits in trade and investment [1][2][3] Trade and Economic Impact - China has been Australia's largest trading partner for 16 consecutive years, serving as the primary export market and source of imports [1] - The ChAFTA has significantly boosted trade, with the 2022-2023 fiscal year seeing an increase in disposable income for Australian households by AUD 2,600 and the creation of 595,600 jobs, accounting for 4.2% of total employment in Australia [1][2] Future Prospects - Participants at the forum expressed optimism for the future role of ChAFTA in further developing bilateral relations, emphasizing the need for continued cooperation and policy alignment [3] - There is a collective hope that the agreement will enhance trade liberalization and facilitate deeper economic ties over the next decade [3] Regional and Multilateral Cooperation - The ChAFTA has strengthened cooperation between China and Australia in regional and multilateral contexts, including the Regional Comprehensive Economic Partnership (RCEP) involving 15 member countries [2] - Both countries are committed supporters of the multilateral trading system and have collaborated on various issues, including World Trade Organization (WTO) reforms [2]