Australian Treasurer to depart for China before APEC meeting

09:34, November 04, 2010      

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Australian Treasurer Wayne Swan on Thursday will depart for Beijing of China, to meet with key Chinese representatives, before heading to this weekend's Asia- Pacific Economic Cooperation (APEC) finance ministers' meeting in Kyoto of Japan.

Swan will meet Chinese Vice-Premier Li Keqiang on Thursday to further strengthen the "already strong economic relationship" between the two countries.

"I look forward to discussions with the vice-premier on the importance of our bilateral relationship and recent global economic developments," Swan said in a statement released on Wednesday.

The treasurer will also meet with the Chairman of the National Development and Reform Commission, Zhang Ping, and the Chinese Minister of Finance, Xie Xuren.

His talks with his counterpart will focus on the progress made at the G20 finance ministers' meeting, and preparations for the G20 leaders' summit in Korea next week.

Swan will also hold discussions with the Governor of the People 's Bank of China, Zhou Xiaochuan, as well as representatives from China's mining, energy and investment sectors.

"My meetings tomorrow are another chance to nourish a relationship which is so important to the people of both nations," Swan said.

China is Australia's largest trading partner, an important source of foreign investment funds, and a key destination for Australian business investment.

Swan will return to Australia on Sunday after the APEC meeting in Japan.



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