. | . |
Australia to grant 10-year visas for Chinese by Staff Writers Beijing (AFP) April 14, 2016 Australia is granting 10-year visas to some Chinese nationals, its prime minister said on Thursday, seeking to boost visits to a country that already attracted more than one million Chinese tourists last year. Australia will for the first time offer visa applications in Chinese and online, Malcolm Turnbull said as he kicked off a visit to China which publically avoided divisive issues such as the South China Sea and human rights. "We're also trialling 10-year validity visas, again for the first time, here in China," Turnbull said in the commercial hub of Shanghai, without specifying what kinds of traveller could apply. There was no indication that the concession was reciprocal. Australia is one of the few developed economies to run a trade surplus with China, thanks to exports of raw materials such as iron ore on a gigantic scale, but it is seeking to diversify its resources-weighted economy in the face of falling commodities prices. Turnbull met with Chinese Premier Li Keqiang later Thursday in Beijing where they watched representatives of Rio Tinto and Sinosteel sign an agreement to extend their mining joint venture. The agreement comes even as China faces intense criticism from European steelmakers who accuse it of dumping surplus capacity on world markets. Australia valued its bilateral trade with China at Aus$150 billion ($115 billion) last year, and the two nations in December put into effect a free trade agreement to open markets further. According to Chinese Customs figures, Australia had a trade surplus of around $33 billion with China in 2015. Despite Australia's financial dependence on the world's second-largest economy, it remains a staunch political ally of the United States in the Asia-Pacific. Washington is reportedly in talks to station strike bombers in Australia, a US general said in March, amid concerns about Beijing's moves in the disputed South China Sea. Turnbull made little mention of divisive political issues in his public remarks in Shanghai though he mentioned China's "long journey" towards the rule of law. The prime minister -- who was accompanied by a giant business delegation -- praised China's economic development but acknowledged the impact of its slowing growth. "We have to work harder, much harder, to strengthen and expand these business links, as our economies continue to transition," Turnbull said in speech at a business event. "I'm here to help Australian exporters open doors which had been locked," he said, adding his government was watching the implementation of recently announced regulations regarding tax on cross-border e-commerce transactions. Reports said the rules could see Australian shipments of products including lucrative dairy and vitamin exports turned back at China's border. Turnbull also witnessed the signing of an agreement which aims to bring Australian rules football to China with a match in 2017.
Related Links Global Trade News
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |