The Australian government is to some extent satisfied about the easing trade relations between Australia-China, but still worry about uncertain factors such as the ever-increasing competition between China and America and the negative comment towards China from former PM Morrison might render the hard-earned diplomatic achievements between two countries fruitless. The government intends to keep a professional and calm working style. Foreign Minister Huang Yingxian and Trade Minister Farrell will uphold a “Contain risk and do not pre-emptively get rid of China” attitude, hoping to achieve more fruits with China in trade.

The Australian government believe that lawsuits through WTO would do harm to the trade relations between two countries and multi-level bilateral dialogues between China and Australia should be promoted. The Trade Department might cancel or suspend lawsuits towards China in WTO.

The government now reinforce the idea that Australia must uphold diversified trade, that is to say, more Australia companies should take the chance when the bilateral relation is easing to inject impetus to Australian economy, decrease unemployment rate and improve individual income in relevant industries. At the same time, the labour government will take a diplomatic approach towards trade risks with China. The commerce department will keep a close contact with local companies that are expanding business in China and make sure they evaluate expected return and potential risks based on the actual condition.

Export industries including lobster industry and wheat industry show increasing confidence regarding the reopening of markets towards China. After witnessing the easing of China’s policy towards Australian coal, these industries have been active in persuading Australian government reach a solution with China regarding these two commodities in WTO and restart exporting lobster and wheat to China, especially for lobster industry considering 90% of its exports goes to China. Although the lobster industry does not account for much in Australia’s trade volume with China, it has taken a great hit.

Apart from the decrease of sales, relevant industries with wine including planting, processing and transportation are greatly affected. Workers from related industries have complained to Industry Associations about financial loss many times. The Wine Industry Association hopes the Australian government would put lifting the ban of wine as a priority in trade negotiations with China.

Australian companies regard recent offline international meetings and forums in China as perfect opportunities for them to return to Chinese market after China reopened its border. Take especially the upcoming Bo’ao Forum, in which many high-level Chinese officials and executives from major companies will attend. It is an important occasion for Australian government to have official meetings with Chinese officials and companies.