We’re wrapping up our blog now, thank you for tuning in today.
However, before we leave, some coverage from the Western Australia-China Strategic Dialogue where WA Premier Roger Cook has just opened the proceedings.
The annual event – now in its sixth year – brings together senior business leaders from China to Perth to discuss trade and economic opportunities. It is the first time Cook has attended since becoming WA premier.
Cook opened his remarks by noting yesterday was the 75th anniversary of the founding of the People’s Republic of China and declared: “The WA-China relationship is one of our great success stories of the last century.”
“And can I say, in short, WA gets the China-WA relationship,” he said.
“We understand it’s important to our economic prosperity, it’s important to our cultural prosperity.
“The Chinese community in Western Australia is as old as the Swan River colony itself, and we welcome a growing number of tourism students from China.”
Cook said it was WA and China’s collaboration in commerce which had attracted much of the world’s attention in recent years.
“China became our leading trade partner in 2007, and has expanded its lead ever since, by a wide margin,” he said.
“In 2023 our two-way trade reached $163 billion dollars, that’s more than half of Australia’s total trade with China.”
The premier said the trade relationship had generated “immense benefits” on both sides.
Cook flagged the potential of the growing role of downstream processing in WA – “particularly as we realise our ambitions around the generation of renewable energy” – and hailed the progress since the last dialogue, including a visit to WA by China’s premier and the opening up of direct flights from China to Perth.
“We’ve realised the extraordinary potential of the Western Australia-China relationship, and we see just so much more that can be done,” he said.
That concludes our live blog for the day, join us again tomorrow as we bring you all the day’s news.