Mr. Li Wei, General Manager of Yankuang Group, attended the Fifth China-Australia High-level Dialogue in Beijing on December 7. Around 50 participants of both sides from political, academic, business and news media areas discussed four issues covering China-Australia political relationship, economic and trade cooperation, international and regional problems and people-to-people and cultural exchanges.
At the economic and trade cooperation conference, Mr. Li Wei expressed the appreciation of the major initiative for regular China-Australia high-level dialogue is to deepen China-Australia comprehensive strategic partnership and strengthen exchanges and cooperation between two nations. It is important for enterprises invested in Australia to grasp new opportunities of China-Australia pragmatic cooperation, promote internationalized development and realize high-quality development. In response to the Belt and Road initiative, Yankuang Group has steadily pushed forward the development and construction in Australia and enhanced the capability of global resource integration and international integrative development. On December 6, Yancoal Australia Ltd (“Yancoal Australia”) listed on Hong Kong Stock Exchange (HKEX), which makes it become the first state-owned company listed on the main boards of Australian Securities Exchange (ASX) and HKEX.
Mr. Li Wei said, Yankuang Group, with intelligent growth drivers and global presence, will continuously adopt global vision and international standards, deepen international capacity cooperation, consolidate good momentum of Yancoal Australia’s development, strive to build Yancoal Australia a world-class large energy base and listed coal company with the largest scale and the most profitable, thus to better return shareholders, investors, promote development of economy and society and contribute for China-Australia economic and trade cooperation.