China is ready to restart the economic and trade exchanges mechanism with Australia, Commerce Minister Wang Wentao said Monday. During his talks via video link with Australian Trade Minister Don Farrell, Wang said China is also willing to expand cooperation in emerging areas, such as climate change and new energy, and promote high-quality development of bilateral economic and trade relations. China and Australia are each other's important economic and trade partners, with highly complementary economic structures and mutually beneficial and win-win bilateral economic and trade cooperation, said Wang. He added that ... (full story)