China and Australia will keep open dialogue and look for areas of cooperation despite strategic competition in the Indo-Pacific region, Australia's Prime Minister Anthony Albanese said on Tuesday after meeting China's President Xi Jinping in Beijing.

The prime minister of Australia, a longtime US security partner in Asia, sought to focus his trip to China this week on business and trade opportunities, sidestepping thornier issues around US-China competition such as Taiwan or Beijing’s military expansion.

"Dialogue with China matters. For jobs, our economy and the security of our region," visiting Australian PM Anthony Albanese said in a post on X platform on Friday. “One in four Australian jobs depends upon our trade and the most important trading partner is China.