Australian treasurer set to visit China

Australian Treasurer Jim Chalmers is set to visit China from Thursday to Friday, China's top economic regulator said on Wednesday. 

During the visit, Chalmers will co-chair the fourth China-Australia Strategic Economic Dialogue with Zheng Shanjie, head of the National Development and Reform Commission, according to a statement posted on NDRC's official website.

China has been Australia's largest trading partner for 15 consecutive years. For China, Australia stands as its seventh-largest trading partner. Last year, the bilateral trade value between the two countries reached a record 1.61 trillion yuan ($229.46 billion), up 9.8 percent year-on-year, data from the General Administration of Customs showed.