China has lifted trade sanctions on Australian beef exporters, including Kilcoy Pastoral Company and JBS-owned Beef City.

The move comes ahead of a visit by Chinese Premier Li Qiang and follows diplomatic tensions in 2020.

The lifting of sanctions has resulted in increased exports of barley, cotton, oaten hay, timber, and wine.

The Albanese government's efforts have led to billions of dollars in increased earnings for Australian producers.

Agriculture Minister Murray Watt credits Labor's work in stabilizing the relationship with China for the progress.

Despite positive developments, Australian trade with China is unlikely to fully return to pre-COVID levels.

Australia is focusing on diversifying export markets to reduce reliance on China.

Premier Li is expected to visit Canberra in June for talks with Prime Minister Anthony Albanese.