After China and Australia established diplomatic ties in 1972, bilateral relations developed rapidly. People-to-people links, politicalexchanges and trade and economic cooperation played an increasingly larger part in the foreign policies of the two countries. In the post global financial crisis era, bilateral relations have remained positive and played an imPortant role in ensuring the stability and prosperity of the Pacific region. There have been several unavoidable misunderstandings and even disagreements between the two countries, which has influenced mutual trust and policies. This article will aim to analyze the history and current situation of the Sino-Australian relationship in an objective and comprehensive way; to look ahead to future bilateral relations, and make policy recommendations for the further development of bilateral ties to increase mutual understanding and promote a more positive future for Sino-Australian relations.