The agreement positions the broadcasters with a wide range of international co-operation options from exchanging television programs, providing mutual news gathering support and content supply, through to exploring international co-productions.
Selected Australia Network programs will soon be seen on International Channel Shanghai, and Shanghai Media Group will have access to studio and production support in Australia immediately.
Shanghai is China's most cosmopolitan city and also the only city with its own dedicated international English language Channel.
Australia Network is operated by Australia's national broadcaster, the ABC, and now broadcasts in 44 countries.
The ABC also has a long standing agreement of cooperation with China's national broadcaster, CCTV, and recently signed an agreement with Chongqing Television and Radio Group.