CANBERRA - Visiting Chinese Vice President Xi Jinping and Australian Prime Minister Kevin Rudd hold talks here in the Parliament House in Canberra on Monday morning.

Chinese Vice President Xi Jinping (L) shakes hands with Australian Prime Minister Kevin Rudd at Parliament House in Canberra June 20, 2010. Xi started the second leg of a four-day visit to Australia on Sunday. [Agencies]

The talks with Kevin Rudd are believed to be among the top agenda for Xi's five-day Australian trip. The two leaders are expected to exchange views on boosting bilateral relations and other issues of common concern.

"It will be a fruitful talk," said a senior Chinese diplomat before leaving for the talks.

The talks are scheduled to last around one hour and the two leaders are set to witness the signing of several cooperation agreements after the talks.

Later on the day, Xi will address the Australia-China Trade and Economic Forum with Rudd. On Monday evening,  Xi and Rudd will meet with business leaders from China and Australia who are here for a roundtable dialogue.

Xi is here as a guest of Kevin Rudd.  After a one-day tour in Melbourne, Xi and the Chinese delegation arrived in Canberra on Sunday afternoon.  On Sunday night, Rudd hosted a banquet in the prime minister's mansion in honor of the vice president.

Chinese Vice President Xi Jinping (L) chats with Australian Prime Minister Kevin Rudd before their meeting at Parliament House in Canberra June 20, 2010. Xi started the second leg of a four-day visit to Australia on Sunday. [Agencies]