Mr Albanese will head off to a series of summits on Friday in Cambodia, Indonesia and Thailand.
He left the door open to speaking with Mr Xi, who will be at the G20 summit in Bali as well as APEC in Thailand.
"I've made it very clear that dialogue is a good thing and so if a meeting is arranged with Xi then that would be a positive thing," Mr Albanese told reporters in Canberra on Wednesday.
"We are organising a range of meetings but they haven't been finalised and locked in … we'll make an announcement if and when meetings with various leaders are locked in."
The prime minister will attend four global and regional meetings, including the ASEAN-Australia, East Asia, G20 and APEC summits.
He will also address the Business 20 summit, where chief executives, investors and senior executives will meet prior to the G20 leaders' gathering.
Indian prime minister Narendra Modi and Indonesian president Joko Widodo will also address that summit.
"My role at these summits will be one of advocacy for not only Australians, but also for those of our Pacific neighbours who face many of the same pressures that we do," Mr Albanese said.
"At each summit I will emphasise Australia's commitment to the global transition to net zero, and our vision for a stable, peaceful, resilient and prosperous region."