Deeper China-U.S.cooperation to drive economic growth, says Chinese Premier

 

Chinese Premier Li Keqiang (right) shakes hands with President of the U.S. Chamber

of Commerce Thomas Donohue during a seminar with a delegation of U.S. business

leaders and former senior officials in Beijing on June 4, 2013. Photo by Li Tao

 

Chinese Premier Li Keqiang attends a seminar with a delegation of U.S. business leaders

and former senior officials in Beijing on June 4, 2013.    Photo by Li Tao

 

By Xiong Zhengyan

Stronger China-U.S. cooperation will drive economic growth in both countries, Premier Li Keqiang said on Tuesday of June 4.

If both countries work more closely to combine China’s huge market and the leading technology of the United States, the cooperation will create a stronger impetus for economic growth and turn development opportunities into cooperative results, Li said at a seminar held with a delegation of U.S. business leaders and former senior officials.

The delegation, headed by President of the U.S. Chamber of Commerce Thomas Donohue, included former National Security Advisor Sandy Berger,former U.S. Trade Representative Charlene Barshefsky, former Secretary of Commerce Carlos Gutierrez and a group of senior business executives.

Li said China-U.S.relations are entering an important period. President Xi Jinping’s upcoming summit with U.S. President Barack Obama will chart a blueprint for a new type of bilateral relationship that features equality, trust, tolerance, cooperation and common prosperity, Li said.

Li called for both sides to respect each other on issues concerning their core interests, improve cooperation and play a positive role in safeguarding peace and stability in Asia and the world.

He said both countries’ economies are in different stages of development but are still highly complementary.

Li said China is upgrading its economy and opening more widely to the outside world, while the United States is also restructuring its economy.

As the world’s largest developing country, China’s development is its biggest contribution to the world, Li said.

The premier said China will assume its responsibilities and work with the United States to make efforts to promote global economic recovery.

Li said he hopes the fourth China-U.S. business leaders’ and former senior officials’ dialogue, which ran from Tuesday to Wednesday in Beijing, will play a positive role in enabling both countries to deepen communication and expand pragmatic cooperation.

Donohue and several delegation members said the seminar will help U.S. businessmen more fully understand the Chinese government’s policies and give them more confidence in deepening cooperation with China.

They said they will work with the Chinese side to contribute to the development of bilateral relations.

Several U.S. business leaders asked Li about China’s reform and opening up, the development of its finance sector, energy security, the environment and China’s energy cooperation with foreign countries.

Li asked the business leaders to continue to play a constructive role in promoting economic and trade cooperation between the two countries. 

 

 

Dialogue agrees on strengthened 

China-U.S. commercial ties

 

By Rong Jiaojiao and Jiang Guocheng

China and the United States will take steps to deepen cooperation and strengthen trust for closer commercial ties, according to the fourth annual U.S.-China CEO and Former Senior Officials’ Dialogue ending on Wednesday of June 5.

Starting from June 4, the fourth dialogue was joined by Zeng Peiyan, chairman of the China Center for International Economic Exchanges, and U.S. Chamber of Commerce President and CEO Thomas Donohue.

Business leaders and former senior officials of China and the United States agreed that economic reform, openness and competition will have positive influences in promoting the economic development of both countries as well as expanding employment and promoting innovation.

U.S. participants in the dialogue voiced support for China’s participation in the Trans-Pacific Partnership negotiations, and Chinese participants expressed support for the United States and other economies joining a future Regional Comprehensive Economic Partnership.

In the joint statement released after the dialogue, both sides called for a removal of unreasonable restrictions on exports of high-tech products, a simplification of the foreign investment review procedure, resistance against trade protectionism and a reduction of non-tariff barriers.

China and the United States are each other’s second-largest trade partner. In 2012, China-U.S. trade reached 484.7 billion U.S. dollars,official data showed.

 

 

 

U.S.- China relationship should play

“primary role”: Scowcroft

 

By Jiang Xufeng

The U.S.- China relationship should play a “primary role” in the broader U.S. foreign affairs strategy, while enhancing mutual understanding and trust is critical to an across-the-board collaboration between the two countries, former U.S. National Security Advisor Brent Scowcroft said on Wednesday of June 5.

China and the United States are influencing the world everywhere. China is a “rapidly growing power with growing interests around the world, and we need to work together,” Scowcroft told Xinhua on the sidelines of a seminar hosted by the Woodrow Wilson Center, a Washington-based think tank.

Scowcroft was “very optimistic” about the upcoming summit between Chinese President Xi Jinping and his U.S. counterpart Barack Obama, saying one of the first things both countries need to do is to understand each other better.

“We have very different histories, cultures and so on. I think the opportunity for the two leaders to sit down and talk is extremely important,” he stressed.

“I don’t think we have those fundamental disagreements,” said the former national security advisor to former U.S. Presidents Gerald Ford and George H. W. Bush, adding that “but we don’t understand each other well enough.”

There are no areas China and the United States could not discuss to deepen their collaboration, as both countries have “worldwide” interests, he said.

Understanding each other is one of the best starts to better cooperation in resolving global challenges, he said.

Xi and Obama will meet on June 7-8 in California.

nited States and other economies joining a future Regional Comprehensive Economic Partnership.

In the joint statement released after the dialogue, both sides called for a removal of unreasonable restrictions on exports of high-tech products, a simplification of the foreign investment review procedure, resistance against trade protectionism and a reduction of non-tariff barriers.

China and the United States are each other’s second-largest trade partner. In 2012, China-U.S. trade reached 484.7 billion U.S. dollars,official data showed.

 

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