High-tech purchase timetable prioritized
Source: Xinhua |
May 25, 2010, Tuesday
|
Print Edition
Print Edition
THE nation wanted clarification about the United States timetable to gradually erase impediments to American high-tech exports to China, Vice Premier Wang Qishan said in Beijing yesterday.
Speaking at the second round of the China-US Strategic and Economic Dialogue, Wang said China was pleased to hear about American initiatives to ease restrictions on these exports.
He said China wanted to know details of how the US planned to treat Chinese firms making investments in the country and plans to recognize China as a market economy.
Figures by China's General Administration of Customs show bilateral trade reached US$298.26 billion in 2009, nearly 120 times the level in 1979 when the two countries established diplomatic ties.
To maintain a sustainable, mutually beneficial partnership in economic and trade relations was vital to China and the US and to the world economy, Wang said.
As economic exchanges between China and the US broaden and deepen, "it is unavoidable that some friction and disputes will arise."
'Cornerstone'
He urged the two sides to enhance mutual understanding.
Wang said China and the US should stand together against protectionism in any form.
"With increasingly close links, our two economies have become inseparable," Wang said.
This had been particularly true since the outbreak of the international financial crisis, he said.
Wang described China-US economic ties as "a cornerstone of the bilateral relationship."
The world economy is at a "critical juncture," but if the two countries had mutual trust, China and the US "will overcome any future difficulty."
Wang said the talks' core objective was building a positive China-US relationship for the 21st century.
"The dialogue will enable us to further our cooperation ... and promote strong, sustainable and balanced growth of the global economy," the vice premier said.
Speaking at the second round of the China-US Strategic and Economic Dialogue, Wang said China was pleased to hear about American initiatives to ease restrictions on these exports.
He said China wanted to know details of how the US planned to treat Chinese firms making investments in the country and plans to recognize China as a market economy.
Figures by China's General Administration of Customs show bilateral trade reached US$298.26 billion in 2009, nearly 120 times the level in 1979 when the two countries established diplomatic ties.
To maintain a sustainable, mutually beneficial partnership in economic and trade relations was vital to China and the US and to the world economy, Wang said.
As economic exchanges between China and the US broaden and deepen, "it is unavoidable that some friction and disputes will arise."
'Cornerstone'
He urged the two sides to enhance mutual understanding.
Wang said China and the US should stand together against protectionism in any form.
"With increasingly close links, our two economies have become inseparable," Wang said.
This had been particularly true since the outbreak of the international financial crisis, he said.
Wang described China-US economic ties as "a cornerstone of the bilateral relationship."
The world economy is at a "critical juncture," but if the two countries had mutual trust, China and the US "will overcome any future difficulty."
Wang said the talks' core objective was building a positive China-US relationship for the 21st century.
"The dialogue will enable us to further our cooperation ... and promote strong, sustainable and balanced growth of the global economy," the vice premier said.
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