Meet vital for defusing strains in ties
Source: Agencies/Shanghai Daily |
March 23, 2010, Tuesday
|
Print Edition
Print Edition
A top-level meeting between China and the United States in May will be "very important" for defusing strains between the two big economies, Chinese Premier Wen Jiabao said yesterday.
Wen made the remarks in a meeting with foreign business executives in Beijing yesterday, telling them he did not want "trade and currency wars."
A "Strategic and Economic Dialogue" of senior Chinese and US officials in May would be an important forum for addressing strains between the two powers, Wen said.
"The dialogue in May will be very important. It's an opportunity to address the problems between China and the United States, and so we take it very seriously," Wen told the executives attending the China Development Forum, which closed in Beijing yesterday.
Wen's remarks came as the US is pressing China to appreciate the yuan and limiting Chinese products from entering its market by raising trade barriers.
"Although there are conflicts and problems in bilateral economic and trade ties, I'm sure that as long as we adhere to a spirit of mutual benefit and mutual accommodation on an equal footing, we can always find solutions," Wen said.
Wen urged all countries and companies not to start trade and currency wars, which would be harmful to the recovery of the world economy.
"We are happy that the world economy shows good signs of recovery, however, some factors make us feel that the recovery will not be so smooth," Wen said. "All responsible countries and businesses in the world must firmly oppose trade and currency wars. That won't help us cope with difficulties, but just curb cooperation."
Wen said China would expand imports from the US.
He also said he worried that China's export growth may take a long time to regain pre-crisis momentum.
No firm date has been set for the strategic dialogue, which is due to be held in Beijing.
Officials attending may include China's Vice Premier Wang Qishan and US Secretary of State Hillary Clinton and US Treasury Secretary Timothy Geithner.
Wen stressed that China was not pursuing a trade surplus and wanted to enlarge the country's imports.
"To keep a balance of international payments is the goal we are working toward," Wen said.
He reiterated that China will change the way its external economy develops, and work hard to expand domestic demand.
Wen made the remarks in a meeting with foreign business executives in Beijing yesterday, telling them he did not want "trade and currency wars."
A "Strategic and Economic Dialogue" of senior Chinese and US officials in May would be an important forum for addressing strains between the two powers, Wen said.
"The dialogue in May will be very important. It's an opportunity to address the problems between China and the United States, and so we take it very seriously," Wen told the executives attending the China Development Forum, which closed in Beijing yesterday.
Wen's remarks came as the US is pressing China to appreciate the yuan and limiting Chinese products from entering its market by raising trade barriers.
"Although there are conflicts and problems in bilateral economic and trade ties, I'm sure that as long as we adhere to a spirit of mutual benefit and mutual accommodation on an equal footing, we can always find solutions," Wen said.
Wen urged all countries and companies not to start trade and currency wars, which would be harmful to the recovery of the world economy.
"We are happy that the world economy shows good signs of recovery, however, some factors make us feel that the recovery will not be so smooth," Wen said. "All responsible countries and businesses in the world must firmly oppose trade and currency wars. That won't help us cope with difficulties, but just curb cooperation."
Wen said China would expand imports from the US.
He also said he worried that China's export growth may take a long time to regain pre-crisis momentum.
No firm date has been set for the strategic dialogue, which is due to be held in Beijing.
Officials attending may include China's Vice Premier Wang Qishan and US Secretary of State Hillary Clinton and US Treasury Secretary Timothy Geithner.
Wen stressed that China was not pursuing a trade surplus and wanted to enlarge the country's imports.
"To keep a balance of international payments is the goal we are working toward," Wen said.
He reiterated that China will change the way its external economy develops, and work hard to expand domestic demand.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
