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China

Li Qiang Meets with US Treasury Secretary Yellen

2024-04-08   

On the morning of April 7th, Premier Li Qiang met with US Treasury Secretary Yellen at the Great Hall of the People in Beijing. Li Qiang stated that under the strategic guidance of the two heads of state, the current relationship between China and the United States is showing a stabilizing trend. China hopes that China and the United States will become partners rather than opponents, with mutual respect, peaceful coexistence, and win-win cooperation. I hope that the United States and China can move towards each other more, continue to implement the important consensus between the two heads of state, and make the "San Francisco Vision" a reality. Li Qiang pointed out that as the world's top two economies, China and the United States have a deep integration of economic interests, and strengthening economic and trade cooperation is of great significance for the development of both sides and global economic growth. Both sides need to strengthen communication and work together to find ways to control and resolve differences, so as to ensure stable, smooth, and efficient economic and trade cooperation between China and the United States, create more tangible benefits for the enterprises and people of both countries, and contribute to the development of the world economy and the improvement of people's livelihoods. I hope that the United States and China can work together to adhere to the basic principles of fair competition and open cooperation in a market economy, and not politicize or securitize economic and trade issues. We should approach production capacity issues objectively and dialectically from a market perspective and a global perspective, starting from economic laws. The development of China's new energy industry will make important contributions to the global green and low-carbon transformation. China is willing to strengthen policy coordination with the United States in addressing climate change and other issues, and jointly address global challenges. Yellen stated that with the joint efforts of both sides, the US China relationship has become more stable. As the top two economies in the world, the United States and China should responsibly manage their bilateral economic relations. The US appreciates the progress made in the US China economic dialogue and cooperation, does not seek to decouple from China, and is willing to work with China to implement the important consensus reached at the San Francisco meeting between the two heads of state, communicate candidly, avoid misunderstandings, deepen exchanges and cooperation, properly manage differences, jointly address urgent global challenges, and promote stable development of US China relations. (Lai Xin She)

Edit:He Chuanning Responsible editor:Su Suiyue

Source:Xinhua

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