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Fifth China-U.S. relations conference concludes in Texas, U.S. (2)

(Xinhua)

10:54, October 25, 2011

"A stable and growing China-US relationship not only serves the fundamental interests of our two countries and two peoples, but also contributes to peace and development of the Asia-Pacific region and the world at large," he said.

Citing issues that have been harming the China-U.S. relations, including the U.S. arms sale to Taiwan, Zhang called for the two countries to improve strategic mutual trust, which is the basis for any partnership.

U.S. Deputy Secretary of State William Burns, in a keynote speech to the conference, also said contacts with China will help avoid misunderstanding and miscalculation.

"In other words, we will increasingly live in a world where America and China cannot afford the luxury of quietly operating in parallel," he said.

Burns named a number of areas the two countries can cooperate in, saying that the Obama administration has increased high-level meetings and setting up new forums for airing differences, which has set a "positive tone."

"If we want to avoid misunderstandings and prevent crises before they emerge, then communication, transparency and trust will be essential," he said.

This year's China-U.S. relations conference, under the theme of "Institutionalizing Collaborative Research and Partnership", aims to promote, strengthen and expand academic and business collaborations between the two countries.

Topics addressed at the conference included economic and trade relations, collaborations and joint ventures; joint energy research opportunities and development policies and the future of U.S.-China relations from a historical and comparative perspective.

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