Chinese vice premier stresses China, U.S. economic interdependence boosts bilateral co-op

14:25, May 24, 2010      

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Chinese Vice Premier Wang Qishan (R) shakes hands with U.S. Treasury Secretary Timothy Geithner during the economic track of the second round of China-U.S. strategic and economic dialogue in Beijing, capital of China, May 24, 2010. (Xinhua Photo)

Chinese Vice Premier Wang Qishan said in Beijing Monday economic interdependence between China and the United States reflects the importance of bilateral cooperation.

"With increasingly close links, our two economies have become inseparable. This has been particularly true since the outbreak of the international financial crisis, and our two countries have acted together to meet the challenge," said Wang at the opening session of the second round of the China-U.S. Strategic and Economic Dialogue (S&ED). The dialogue will conclude Tuesday.

He said China-U.S. economic ties are a cornerstone of the bilateral relationship, adding that the high economic complementarity between the two sides makes for win-win cooperation, not a zero-sum game.

The world economy is at a "critical juncture," but as long as the two countries communicate with candor, enhance mutual trust and look for common ground, China and the U.S. will overcome any future difficulty, Wang said.

He said the dialogue, under the theme "Ensuring the Continuation of a Mutually Beneficial Economic Partnership," will include in-depth discussions on a number of issues including macroeconomic policy, trade and investment, financial markets' stability and the reform of the architecture of international finance.
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(Editor:梁军)

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