Chinese vice premier meets U.S. treasury secretary in Toronto

Chinese Vice Premier Wang Qishan met Toronto Sunday with U.S. Treasury Secretary Timothy Geithner to exchange views on further strengthening the economic links between China and the United States and on other issues of common interest.

Wang and Geithner met on the sidelines of the fourth summit of the G20 countries.

Wang is accompanying Chinese President Hu Jintao to attend the G20 summit from Saturday to Sunday.

President Hu made a speech under the title of "Work in unity for the future" at the G20 summit Sunday morning, laying out a three-point proposal for promoting a strong, sustainable and balanced global economic growth.

On the sidelines of the G20 summit, President Hu met with U.S. President Barack Obama. During the meeting, Hu made positive comment on the progress made in bilateral relations over the past few months, and accepted Obama's invitation to visit the United States.

President Hu also told Obama that China and the United States should continue boosting coordination of their macroeconomic policies and stick to the principle of dealing with trade frictions through dialogue on equal footing.

China has no intention to pursue a trade surplus against the United States and has been proactively taking measures to increase imports from the country, Hu said.

Hu called on the United States to refrain from trade protectionism and gradually reduce barriers to high-tech exports to China in order to achieve healthy and balanced bilateral economic and trade relations.

President Hu arrived in Ottawa Wednesday for a state visit to Canada before travelling to Toronto on Friday. He will leave Toronto for home on Sunday evening.

Source:Xinhua