Special report: Chinese president's visit draws world's attention on Sino-U.S. economic ties

13:30, January 21, 2011      

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Chinese President Hu Jintao is paying a four-day state visit to the United States at a key time for Chinese and U.S. economic transformation and also for the world economy's recovery.

President Hu and his U.S. counterpart Barack Obama held talks at the White House on Wednesday and jointly met business leaders from the two countries. The two sides also issued a joint statement, agreeing to build a cooperative partnership based on mutual respect and mutual benefit while reaffirming their commitment to building a positive, cooperative, and comprehensive China-U.S. relationship for the 21st century.

During the visit, Hu and Obama reached consensus on deepening all-round cooperation and mutually beneficial, win-win economic ties. They also reached agreements in macro-economic coordination, comprehensive economic cooperation, investment, energy, environment and so on.

The visit, without doubt, will open a new chapter for China-U.S. economic and trade ties in the new era, and would be conducive to jointly promoting the economic development of the two countries, pulling the world economy out of the global financial crisis, and realizing strong, sustainable and balanced growth.

The world has attached great importance to and highly praised the above-said fruits.


China and the United States, as the biggest developing and developed countries in the world, are complementary as regards their economies and have huge potential for more cooperation.

China-U.S. economic ties, despite twists and turns, are in accordance with the two countries' shared desire to boost bilateral cooperation and common development.

At a joint press conference held by Hu and Obama Wednesday, Hu, when talking about China-U.S. trade ties, said although China and the United States have different opinions on some issues, they should demonstrate mutual understanding and look forward to the future, strengthen communication, properly handle differences and boost pragmatic cooperation to better benefit the two peoples.

Major global media outlets swiftly reported the Chinese president's views, which were attracting a lot of attention.

In Chicago, Leo Melamed, chairman emeritus of the Chicago Mercantile Exchange, said Hu's visit to the city makes him feel very proud. He also said the exchange center has established close ties with the Chinese financial circle over the past years and would continue to make unremitting efforts to maintain and develop the friendly ties.

In Australia, Christine Edward, a member of the local press, closely followed Hu's visit on television. Edward said China-U.S. trade relations, despite many problems, enjoy more cooperation opportunities, and it is good for both sides to boost exchanges.


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