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China, Britain should harness new opportunities for co-op: Chinese vice premier


11:31, September 09, 2011

Chinese Vice Premier Wang Qishan (L) shakes hands with UK Chancellor of the Exchequer George Osborne during the Fourth UK-China Economic and Financial Dialogue in London, Britain, Sept. 8, 2011. (Xinhua/Zeng Yi)

LONDON, Sept. 8 (Xinhua) -- Chinese Vice Premier Wang Qishan said Thursday that China and Britain should harness their respective strengths to seize new opportunities for bilateral cooperation.

"The main task of this round of dialogue is therefore, to act on the important agreement reached by our leaders and promote the healthy development of China-UK comprehensive strategic partnership with concrete steps," Wang said in his opening remarks at the Fourth China-UK Economic and Financial Dialogue in London.

Wang said new opportunities for economic cooperation between China and Britain have come forward as China implements its 12th Five-Year Plan and Britain rolls out its Plan for Growth and hosts the Olympic Games in London next year.

The two countries need to deepen their cooperation in such fields as economy, trade, investment, finance, science, technology and tourism, Wang said.

He also highlighted new bright spots of cooperation for the two sides, including infrastructure, advanced manufacturing, new energy, energy conservation and environmental protection.

"I hope our two sides will step up exchange and cooperation in areas such as regulatory reform, financial risk prevention, product innovation, information sharing and personnel training," he said.

Meanwhile, Wang voiced hope that Britain's measures to revitalize its economy and maintain fiscal sustainability would quickly produce results.

Turning to the global economy, the Chinese vice premier said that to ensure economic and financial stability and promote strong, sustainable and balanced growth of the world economy is the top priority for all countries.

He said China has confidence in the European economy and the euro.

"We support the measures adopted by the euro zone, the EU and the IMF, and believe that Europe has the ability and wisdom to overcome its current difficulties and come out of the crisis," he said.

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