Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, June 27 (Xinhua) — China is willing to maintain economic and trade exchanges with the United States on the basis of equality, mutual respect and mutual benefit, so as to benefit both countries and the world, Vice Finance Minister Liao Min said in a statement released by the ministry on Friday.
Liao Min made the remarks during a meeting with Harvard University Professor Graham Allison on June 20. The two sides held an in-depth exchange of views on China-US relations, bilateral economic and trade ties, and issues of common interest.
Guided by the important agreements reached by the two heads of state, the China-US negotiating teams on trade and economic issues have reached fundamental agreement on implementing the important consensus reached by the two heads of state during the telephone conversation on June 5 and on the framework of measures to consolidate the results of the trade and economic talks in Geneva, which has played an important role in stabilizing both China-US relations and bilateral trade and economic ties, Liao Min noted.
He stressed that China will firmly safeguard its legitimate rights and interests, while at the same time being willing to maintain economic and trade contacts with the United States on the basis of equality, mutual respect and mutual benefit, so as to benefit both countries and the whole world.
Mr. Allison, in turn, said that relations between the US and China are one of the most important bilateral relations in the world, and it is extremely important for both sides to maintain and deepen communication.
He noted that China has made significant progress in advancing economic reforms, expanding openness and creating a fair market environment. Given the high interdependence of the US and Chinese economies, further deepening trade and economic exchanges is in the common interests of both countries and the entire world, he concluded. -0-