CCTV.com - CNTV English - CCTV News

China, US pledge closer cooperation to advance global economic recovery

01-11-2012 08:27 BJT

BEIJING, Jan. 10 (Xinhua) -- China and the United States on Tuesday pledged to enhance their cooperation to advance the global economic recovery as U.S. Treasury Secretary Timothy Geithner visited Beijing.

Geithner arrived in Beijing on Tuesday for a two-day visit, during which Chinese
Premier Wen Jiabao, Vice President Xi Jinping and Vice Premier Li Keqiang will also
meet with him.

The global economic recovery must remain the priority for all nations as the world economic situation is still "very complex and grim," said Chinese Vice Premier Wang Qishan as he held talks with Geithner, U.S. President Barack Obama's special representative.

As important G20 members, China and the United States should make joint efforts with the other members to ensure the success of the Los Cabos summit and to support strong, sustainable and balanced global growth, he said. The next G20 summit is scheduled to be held in Los Cabos, Mexico, in June this year.

During the talks, Wang hailed the momentum of economic cooperation between the two nations over the past year.

At the beginning of last year, Chinese President Hu Jintao paid a state visit to the United States, where Hu and Obama agreed to establish a partnership based on mutual respect and mutual benefit, setting the tone for China-U.S. ties.

"The Chinese side is willing to work together with the U.S. side to further cooperation in various fields including economy and trade, investment, finance and infrastructure, in order to spur the economy, increase jobs, and create more benefits for the people of the two nations," said the Chinese vice premier.

Wang also urged the United States to loosen export control of high-tech products to China and be cautious about the use of trade remedies, adding that he hopes that those Chinese enterprises that invest in the United States will enjoy fair treatment there.

Geithner said that the smooth development of relations between the United States and China is not only in the interests of the two nations, but also conducive to the recovery of the world economy.

The United States is willing to make joint efforts with the Chinese side to step up communication and cooperation and deepen the comprehensive and mutually beneficial economic partnership between the two nations, he added.

Geithner arrived in Beijing on Tuesday for a two-day visit, during which Chinese Premier Wen Jiabao, Vice President Xi Jinping and Vice Premier Li Keqiang will also meet with him.

Related stories

Editor:Zhang Hao |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program