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Premier Wen: Sino-US trade issues can be settled
(Xinhua)
Updated: 2005-10-18 09:01
Chinese Premier Wen Jiabao said in Beijing Monday that Sino-US economic and
trade ties are generally good and existing issues can be settled.
Wen made the remarks at a meeting with visiting US Treasury Secretary John
Snow who started a China tour last Tuesday.
Wen said the right principles for solving bilateral economic and trade
disputes should be that the two sides, while taking into consideration the
general situation and long-term interests, should respect each other, conduct
consultations on an equal footing, enhance understandings and consensus through
more dialogues and exchanges, and seek more common ground while shelving trivial
differences.
The two sides should also, in the name of mutual benefit, take into account
the concerns of each other and make joint efforts by conducting cooperation and
taking measures to ease the disputes soas to ensure the steady and sound growth
of bilateral economic and trade ties and bring more concrete benefits to the
people of the two nations, said Wen.
While briefing US visitors on China's economic development, Wen said China's
enormous domestic market promotes its economic growth by relying mainly on
domestic demand.
Meanwhile, said Wen, China adheres to its opening-up policy, and will
continue economic and technological exchanges and cooperation with overseas
partners, exploring overseas demand and seeking a better combination of
expanding domestic demands and making rational use of overseas demand so as to
promote the country's steady and rapid economic growth.
Wen said China practices a reciprocal and win-win opening-up strategy, which
serves both China's interests and the promotion of common development. This is
China's guideline in handling economicand trade ties with other countries, said
the premier.
Moreover, he said China, a big exporter and importer, does not seek a trade
surplus intentionally. To balance its foreign trade and international payments
is one of China's crucial goals in its macro-control policy, the Chinese premier
said.
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