The Chinese president said yesterday that China and the United States have “tremendous potential and promising prospects” to strengthen economic and trade cooperation, at a time when the two countries are trying to improve relations. “China will promote high-level development and open up to the outside world with an international, legal and market-oriented business environment. This will provide more opportunities for companies around the world, including US companies,” he said. congratulatory letter on the occasion of the 50th anniversary of the founding of the US-China Business Council.
The two countries have “huge potential,” “a broad space for cooperation” and “promising prospects” for strengthening economic and trade ties, he stressed, noting that these ties “are an important part of the relationship” and “brought many benefits.” “For both sides.
Xi Jinping also said he had “reached an important consensus” with his US counterpart, Joe Biden, during their November meeting on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco. “We had an in-depth exchange of views on important issues related to the development of China-US relations. We have reached an important consensus. “China is willing to work with the US according to the principles of mutual respect, peaceful coexistence and cooperation,” the Chinese president said.
China and the United States are trying to repair a relationship that has deteriorated in recent years, shaken by a protracted trade and technology war and disputes over Taiwan, the South China Sea or human rights. The two sides continue to disagree on many issues: For example, on Sunday the US called on China to end “dangerous and destabilizing” behavior in the South China Sea after an altercation between Chinese and Philippine ships in disputed waters .
Yesterday, China in turn urged the US to be “consistent” and “respectful” in economic relations with Beijing and not to impose sanctions on Chinese companies while “saying they want to cooperate” with the Asian country.
Foreign Ministry spokesman Mao Ning said at a news conference that China “has always believed that developing healthy and stable economic and trade relations with the United States benefits both countries and the world.”
Mao responded in this way to recent statements by US Treasury Secretary Janet Yellen, who said on Thursday that the excessive role of state-owned enterprises in China “limits growth” and that “excessive control” by the security apparatus “prevents investment”.
Washington also recently announced the inclusion of three Chinese companies on the list of entities sanctioned by the Uighur Forced Labor Prevention Law, which has already affected 30 companies since Biden introduced it in 2021 and has been heavily criticized by Beijing.
With agencies
Source: DN
