http://news.xinhuanet.com/english/2009-11/18/content_12485458.htm
BEIJING, Nov. 18 (Xinhua) -- China disagrees to the suggestion of a
"Group of Two" (G2), Chinese Premier Wen Jiabao said at a meeting with
visiting U.S. President Barack Obama here on Wednesday.
China is still a developing country with a huge population and has
a long way to go before it becomes modernized, Wen said, stressing "We
must always keep sober-minded over it".
China pursues the independent foreign policy of peace and will not
align with any country or country blocks, Wen said.
Global issues should decided by all nations in the world, rather
than one or two countries, he added.
"Meanwhile, we believe Sino-U.S. cooperation can play a unique
role in advancing the establishment of the new international political
and economic order, as well as promoting world peace, stability and
prosperity," Wen said.
Wen noted that the bilateral trade volume between China and the
United States has increased greatly since the two countries
established diplomatic ties 30 years ago.
"This is in the fundamental interests of both countries and their
people," Wen said. "We do not pursue trade surplus and I hope the
United States would lift its policy of restricting high-tech products
exports to China and increase their proportion in the U.S. exports to
China.
"Meanwhile, our two countries should strengthen mutual investment
and cooperation in such fields as energy, environmental protection and
high technology for a more balanced bilateral trade," Wen said.
The revival of world trade and investment is beneficial to the
global effort to cope with the financial crisis and help accelerate
the recovery of the world economy, he said.
"China and the United States should work together to fight against
protectionism in trade and investment," Wen said.
Obama, who described U.S.-China relations as of global
significance, said U.S.-China cooperation is crucial as far as major
global issues such as economic recovery, climate change and regional
and global peace are concerned.
He hoped the two countries would abandon distrust and
misunderstanding, strengthen exchange and cooperation, so as to push
U.S.-China relations forward.
The United States appreciates and supports the Chinese
government's efforts in developing the economy and reducing poverty,
said Obama, adding that the development of China is beneficial to the
world.
The United States and China are important trade partners for each
other, which has brought huge benefits to both countries, while trade
protectionism does no good to either side, Obama said.
He said the United States appreciates China's efforts to adjustthe
economic structure, expand domestic demand, protect intellectual
property rights and reform the Renminbi exchange rateregime.
The United States would properly handle bilateral trade frictions
so that they would not harm the interests of the two countries, Obama
said.
The United States has noted China's concern over the export
control to China and is willing to take measures and increase high-
tech product exports to China, he added.
Before their formal meeting in the State Guesthouse Wednesday
morning, Wen said Obama's fruitful visit, the first state visit to
China since he took office in January, would be of far-reaching
significance.
He expressed his "sincere hope" that Obama's China visit would
lift the comprehensive and cooperative China-US relations to a new
level.
"The history of Sino-US relations has made it clear that
cooperation benefits both sides while confrontation results in harms,
and mutual trust brings progress while suspicion causes setbacks," Wen
said.
Cooperation is better than containment, dialogue is better than
confrontation, and partnership is better than rival ship, he added.
Wen and Obama also exchanged views on global climate change, the
Korean Peninsula situation, the Middle East issue and Doha round of
world trade talks.
Obama arrived in Shanghai on Sunday night to kick off his four-day
visit to China, where on Monday he met with municipal officials and
college students and then flied to Beijing in the afternoon.
On Tuesday in Beijing, Chinese President Hu Jintao held talks with
Obama, and they reached a wide range of agreements on furthering
strategic mutual trust, maintaining exchanges at all levels and
meeting global and regional challenges together.
A joint statement was issued after the talks.
Obama also met with China' top legislator Wu Bangguo during his
stay in Beijing.
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