Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, July 30 (Xinhua) — Chinese Commerce Minister Wang Wentao met with a U.S. delegation led by Raj Subramaniam, chairman of the U.S.-China Business Council, in Beijing on Wednesday.
The parties exchanged views on issues of Chinese-American trade and economic relations, as well as on issues of developing enterprises with American capital in China.
Despite ups and downs, China and the United States remain important economic and trade partners for each other, Wang Wentao said. He stressed that severing ties and decoupling supply chains will not bring the desired result, and that equal dialogue and consultation are the key to resolving differences.
As Wang Wentao recalled, under the leadership of the heads of the two states, the countries reached consensus in the trade and economic sphere in Geneva and a framework agreement in London, and in recent days, the teams of the two sides held talks in Stockholm.
The Chinese Commerce Minister expressed hope that the United States will work with China to maintain stable, healthy and sustainable development of trade and economic relations.
Opening up is a fundamental national policy of China, and the country's doors will only open wider, Wang Wentao promised, adding that China's policy on using foreign investment has not changed and will not change.
He noted that China's consumer market remains one of the largest in the world, with huge growth potential and innovative vitality. The minister said China welcomes enterprises from all countries, including American-funded companies, to invest in China and share its development opportunities.
As R. Subramaniam noted in turn, the US-China Business Council is pleased to see that the trade and economic teams of the two countries are maintaining dialogue and achieving positive results.
China has sent a positive signal to the world that it will continue to deepen reforms and remain committed to opening up, and this has boosted market confidence, he said.
The US-China Business Council and its member companies are committed to long-term development in China and intend to play a constructive role in expanding bilateral trade and economic cooperation, R. Subramaniam emphasized. –0–
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