China values U.S. willingness to address trade friction through dialogue, communication: premier

Updated 2018-04-27 08:39:06 Xinhua

Chinese Premier Li Keqiang (R) meets with Elaine Chao, the U.S. secretary for transport, who is in Beijing for the ninth annual meeting of the China-U.S. Transportation Forum, in Beijing, capital of China, April 26, 2018.(Xinhua/Rao Aimin)

China values the willingness the United States has shown to address the current trade friction through dialogue and communication, Premier Li Keqiang said Thursday, adding that China's door for negotiation was always open.

Li made the remarks when he met with Elaine Chao, the U.S. secretary for transport, in Beijing.

U.S. President Donald Trump said Tuesday that Treasury Secretary Steven Mnuchin and U.S. Trade Representative (USTR) Robert Lighthizer would travel to China in a few days for trade talks.

Li said the essence of China-U.S. economic and trade cooperation was mutually beneficial and win-win cooperation.

"There is no winner in trade conflict, which will not only affect the recovery of the world economy but also the global industrial chain," he said, adding that solutions can only be found when both sides sit down for dialogue.

Li said it serves the interests of both countries to maintain a steady and sound growth of bilateral relations.

"It is also what the international community expects from our two countries," he said.

Li said President Xi Jinping had met and held phone conversations with President Donald Trump for many times, and both countries should follow the important consensus reached by the two heads of state and view China-U.S. relations in a "correct way."

"As the largest developing country and developed country in the world, China and the United States are highly complementary in the economy," Li said.

He expressed the hope that the two countries could "work together in the spirit of mutual respect, and equal consultation to increase consensus and manage and control differences."

"China will unswervingly open further to the outside world, which will unleash huge market potential," Li said, adding that he hoped countries including the United States would grasp the opportunities and benefit more from China's opening-up.

"China also stands ready to promote cooperation with the United States in transportation, such as autonomous driving," he added.

Chao, who was in Beijing this week for the ninth annual meeting of the China-U.S. Transportation Forum, congratulated China on maintaining an economic growth rate of 6.8 percent in the first quarter of this year.

The United States and China had fruitful consultation during the forum, exchanging in-depth views on safety, infrastructure and new technologies like autonomous driving, Chao said, adding that the United States looks forward to enhancing cooperation with China in related areas.

Noting that U.S-China relations were at a crucial stage, Chao said she hoped the consultation between two countries on economic and trade issues could yield positive results.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58March 22 2019 21:59:31

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16March 22 2019 21:59:31

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18March 22 2019 21:59:31

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

China World Business Sports Showbiz Audio
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
China World Fun Travel Entertainment Sports
Beijing Shanghai Guangzhou
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords