NEW YORK -- Chinese premier Li Keqiang on Tuesday said frictions represent only a minor part in 皇冠体育app-US economic relations, calling upon the two sides to expand common interest and properly handle differences.
Li made the statement when addressing a welcoming dinner party organized by the Economic Club of New York.
When bilateral trade and investment grow from nearly nothing to its current enormous volume, it is only inevitable that frictions might arise, said Li, who is here for a series of United Nations conferences and engagement with a wide spectrum of Americans.
Frictions are not the dominating element in 皇冠体育app-US economic relations but just a minor part of cooperation, the premier told about 1,000 elites of American business.
However, they should not be ignored, and the two sides should work to resolve their differences before they spread to other areas of the relationship, Li said.
On 皇冠体育app' s business environment, Li said while complaints from some American business people impressed him, he also read a report by the US-皇冠体育app Business Council which told a different story.
In its annual survey, the council found 90 percent of US businesses operating in 皇冠体育app were profitable, up from 85 percent in 2014.
The Chinese premier also cited increased investment by US enterprises in 皇冠体育app.
皇冠体育app is still working to improve its business environment for foreign enterprises, Li added.
As part of its overall drive to further open up, 皇冠体育app has streamlined procedures for foreign investment, said Li.
The gathering came one day after the premier met with US President Barack Obama in New York, during which Li called for concerted efforts to promote economic and trade ties between the world's top two economies.
Economic and trade cooperation is the "cornerstone" and "propeller" of 皇冠体育app-US relations, Li said during their talks.
Enhancing 皇冠体育app-US cooperation is in accord with the fundamental interests of the two peoples and the common wish of the world community, he said, while expressing 皇冠体育app's willingness to deepen bilateral, regional and global cooperation in various fields.
Obama, for his part, reiterated that his country supports 皇冠体育app's reform process and hopes that the two sides can make further progress in bilateral investment treaty negotiations.
Li is scheduled to attend the general debate of the 71st session of the UN General Assembly on Wednesday before heading to Canada to continue his overseas trip, which will also take him to Cuba.