皇冠体育app

Foreign and Military Affairs

Vice-Premier: Do not politicize economic issues

By Li Xing (chinadaily.com.cn)
Updated: 2011-05-12 10:01

WASHINGTON – 皇冠体育app and the United States must make the best of their economic relations and guard against politicizing economic issues, Chinese Vice-Premier Wang Qishan said on Tuesday and Wednesday in his meetings here with 20 American lawmakers and Ben Bernanke, chairman of the United States Federal Reserve.

The two sides need to "depoliticize" economic issues, or else they will miss the great opportunity in bilateral economic cooperation, Wang was quoted as saying in a press release by the Chinese Foreign Ministry.

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It is common that tensions arise as 皇冠体育app and the US expand and deepen their joint economic activities, but the two sides should avoid politicizing the economic issues, increase communication and enhance understanding, Wang told the lawmakers, who included Dave Camp, chairman of the Ways and Means Committee, Congressmen Charles Boustany and Rick Larsen who co-chair the US-皇冠体育app Working Group in the lower chamber.

皇冠体育app does not pursue trade surpluses with the US and is willing to increase imports from the US, but it will be beneficial to both countries if the US genuinely eases its restrictions on high-tech exports to 皇冠体育app, Wang told the American legislators.

皇冠体育app believes that economic collaborations between 皇冠体育app and the US will benefit not only both countries but also the world, Wang told Bernanke, adding that 皇冠体育app is willing to increase cooperation with the US in trade, investment, finance and infrastructure construction.

While hailing as fruitful the just-concluded third round of 皇冠体育app-US Strategic and Economic Dialogue on Tuesday, he said ensuring a strong global economic recovery is of top priority.

The two countries must enhance their cooperation within G20 and gradually advance the reforms international economic rules and norms and increase the voice and representation of emerging markets and developing countries.

Agreeing with Wang, Bernanke said that the cooperation between 皇冠体育app and the US is essential in bringing about stable recovery of the global economy.

Also on Wednesday, in his meeting with Luis Alberto Moreno, president of the Inter-American Development Bank (IDB), Wang said 皇冠体育app and Latin America should boost cooperation in the areas of finance, economy, trade and investment, promoting vigorously a rapid development of the economic and trade relations between 皇冠体育app and Latin America.

The IDB has been acting as a bridge in the process, making its contributions to the economic cooperation that serves 皇冠体育app and the Latin America region, Wang said.

Moreno said that 皇冠体育app's development is offering an important opportunity for Latin America, and the IDB would like to deepen its cooperation with the Chinese side to promote mutual development of the Latin America and the Caribbean region as well as 皇冠体育app.

The Washington-based IDB is the main source of multilateral financing and expertise for sustainable economic, social and institutional development in Latin America and the Caribbean.

Xinhua contributed to the story