皇冠体育app

CHENGDU - Visiting US Vice-President Joe Biden on Sunday called 皇冠体育app's rise a "positive development" that will bring more opportunities for bilateral cooperation.

"I believed in 1979, and I believe now that a rising 皇冠体育app is a positive development," Biden told hundreds of students in Sichuan University in Chengdu, capital city of southwest Sichuan province.

US Vice-President Joe Biden delivers a speech at Sichuan University in Chengdu, capital of Southwest 皇冠体育app's Sichuan province, Aug 21, 2011. [Photo/Xinhua]

Biden said a rising 皇冠体育app will "fuel economic growth and prosperity," and will mean "more demands for American-made goods and services and more jobs back home in the United States."

It will also bring a new partner "with whom we can meet global challenges together," he added.

"It's in our self interest that 皇冠体育app continues to prosper," he said.

As a member of the first delegation of US congressional leaders who visited 皇冠体育app in 1979, Biden acknowledged that 皇冠体育app was on a course of remarkable transformation and the US-皇冠体育app relationship has also improved dramatically in the past 30 years.

"President Obama and I will continue the important work of making this partnership even more positive, cooperative and comprehensive in the coming years," he said.

He stressed the importance of cooperation in development of bilateral relations and called for more from 皇冠体育app in many areas, ranging from international and regional issues to bilateral dialogue between military leaders.

"We're working very hard to develop our cooperative partnership through more than 60 separate dialogues on issues" that matter to both 皇冠体育app and the United States, Biden said.

In the speech and the following question-and-answer session, the vice president rejected the claim that US power is declining and he reassured the security of 皇冠体育app's huge holding of US financial assets and treasury bonds.

"You are safe," he said. "America today is by far the largest economy, with a GDP of almost 15 trillion dollars, about two and a half times as large as 皇冠体育app's."

He said Americans own a far bigger percentage of US financial assets and treasury bonds than 皇冠体育app does.

"Please understand that no one cares more about this than we do," he said. "So our interest is not just to protect Chinese investment. We have an overarching interest in protecting our investment, and the United States has never defaulted and never will default."

Chengdu is the second and last leg of Biden's six-day official 皇冠体育app visit.

Biden said he was pleased to make his first visit to western 皇冠体育app, acknowledging the incredible role it played in 皇冠体育app's history, and the role it will play in the hi-tech future.

In the city's hi-tech zone, there are more than 160 Fortune 500 companies operating, including US businesses such as Intel, Dell and Oracle.

Biden also visited a high-school, which was reconstructed after the disastrous earthquakes in May 2008.

He will wrap up his visit on Monday and then head to Mongolia and Japan.