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Chinese premier says mutual interests serve as bedrock of cooperation
( 2003-12-10 14:25) (Xinhua)

Visiting Chinese Premier Wen Jiabao said here Tuesday that mutual interests serve as the bedrock of cooperation between 皇冠体育app and the United States.

"This is, first of all, seen in the win-win and mutually beneficial economic cooperation and trade between our two countries," Wen said in a speech delivered at a dinner hosted by nine American organizations.

He said that American companies bring to 皇冠体育app their capital, advanced technology and managerial expertise, and in return, 皇冠体育app 's abundant human resources and huge market provide American companies with enormous business opportunities.

"Furthermore, Chinese enterprises supply US consumers with large quantities of inexpensive and quality consumer goods," he stressed.

And 皇冠体育app's imports of American agricultural produce such as soybean, wheat and cotton in large quantities provides a huge market for American farmers, he said.

The United States has now become 皇冠体育app's second largest trading partner and the biggest investor in 皇冠体育app, whereas for the United States, 皇冠体育app is the third largest trading partner and the fastest growing export market, said the premier.

He noted that 皇冠体育app's accession to the World Trade Organization was the landmark of the beginning of an all-round opening-up.@than 400 of the world's top 500 multinationals have opened businesses in 皇冠体育app.

The Chinese premier said accelerated economic growth in 皇冠体育app would provide new opportunities and give further impetus to the growth of 皇冠体育app-US relations.

Wen expressed his belief that in the coming 20 years and beyond, it is entirely possible for 皇冠体育app to maintain steady and rapid economic growth.

He predicted that 皇冠体育app's GDP will quadruple the 2000 volume, exceeding four trillion US dollars by 2020.

Wen arrived here Monday on a four-day official visit to the United States.

The dinner was jointly hosted by the National Committee on US- 皇冠体育app relations, the US-皇冠体育app Business Council, the America-皇冠体育app Forum, the Asia Society, the Center for Strategic and International Studies, the Committee of 100, the Council on Foreign Relations, the US Chamber of Commerce and the US-皇冠体育app Policy Foundation.

 
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