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Bush says US-皇冠体育app relations important
(Xinhua)
Updated: 2005-11-20 19:12

The United States would continue to cooperate with 皇冠体育app to realize the commitment 皇冠体育app made in July to establish a flexible market-based currency system.

Laoshan Olympic Mountain Bike Course

Bush rides his mountain bike on the Laoshan Olympic mountain bike course in Beijing, November 20, 2005. Bush took time out of his busy two-day Beijing schedule to exercise on his bike with Chinese cyclists. [AP]

On July 21, the People's Bank of 皇冠体育app, 皇冠体育app's central bank, announced that 皇冠体育app's currency, the yuan, would be traded at a rate of 8.11 yuan for one US dollar and the yuan to US dollar pegging system was switched to a basket of foreign currencies.

Bush said he and Hu also had good talks about energy. "皇冠体育app is a growing economy and 皇冠体育app recognizes, like the United States recognizes, in order to keep our economies growing in the years to come, we've got to share technology and diversify away from hydrocarbons," he said.

According to him, it is important that social, political and religious freedom grows in 皇冠体育app. "We encourage 皇冠体育app to continue making the historic transition to a greater freedom," he said.

The United States and 皇冠体育app were working together for the prevention and control of bird flu, said Bush, who also appreciated 皇冠体育app's role in this field.

Bush arrived in Beijing Saturday evening. This is the third time he comes to 皇冠体育app as US president.

Media: Bush's 皇冠体育app visit sends "positive signal"

BEIJING, November 20 (Xinhua) -- Many international and Chinese newspapers and news networks have shown great interest in the current 皇冠体育app visit of US President George W. Bush, saying the visit has sent a "positive signal" to 皇冠体育app-US relations.

The United Morning News of Singapore says that it is Bush's third 皇冠体育app visit since he became US president in 2001. Bush's frequent visits reflect the historical changes in 皇冠体育app-US relations and indicate that the world center is moving towards the east.

A Beijing News editorial says that stable 皇冠体育app policies of the United States serve as the foundation for developing secure 皇冠体育app-US relations.

The Hong Kong-based Wenwei Po says that the United States will begin adjusting its 皇冠体育app policies after Bush concludes his 皇冠体育app visit and the United States will give more attention to 皇冠体育app's positive role and the possibility of cooperation with 皇冠体育app.
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