China Focus: Xi calls for steady development of Sino-U.S. ties

Chinese President Xi Jinping called for more communication and cooperation between China and the United States on Tuesday, urging the two sides to push for sustainable, healthy and steady development of bilateral relations.

Xi made the remarks during a meeting with former U.S. Secretary of Treasury Henry Paulson in Beijing.

Xi appreciated the positive efforts of Paulson and the Paulson Institute in promoting bilateral exchanges and cooperation.

At present, China-U.S. ties have a sound development, Xi said, noting that bilateral ties and cooperation on regional and global issues shows strong vitality in the process of building a new model of major-country relationship.

Xi said he and U.S. President Barack Obama reached important consensus on further promoting bilateral ties during their meeting in Washington in March.

Xi called on the two countries to make joint efforts to strengthen communication, focus on cooperation and manage their differences to push for sustainable, healthy and steady development of bilateral ties.

Xi briefed Paulson on China's economic situation, saying that China has ensured its economic and social development keeps steady despite the downward pressure of global economy.

Speaking of the 13th Five-Year Plan, Xi said China's development will be guided by the new vision of innovative, coordinated, green, open and shared development.

China will continue to advance supply-side structural reform, promote economic development quality and efficiency to form balanced development structure, Xi said.

The president reiterated that China's reform and opening up will never stop.

"We are willing to work with the U.S. side to expand mutually beneficial cooperation in finance and economy and advance regional and global economic development and cooperation," Xi said.

Paulson noted the importance of bilateral ties, saying that the achievements of bilateral cooperation in various fields such as trade and economy, environment and climate change have played a positive role in advancing U.S.-China ties.

In the face of uncertainties in world economy, China's perseverance in deepening reform and promoting restructuring is admirable, Paulson said.

China's further reform and opening up will provide more chances to the economic and trade cooperation between the two countries, Paulson said.

Paulson also urged the two sides to push ahead with the negotiations on a bilateral investment deal. Endit