Off the wire
• Urgent: UN Security Council slams terrorist bomb attack on Chinese Embassy in Kyrgyzstan  • China Eastern Airlines to provide direct flights from China's Hangzhou to Sydney, Australia  • Indian stocks open higher  • Multinational operation smashes firearm smuggling ring in Australia  • S.Korea's Q2 GDP posts highest growth in 3 quarters  • (G20 Summit) Commentary: Time for global governance reform to catch up  • China Focus: Reconstructing the global value chain -- a vision for the G20 summit  • Wilson Security to pull out of Aussie offshore detention centres  • UN Security Council voices "deep concern" on post-poll violence in Gabon  • Tokyo shares slightly higher by break following halt of yen's depreciation  
You are here: 　 Home

China looks forward to fruitful Xi-Obama meeting: official

Xinhua, September 2, 2016 Adjust font size:

China hopes the upcoming meeting between Chinese President Xi Jinping and his U.S. counterpart Barack Obama can yield bountiful results, a Chinese official said Friday.

Zhu Guangyao, China's vice finance minister, said at a press conference that the country looks forward to fruits both in bilateral cooperation and in policy coordination on multilateral occasions, including the upcoming G20 summit scheduled on Sept. 4-5 in Hangzhou.

During a meeting with Obama earlier this year, Xi stressed the importance for China and the United States to be firmly committed to the right direction of building a new model of major-country relations, and follow the principles of non-conflict, non-confrontation, mutual respect and win-win cooperation.

Xi also attaches great significance to Sino-U.S. economic ties, and the two economies are now closely interrelated, Zhu said.

Both countries have realized that their economic prosperity relies heavily on each other's development, "and thus both countries treasure the hard-earned close economic relations," Zhu said.

In 2015, the bilateral trade between the two countries reached 558.4 billion U.S. dollars, slightly up by 0.6 percent from a year earlier, data from the Ministry of Commerce showed. Endi