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1st LD-Writethru: Xi calls on China, U.S. to reach bilateral investment treaty

Xinhua, September 3, 2016 Adjust font size:

President Xi Jinping on Saturday called on China and the United States to work together and strive to reach a "reciprocal and win-win" bilateral investment treaty as soon as possible.

Xi made the remarks while meeting his U.S. counterpart Barack Obama in Hangzhou on the eve of a G20 summit.

Xi stressed that China's fundamentals for long-term economic growth remain sound. China will adhere to the macroeconomic policy of making progress while maintaining stability, and firmly advance the supply-side structural reform.

China will stick to the direction of opening up and reform, and further facilitate foreign investment access. China welcomes foreign enterprises to invest in the country, and will continue to provide them with favorable business environment, Xi told Obama.

Xi expressed the hope that the two sides make joint efforts to reach a reciprocal and win-win bilateral investment treaty as soon as possible. Endi