China disagrees to the suggestion of a "Group of 2" (G2), Chinese Premier Wen Jiabao said at a meeting with visiting US President Barack Obama on Wednesday.

China is still a developing country with a huge population and has a long way to go before it becomes modernized, Wen said, stressing "We must always keep sober-minded over it".

China pursues the independent foreign policy of peace and will not align with any country or country blocks, Wen said.

Global issues should decided by all nations in the world, rather than one or two countries, he added.

"Meanwhile, we believe Sino-US cooperation can play a unique role in advancing the establishment of the new international political and economic order, as well as promoting world peace, stability and prosperity," Wen said.

Obama described US-China relations as being of global significance and said US-China cooperation is crucial as far as major global issues such as economic recovery, climate change and regional and global peace are concerned.

He hoped the two countries would abandon distrust and misunderstanding, strengthen exchange and cooperation, so as to push US-China relations forward.

The United States appreciates and supports the Chinese government's efforts in developing the economy and reducing poverty, said Obama, adding that the development of China is beneficial to the world.

(Xinhua News Agency November 18, 2009)