WASHINGTON, May 11 -- Chinese Vice Premier Liu He said Friday that cooperation is the only right choice for China and the United States, but China will not compromise on major issues of principle.
China-U.S. relations are of great importance, Liu said in a group interview with Chinese media after the conclusion of the 11th round of high-level economic and trade consultations between the world's top two economies, which took place on Thursday and Friday in Washington.
Economic and trade relations serve as the ballast and propeller of the overall China-U.S. relationship, and matter not only to bilateral ties, but also to world peace and prosperity, added Liu, also a member of the Political Bureau of the Communist Party of China (CPC) Central Committee.
Cooperation is the only right choice for the two sides, but it has to be based on principles, said the vice premier, who heads the Chinese side of the China-U.S. comprehensive economic dialogue.
China, he stressed, will never make concessions on major issues of principle.
The Chinese delegation came to Washington for the latest round of talks with sincerity, and held candid and constructive exchanges with the U.S. side, Liu said, adding that the two sides agreed to continue to push forward the consultations.
China strongly opposes U.S. tariff hikes, which are harmful not only to China and the United States, but to the world at large, and China will have to take necessary countermeasures, he added.
Stressing that any agreement must be equal and mutually beneficial, Liu said that the two sides have reached important consensus on many aspects, but there remain three core concerns of China that must be addressed.
The first is to remove all the additional tariffs, he said, adding that the levy of those tariffs is the starting point of the ongoing bilateral trade dispute, and must be totally revoked if the two sides were to reach a deal.
The second is that the amount of purchases should be realistic, he said, adding that the two sides reached consensus on the volume in Argentina, and should not change it randomly.
The third is to improve the balance of the wording of the text, he said, adding that every country has its dignity, the text must be balanced, and more discussions are needed on some critical issues.
Noting that it is just normal that there have been some ups and downs in bilateral consultations since last year, Liu pointed out that it is irresponsible to casually accuse one party of "backtracking" while the two sides are still in the process of negotiation.
As for China, the vice premier said the most important thing is to focus on its own business.
China enjoys huge domestic market demand, the implementation of the supply-side reform will comprehensively boost the competitiveness of Chinese products and enterprises, and there is still ample room for fiscal and monetary policy manoeuvres, he said, adding the Chinese economic prospect is very optimistic.
Liu pointed out that it is a good thing for a major country to encounter some twists and turns in its development, as they can serve as an ability test.
Under the strong leadership of the CPC Central Committee with Xi Jinping at the core, as long as the Chinese people have firm confidence and make joint efforts, China is not afraid of any difficulties, and will certainly be able to maintain the good momentum of sustained and sound economic development, he added.
The Balance Between Study and Amusement 学习与娱乐之间的平衡
国际英语资讯:Feature: DPRK tourism thriving among Chinese thanks to historical links
国际英语资讯:Rwanda looks to first China-Africa trade expo to advance local products
国内英语资讯:Beijing sets up investment fund for its sub-center
求职者看过来!破解最常见的五个面试问题
国际英语资讯:11 centers set up to fight cholera in Idai-hit areas of Mozambique: UN
体坛英语资讯:Buffon to leave PSG without contract extension
国际英语资讯:British lawmakers reject all four Brexit options in second round of unbinding vote
国内英语资讯:China ready to play bigger role in promoting peacekeeping operations: Chinese Lt. Gen.
体坛英语资讯:China confirmed as host of AFC Asian Cup 2023
国际英语资讯:Interview: China-Africa expo to boost economic and trade ties
体坛英语资讯:French Open whole matchday cancelled through rain
国际英语资讯:Worlds largest industrial show opens in Hanover
国际英语资讯:Dozens killed in clashes between troops, rebels in south Yemen
国内英语资讯:2019 China-New Zealand Year of Tourism kicks off
哪些瓜果的皮能吃,但没人知道?
BBC推荐:四月份最值得一看的4部电影
国际英语资讯:Interview: American farmer expects U.S., China to ink trade deal before planting season
国内英语资讯:China to improve peoples livelihood with intensified efforts
国际英语资讯:4 killed in clashes with Israeli soldiers in eastern Gaza: medics
国际英语资讯:Zelensky, Poroshenko advance to second round of Ukraines presidential election: exit poll
国内英语资讯:China launches new data relay satellite
国际英语资讯:U.S. envoy says Washington seeks new deal with Tehran
国内英语资讯:Interview: Chinas BRI creates tremendous opportunities for cooperation, expert says
体坛英语资讯:Boe sweeps mens globes in biathlon World Cup
国内英语资讯:FM Wang Yi holds talks with Dutch counterpart
研究显示 25岁和55岁最具创新力
国内英语资讯:Economic Watch: Robust factory, service activities show stable economic fundamentals
国际英语资讯:Chinese delegation follows up on Lebanons new conservatory
1个月不吃甜食会怎样?竟然性情大变