Chinese premier Wen Jiabao Thursday urged exploring efficient ways to conduct large-scale cooperation between China and the United States in finance and trade.

Wen made the remarks during the first round of dialogues between China-U.S. business leaders and former government officials in Beijing.

"Chinese and US economies are complementary, therefore China's policies to boost domestic consumption and encourage technological innovation offer greater opportunities for US companies as well," said Wen.

The world economy is recovering slowly and still faces numerous unstable and uncertain factors, he said. Therefore, Wen called for confidence to set the direction of macroeconomic policies and enhanced cooperation among nations to promote the rebound of world economy.

"Major economies not only need to address the key problems in their economic development, but also need to prevent bringing negative impact on world economy," Wen noted.

China will firmly adhere to the opening-up strategy that creates benefits for both China and the U.S., continue to improve rules and regulations concerning foreign businesses, said Wen.

Over 20 former Chinese and U.S. government officials and business leaders participated in the first round of dialogues scheduled on Thursday and Friday.

Among those present were former Chinese Vice Premier Zeng Peiyan, Vice Chairman Tung Chee-hwa of the National Committee of the Chinese People's Political Consultative Conference, President of the U.S. Chamber of Commerce Tom Donohue, former U.S. Secretary of Commerce Carlos Gutierrez and former U.S. National Security Advisor Sandy Berger.

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