Press conference on economic outcomes achieved during China-US presidential meeting in Beijing
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E-mail China.org.cn, November 11, 2017
Xinhua News Agency:
In your introduction, you mentioned that China will continue to open up in more sectors, including the finance and automobile sectors. My question is, what is the biggest benefit China would gain from the meeting between President Xi and President Trump. And what are the mutual benefits?
Zhu Guangyao:
The meeting between the two presidents is based on mutual respect. The two sides had sincere and frank talks on issues of concern. That means all issues of common concern of both parties were laid on the table. The two sides were both clear that our common goal is to maintain the sound development of Sino-U.S. economic ties, and the bilateral relationship as a whole.
Both presidents have stressed that Sino-U.S. cooperation has a significant impact on the wellbeing of the two peoples as well as on the peace and development of the whole world. Both sides have their aspirations for economic policies. Such aspirations reflect their confidence in each other's markets. American corporations want to be more involved in the Chinese market, eyeing up the opportunity to open more factories and ventures in China. Meanwhile, Chinese entrepreneurs want to invest more in the U.S., and carry out cooperation with U.S. counterparts in the U.S. or in third-party countries. This all results from their mutual confidence in each other's markets and development paths. Based on this confidence, the meeting has lifted the closely related bilateral ties, especially the economic ties, to a higher level.
President Xi pointed out in his report to the 19th CPC National Congress that China will work toward a new form of international relations featuring mutual respect, fairness, justice, and win-win cooperation. The Chinese side will unswervingly follow this principle in conducting negotiations with the U.S. I'm sure this will definitely bring benefits to both Chinese and U.S. peoples and, furthermore, make contributions to the peace and development of the world.
Why has the international community paid such close attention to this meeting and the results it has yielded? Because China and the U.S. are the two biggest economies in the world. As the biggest developing country and the biggest developed country, China and U.S. have their respective responsibilities. President Xi stressed that we have 1,000 reasons to maintain a good relationship between China and the U.S., and not one reason to spoil it, with which, I think, President Trump may have also agreed.
Yesterday, at the state dinner hosted by President Xi, President Trump played a video of his granddaughter Arabella singing Chinese songs and reciting Chinese poems, which was applauded by all the attendees. In her tender voice, Arabella started by greeting "Grandpa Xi and Grandma Peng" in authentic Chinese. Her performance at once brought closer the affection between the Chinese and American peoples. I think the video revealed that President Trump and his family highly value Chinese culture and his belief in the future of bilateral ties, and more importantly, his effort in pushing forward China-U.S. relations.
In his toast at the dinner, President Trump said that the two countries will make efforts to achieve a more just, secure, and peaceful world and a future based on the dreams of our children. I can tell you all that the meeting between the two presidents is of historic significance. From Arabella's video, the performances by the Chinese children at the state dinner, and the interaction between the two presidents and the Chinese children, we can see that the two leaders care much about the future generations of the two countries, and about the world peace and development. I think that is the biggest achievement of the meeting. Thank you.
Xi Yanchun:
Because time is limited, the briefing will end now. If you have other questions, you may contact the news office of the Finance Ministry. Thanks again to Mr. Zhu and all present.
By Li Xiaohua, Zhang Liying, Li Jingrong, Cui Can, Wu Jin, Guo Yiming, Ma Yujia, Zhang Jiaqi, Zhang Rui, Huang Shan, Zhou Jing, He Shan, Chen Xia, Wang Wei, Xu Lin, Layne Flower, Christopher Georgiou, Geoffrey Murray
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