Sunday, December 12, 2010

Hu Jintao: United States quantitative easing policy should take account of developing countries

President Hu Jintao met with 11 November in Seoul United States President Barack Obama. Two heads on Sino-US relations and the common interest of major international and regional issues in-depth exchange of views, it was agreed that the relations between the two countries and the world is of great significance, agreed to jointly promote Sino-US relations to achieve greater development.

Hu Jintao pointed out that through joint efforts, the steady development of Sino-US relations, the two countries high-level contacts and close consultations with the other levels, bilateral economic and trade, energy, environment, humanities, counter-terrorism, law enforcement, exchanges and cooperation in the areas of deepened. The two major international and regional issues, and maintain communication and coordination. Humanity is about to enter the 21st century, the second 10 years. The face deep complex international situation changes, how to promote a higher level of active cooperation and comprehensive u.s.-China relations, the common interests of both sides in the areas of partnership is our major tasks facing. This not only relates to their country's future, the future of the entire world is far-reaching. China is willing to join with us to strengthen dialogue, communication, cooperation, respect each other's core interests, promote Sino-American relations sustained a healthy and stable future.

Obama said, is very pleased with Hu Jintao held its seventh meeting. In recent years, the United States and efforts to promote the development of bilateral relations, promotion of pragmatic cooperation in various fields, strategic and economic dialogue on bilateral relations and international and regional issues for extensive consultations, the relations between the two countries remain strong sound momentum of development. Us willing to promote the world economy is strong, sustainable and balanced growth to strengthen cooperation with China. The United States looked forward to their continuing dialogue and consultations to promote the further development of relations between the two countries.

Hu Jintao pointed out that the Chinese Government hoped that the United States pursues an active and constructive policy towards China, commitment to the stability and development of Sino-US relations. Facing the constantly changing international and regional situation, should be mutual trust, come together to respond to the growing number of global challenges, better benefit the American people and peoples. The next stage, the Sino-US relations are facing new opportunities for development. We hope that both sides will seize the opportunity to further promote exchanges and cooperation in all fields, keep the positive development of bilateral relations.

Hu Jintao pointed out that the Sino-US trade relations to obtain a new development, has been restored to the international financial crisis levels. United States exports to China continued to grow at a fast pace, clearly higher than the United States to other key trading partners of export growth. The Chinese side has two countries greater fiscal, financial, economic and trade cooperation have proposed jointly strive to do the work.

Obama said that to achieve sustainable global economic recovery is the United States the most important international economic policy objectives. Want to work together to promote their own domestic economic structural adjustment. United States is committed to strengthening bilateral economic and trade cooperation to achieve win-win.

Hu Jintao said that China is willing to continue to trade with the United States to engage in constructive dialogue to find a proper solution to their differences. China in June of this year on further advancing the reform of the Renminbi exchange rate mechanism of the decision is in the economic, employment and the complexity of the situation facing the backdrop, it is not easy. China to promote the reform of the Renminbi exchange rate regime is unswerving determination, but the reform needs good external environment can only be an incremental advance. The hope that the United States, as soon as possible to relax the China high-tech products export restrictions to take concrete action, giving China to the United States investment enterprise level playing field, with China to promote bilateral economic and trade relations between the healthy and stable development. China United States recent quantitative easing is concerned, the relevant policy should take account of emerging market countries and developing country interests.

Obama said that President Hu Jintao will next year United States, and ensure the success of this visit is the US-China relations and the United States foreign policy priority.

Hu Jintao said that Governments should create a good atmosphere, creating favourable conditions, to work together to ensure the success of this visit, the two sides is committed to strengthening friendship and cooperation and in the United States in the world to play a constructive, responsible nation of information passes to the people and the international community.

The two sides also Korean peninsula, Iran nuclear issue, etc.

Wang Qishan,, Wang huning, Dai bingguo, meeting.

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