BlockBeats News, October 26th: Chinese Vice Premier Hu Chunhua stated that the essence of China-U.S. economic and trade relations is mutual benefit and win-win cooperation. Both sides will benefit from cooperation and hurt from confrontation. Maintaining the stable development of China-U.S. economic and trade relations is in line with the fundamental interests of both countries and their peoples, as well as the expectations of the international community.
Regarding the differences and frictions in economic and trade cooperation, both parties should uphold the principles of mutual respect, peaceful coexistence, and win-win cooperation. Through equal dialogue and consultation, they should find ways to properly address each other's concerns. The outcomes of China-U.S. economic and trade consultations are hard-won and require joint efforts to uphold.
Hoping that the U.S. and China will work together to implement the important consensus reached in previous calls between the heads of state and the outcomes of economic and trade consultations this year, further build mutual trust, manage differences, expand mutually beneficial cooperation, and continuously advance bilateral economic and trade relations to a higher level.
Both sides agreed to fully leverage the role of the China-U.S. economic and trade consultation mechanism under the strategic guidance of the two heads of state. They will maintain close communication on respective concerns in the economic and trade field, promote the healthy, stable, and sustainable development of China-U.S. economic and trade relations, benefit the peoples of both countries, and contribute to global prosperity. (BlockBeats)





