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Li Keqiang Meets with President Barack Obama of the US

2014/11/12

In the afternoon of November 12, 2014, Premier Li Keqiang met with President Barack Obama of the US at the Great Hall of the People.

Li Keqiang expressed that China and the US share common interests and enjoy broad cooperation prospect in safeguarding world peace and stability, advancing a robust, sustainable and balanced global economy, progressing human civilization and other aspects. President Xi Jinping and Mr. President held a strategic meeting and reached broad consensus. As the largest developing country and the largest developed country respectively, China and the US should enhance strategic mutual trust, give full play to the complementary advantages of both sides, enrich the connotation of the new model of major-country relationship between the two countries, strengthen mutually beneficial and win-win cooperation, properly handle difference and conflict in the principle of mutual respect and equal treatment, and drive forward China-US relationship along the right track.

Li Keqiang stressed that China-US economic and trade cooperation is stabilizer and promoter of bilateral relationship and exerts a positive multiplier effect on it. I hope that both sides could reach a high-level, two-way and balanced investment agreement between the two countries at an early date with a practical and flexible attitude, further foster new growth points in bilateral trade, expand new space for cooperation in infrastructure construction, and uplift the level of scientific and technological cooperation. I hope that the US could take early and practical measures in easing its restrictions on the export of high-tech products to China. I hope that both countries could take the joint announcing of their respective post-2020 goals on coping with climate change as an opportunity to expand cooperation in shale gas, nuclear power, renewable resources, low-carbon and environment-friendly technology and other fields, setting a new benchmark for green economy, and that the US side could take positive attitude and practical actions in exporting to China related energy products and technology.

Li Keqiang noted that Mr. President and I are soon to attend the East Asia Summit in Myanmar. Both as important members of the East Asia Summit, China and the US should adhere to mutual respect and win-win cooperation as well as achieve a sound interaction in the region. China is willing to enhance communication and coordination with the US in international and regional affairs, so as to maintain and promote regional and global peace, development and prosperity together.

Obama said that the US and China are close cooperative partners. As the two largest economies in the world, the US and China expanding cooperation not only benefits their respective development but also conduces to the world. The US side stands ready to, together with China, speed up the negotiation on bilateral investment agreement, expand investment scale, advance trade liberalization, and strengthen cooperation in energy innovation and other fields, so as to push forward economic growth and employment in the two countries as well as economic recovery of the world. The US welcomes more Chinese enterprises to invest and develop in the country.

Vice Premier Wang Yang attended the meeting.

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