The Hindu : Business : Wen holds talks with U.S. trade officials

Online edition of India's National Newspaper
Tuesday, Jul 12, 2005

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Wen holds talks with U.S. trade officials

The Chinese premier favours bilateral trade focus on long term benefits

BEIJING: Chinese Premier Wen Jiabao said here on Monday that China and the United States should properly handle problems in their trade and economic cooperation through fair dialogue and consultation.

Wen made the marks when meeting with US Secretary of Commerce Carlos Gutierrez, Trade Representative Robert Portman and Secretary of Agriculture Michael Johanns, who are here for a China-US trade and economic joint committee annual meeting.

"Trade and economic cooperation are important component parts of Sino-U.S. relations and a concrete indication of the two countries' interests," Mr. Wen said.

The Chinese premier urged the two countries to deal with bilateral trade and economic ties with regard to long-term benefits and from a global point of view.

Mr. Gutierrez said that at the one-day annual meeting of the U.S.-China Joint Commission on Commerce and Trade (JCCT) two sides had a "very honest and frank'' dialogue.

Mr. Portman said the JCCT meeting resulted in steady progress in many fields.

Johanns said he was optimistic about the future development of U.S.-China agricultural trade.

The JCCT meeting, involving Chinese Vice-Premier Wu Yi and the U.S. officials discussed a number of hot trade issues ranging from textile disputes to intellectual property rights protection.

The U.S. is now China's second largest trading partner after the European Union while China is the third largest trading partner of the U.S.

— Xinhua

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