China, US to join forces on econ­omy

Se­cond meet­ing of pres­i­dents pro­motes trade, mil­i­tary plans

China Daily (Hong Kong) - - FRONT PAGE - By ZHANG YUNBI in Bei­jing and AN BAIJIE in Ham­burg zhangyunbi@chi­

The lat­est meet­ing be­tween Pres­i­dent Xi Jin­ping and his US coun­ter­part, Don­ald Trump, was pro­duc­tive and re­as­sur­ing to the world, ex­perts said, as it con­firmed on­go­ing dis­cus­sions about an am­bi­tious eco­nomic co­op­er­a­tion plan and a se­quence of meet­ings in­volv­ing se­nior mil­i­tary of­fi­cers.

The two pres­i­dents’ se­cond meet­ing this year, on the side­lines of the G20 Sum­mit in Ham­burg, Ger­many, took place amid wide­spread con­cern about ten­sions on the Korean Penin­sula and a US war­ship’s re­cent in­tru­sion into Chi­nese wa­ters in the South China Sea.

Both lead­ers agreed to main­tain close high-level con­tact and to re­in­force strate­gic mu­tual trust, a news re­lease from the For­eign Min­istry said.

The first round of a com­pre­hen­sive eco­nomic di­a­logue was set for July 19, and Bei­jing and Wash­ing­ton will launch at an early date their first law en­force­ment and cy­ber­se­cu­rity di­a­logue, as well as their first so­cial and cul­tural di­a­logue, it said.

Dur­ing his meet­ing with Trump, Xi noted that the two sides are dis­cussing a one-year co­op­er­a­tion plan, and that the 100-day eco­nomic co­op­er­a­tion ac­tion plan ini­ti­ated af­ter the meet­ing with Trump at Mar-a-Largo in April has made new progress.

On mil­i­tary-to-mil­i­tary re­la­tions, Xi pro­posed that the two coun­tries’ de­fense min­is­ters ex­change vis­its as soon as pos­si­ble. He called for con­certed ef­forts on such mat­ters as the visit to China in Au­gust by the chair­man of the US Joint Chiefs of Staff, the first di­a­logue be­tween the joint staffs of the two coun­tries’ mil­i­taries in Novem­ber and the Chi­nese Navy’s par­tic­i­pa­tion in the United States-led 2018 Pa­cific Rim mil­i­tary drill.

Trump hailed his “won­der­ful re­la­tion­ship” with Xi and ex­pressed con­fi­dence in “suc­cess” in ad­dress­ing com­mon prob­lems, to­gether with China, ac­cord­ing to the White House.

Xi said both sides should re­spect the core in­ter­ests and ma­jor con­cerns of each other and ap­pro­pri­ately tackle their dif­fer­ences and sen­si­tive is­sues.

The two sides should have mu­tual re­spect, seek win-win re­sults, ex­pand prag­matic co­op­er­a­tion in all fields and re­in­force co­or­di­na­tion with re­spect to global and re­gional is­sues, Xi said.

The two lead­ers agreed to fur­ther com­mu­ni­ca­tion and co­or­di­na­tion on the Korean Penin­sula nu­clear is­sue.

Xi said the in­ter­na­tional com­mu­nity should in­crease ef­forts in pro­mot­ing di­a­logue and con­trol­ling the sit­u­a­tion when re­spond­ing to the Demo­cratic Peo­ple’s Repub­lic of Korea’s vi­o­la­tions of UN Se­cu­rity Coun­cil res­o­lu­tions.

Also, Xi re­it­er­ated China’s ob­jec­tion to the de­ploy­ment of the US Ter­mi­nal High-Al­ti­tude Area De­fense an­timis­sile sys­tem in the Repub­lic of Korea.

Teng Jian­qun, di­rec­tor of the Depart­ment for Amer­i­can Stud­ies at the China In­sti­tute of In­ter­na­tional Stud­ies, said the per­sonal ties be­tween Xi and Trump are adding to peo­ple’s hope for up­com­ing meet­ings, in­clud­ing Trump’s state visit to China later this year.

Chen Fengy­ing, a se­nior re­searcher on the world econ­omy at the China In­sti­tutes of Con­tem­po­rary In­ter­na­tional Re­la­tions, said the way the two coun­tries work with each other on eco­nom­ics and trade “di­rectly in­flu­ences the im­prov­ing process of the world econ­omy”.

Two-way trade is in­creas­ingly re­cip­ro­cal, meet­ing the needs of both sides and the world, and any bi­lat­eral trade im­bal­ance should be viewed with a cool head, Chen said.


Pres­i­dent Xi Jin­ping with US Pres­i­dent Don­ald Trump on Satur­day in Ham­burg, Ger­many

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