Seven hours of the first US dollar: Establishing four high-level dialogue mechanisms
Reporter Feng Difan
[Wang Yi said that China and the United States have agreed on a high-level exchange plan between the two countries. At the invitation of President Xi Jinping, President Trump will pay a state visit to China this year. The two sides instructed the work teams of the two countries to work together to promote fruitful results. ]
There are a thousand reasons to do a good job in Sino-US relations. There is no reason to break Sino-US relations.
From April 6th to 7th, Haihu Manor in Palm Beach, Florida, USA witnessed another historic moment in the development of Sino-US relations: Chinese President Xi Jinping and US President Trump held the first meeting of the US dollar since the inauguration of the new US government.
The two heads of state conducted more than seven hours of in-depth exchanges, exchanged views on Sino-US relations and major international and regional issues of common concern, deepened mutual understanding, enhanced mutual trust, reached many important consensuses, and established good working relationships. This positive and fruitful meeting has laid a constructive tone for the development of Sino-US relations and pointed out the direction of joint efforts of both sides.
Foreign Minister Wang Yi said that Trump happily accepted the invitation of President Xi Jinping and will pay a state visit to China during the year. The two heads of state also agreed to maintain close ties through meetings, calls, and communications.
Wang Yi also said that China and the United States agreed to promote the healthy development of two-way trade and investment, promote bilateral investment agreement negotiations, and explore practical cooperation in the fields of energy and infrastructure.
At the same time, the US dollar first announced the establishment of four high-level dialogue mechanisms, including diplomatic security dialogue, comprehensive economic dialogue, law enforcement and cyber security dialogue, and social and humanistic dialogue. This is an important achievement of the Haihu Manor meeting.
China and the United States promote two-way investment agreement negotiations
On April 7th, local time, Xi Jinping held the second formal meeting of the US dollar with Trump in Florida.
Xi Jinping emphasized that China and the United States have become each other's largest trading partners, and both people have benefited a lot. China is advancing the supply-side structural reforms and continuously expanding domestic demand. The service industry has continuously increased its share of the national economy. The Chinese economy will maintain a good momentum of development. China and the United States have broad prospects for strengthening economic and trade cooperation. Both sides must seize this opportunity. China welcomes the US participation in the cooperation within the framework of the “Belt and Roadâ€.
Wang Yi said that China clarifies the essence of bilateral economic and trade mutual benefit and reaffirms that it does not deliberately pursue a trade surplus and hopes that the US will relax its export restrictions to China and further balance bilateral trade.
China and the United States agreed to promote the healthy development of two-way trade and investment, promote bilateral investment agreement negotiations, and explore pragmatic cooperation in the fields of energy and infrastructure.
The bilateral trade volume between China and the United States increased from less than $2.5 billion in 1979 to $519.6 billion in 2016, and the two-way investment totaled more than $170 billion.
In the eyes of Merrill Brillett, senior vice president of the American Chamber of Commerce, the data is persuasive – Sino-US bilateral economic and trade relations support about 2.6 million jobs in the US, and China is a $560 billion for US companies. The market, "a strong balance of Sino-US economic and trade relations is in the long-term interests of the United States."
Li Renliang, an expert on international issues at the National Development Administration School of Thailand, noted that President Xi stressed that China welcomes the participation of the US in the framework of the “Belt and Road†framework.
Li Renliang believes that there are many opportunities for cooperation between China and the United States. As Mr. Xi proposed, "promoting bilateral investment agreement negotiations, promoting the healthy development of two-way trade and investment, and exploring practical cooperation in infrastructure construction and energy," The direction of future future cooperation.
At the same time, the US dollar first announced the establishment of four high-level dialogue mechanisms, including diplomatic security dialogue, comprehensive economic dialogue, law enforcement and cybersecurity dialogue, and social and humanistic dialogue.
Wang Yi said that during the meeting, the two sides took the lead in launching a diplomatic security dialogue and a comprehensive economic dialogue, in-depth exchanges with each other, agreed on a work agenda, and clarified the direction of efforts.
Specifically, Vice Foreign Minister Wang Yang and US Treasury Secretary Mnuchin and Secretary of Commerce Ross initiated the China-US comprehensive economic dialogue mechanism. State Councilor Yang Jiechi and US Secretary of State Tillerson and Defense Minister Matisse launched the Sino-US diplomatic security dialogue mechanism. The two sides conducted in-depth exchanges on relevant issues and agreed on the agenda for the next steps of the two mechanisms.
The two heads of state are satisfied with the launch of these important mechanisms and the initial results achieved. Wang Yi said that the China-US recurrent dialogue and cooperation mechanism is an important pillar of the development of bilateral relations and plays an important and positive role in the exchange of views, mutual trust, cooperation and management.
Trump visits China during the year
On April 6, local time, Xi Jinping held a first meeting of the US dollar with Trump in the United States, Florida. Xi Jinping emphasized that the good relations between China and the United States are not only beneficial to the two countries and the two peoples, but also beneficial to the world. We have a thousand reasons to do a good job in Sino-US relations. There is no reason to ruin Sino-US relations.
Xi Jinping pointed out that since the normalization of Sino-US relations for 45 years, although the relations between the two countries have experienced ups and downs, they have made historic progress and brought enormous practical benefits to the two peoples. How will Sino-US relations develop in the next 45 years? We need to think deeply, and we need the political leaders of the two countries to make political decisions and take up historical responsibility. I would like to work with the President to promote greater development of Sino-US relations at a new starting point.
Xi Jinping pointed out that cooperation is the only correct choice between China and the United States, and our two countries can fully become good partners. In the next stage, the two sides should plan and arrange high-level exchanges between the two countries. I welcome Mr. President’s state visit to China during the year. Both parties can continue to maintain close contact through various means.
Wang Yi said that China and the United States have agreed on a high-level exchange plan between the two countries. At the invitation of President Xi Jinping, President Trump will pay a state visit to China this year. The two sides instructed the work teams of the two countries to work together to promote fruitful results. The two heads of state agreed to continue to maintain close contact through meetings, calls, and communications.
Wang Yi said that the first meeting between China and the US dollar was very important, timely and effective. It achieved the expected purpose of getting to know each other, enhancing understanding, building mutual trust and building consensus. It not only completed the smooth transition of Sino-US relations, but also realized the new period. A good start for US relations. The exchanges between big powers often have both cooperation and differences.
As far as Sino-US relations are concerned, the economic complementarity between the two sides is far greater than competition, and the need for cooperation between the two sides is far greater than the differences. The important value and historical significance of this meeting is that the two sides have clearly defined the direction for the future of Sino-US relations at the highest level, set the framework, and made the top-level design. Wang Yi said that we have reason to believe that this meeting will play an important role in overcoming difficulties, eliminating interference and moving forward along the right track. At the same time, it will also have a major impact on promoting peace, stability and prosperity in the Asia-Pacific region and the world.
Former US Deputy Secretary of State and Vice President of Kissinger Consulting, Robert Hormats believes that the two leaders exchanged views on bilateral relations and major international and regional issues in a face-to-face meeting to define the development of US-China relations in the new era. Tune, while establishing a good personal relationship.
Alexei Maslov, director of the Oriental Studies Department of the Russian Higher School of Economics, said that this meeting will create a positive new beginning for Sino-US relations. Both leaders have shown a willingness to dialogue, which is a good basis for seeking consensus through communication. The long-term healthy development of Sino-US relations is of great significance to the world. The actions of both countries have affected the stability of international trade, finance and even the political situation.
Gary Lin, assistant to the European Parliament and secretary-general of the EU-China Friendship Group, said that although the meeting was not long, Trump could see from many details that Trump attaches great importance to China. For example, he let his granddaughter and grandson sing the Chinese song "Jasmine". And recite the "Three Character Classics" and Tang poetry. Trump knows that cooperation with China is very important to the United States and other countries.
The director of the European Central European Studies Center said that President Xi Jinping stressed at the meeting that "we have a thousand reasons to do a good job in Sino-US relations, and there is no reason to ruin Sino-US relations." bright. China and the United States are the two most influential countries in the world today. The establishment and development of a stable, mutually supportive, mutually understanding and mutually beneficial relationship between the two sides will be a great contribution to the stability and development of the world.
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