Chinese Premier Li Qiang met with US Treasury Secretary Janet Yellen at the Great Hall of the People in Beijing on the morning of April 7.

Li Qiang said that under the strategic guidance of the two heads of state, the current China-Us relations have shown a stable trend. President Xi Jinping had a phone conversation with President Biden not long ago. The two sides agreed to strengthen dialogue, manage differences, advance cooperation and promote the steady development of China-Us relations. China hopes that China and the United States will be partners, not adversaries, with mutual respect, peaceful coexistence and win-win cooperation. We hope that the US side will work with China to meet each other halfway, continue to implement the important consensus reached by the two heads of state, and make the "San Francisco Vision" a reality.

Li Qiang pointed out that as the world's two largest economies, China and the United States have deeply intertwined economic interests, and strengthening economic and trade cooperation is of great significance to the development of both sides and global economic growth. The two sides should strengthen communication and jointly find ways to manage and resolve differences, so as to make China-Us economic and trade cooperation stable, smooth and efficient, create more benefits for the enterprises and people of the two countries, and contribute to world economic development and the improvement of people's livelihood. We hope that the US side will work with China to adhere to the basic principles of fair competition, open cooperation and market economy, and refrain from politicizing and securizing economic and trade issues. It is necessary to view the issue of production capacity objectively and dialectically from a market perspective and a global perspective, starting from economic laws. The development of China's new energy industry will make important contributions to the global green and low-carbon transition. China is willing to strengthen policy coordination with the United States on climate change and other issues to jointly address global challenges.

Yellen said that with the joint efforts of both sides, the US-China relationship has become more stable. As the world's two largest economies, the US and China should manage their bilateral economic relationship responsibly. The US appreciates the progress made in US-China economic dialogue and cooperation, does not seek "decoupling" from China, and stands ready to work with China to implement the important consensus reached by the two presidents in San Francisco, communicate honestly, avoid misunderstandings, deepen exchanges and cooperation, properly manage differences, jointly cope with pressing global challenges and promote the steady development of US-China relations.

Source: Chinese government website