The US trade deficit is not the main cause of the RMB exchange rate

Chinese Premier Wen Jiabao on 22 September in New York and the United States enterprises, financial and academic 21 eminent persons had discussions, listen to them on the development of Sino-American relations, the strengthening of economic and trade cooperation between the views and recommendations, and expounded stand point. The Forum in a friendly, honest, practical atmosphere.

Wen Jiabao pointed out that, in politics, the two sides, both the bucket; economically to anybody who can not be separated. Sino-US common interests between the far greater than their differences. The current bilateral relations in some contradiction is the development problems to be resolved through dialogue and cooperation. Partners and us to do, instead of competitors. A strong and stable China on the United States and the world, China wishes to maintain a strong and stable United States.

Wen Jiabao emphasized that caused the US trade deficit is not the main cause of the RMB exchange rate, but the two countries ' trade and investment structure. In the United States should adopt a positive attitude, in equality, mutual trust, mutual benefit based on massive financial and trade and investment cooperation. The Chinese Government to expand domestic demand and the protection of intellectual property rights, the promotion of sustainable development as a national strategy. In China, according to the registration of foreign companies enjoy national treatment, welcoming them to participate more actively in the construction and development of China.

The United States said that the Sino-US relations through the extraordinary journey has made great achievements. United States business, finance, academia firmly supports the development of Sino-US relations, would like to see success in China, u.s.-China economic and trade relations to their mutual benefit. Hope that the United States and China conduct a more extensive dialogue to properly handle their problems and differences. United States business community is willing to increase investment in China, and China to develop long-term, positive and constructive partnerships.

United States Secretary of State Henry Kissinger, the United States before the former Treasury Secretary Rubin, former Chairman of Morgan Stanley Asia, Yale University Professor Roche, strategic and international studies and CEO Hamre, American Express Company, Chairman and Chief Executive Officer ordered, Pepsi company Chairman and Chief Executive Officer of Lu index, Microsoft Chairman Bill Gates ·, attended the meeting and to speak.