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Premier Li Keqiang, 29 am at the Zhongnanhai meeting with representatives of the US President, Secretary of the Treasury Jacob Lew.
Li said that a good Sino-US relations the two countries are very important. China attaches importance to developing relations and cooperation with the United States economic and trade fields. President Xi Jinping will soon meet again with President Obama to promote Sino-US relations have made new development. Last year, China became the largest trading partner for the first time. China is ready to work with the United States to work in close communication and consultation, to take care of each other's concerns, and actively promote to reach a win-win situation, a high level of bilateral investment agreements.
Li introduced China's current economic situation and stressed that China is in the economic transition and the process of converting the kinetic energy of old and new, to implement the proactive fiscal policy there is a large space, will be more powerful. We will vigorously promote the structural reforms, especially in the supply-side structural reforms to better stimulate social vitality and creativity of the market, so that the new momentum continue to grow, transform and upgrade traditional kinetic energy. Through decentralization, "double hit" and other reforms, and further expand market access, create a fair competitive market environment.
Turning to the RMB exchange rate, Li reiterated that we will implement the market supply and demand with reference to a basket of currencies, managed floating exchange rate mechanism and keep the RMB exchange rate basically stable at a reasonable and balanced level.
Li spoke highly of the first Group of Twenty Finance Ministers and Central Bank Governors Meeting during the year. He said that major economies, including China and the US, including macroeconomic policy coordination should be strengthened, the release of stable signal, boost market confidence, and jointly promote the world economy to achieve strong, sustainable and balanced growth.
Jacob Lew said the Chinese government to release positive messages on the RMB exchange rate and structural reform policy, help the international community to boost confidence. The United States is willing to strengthen communication and a good start a new round of US-China Strategic Economic Dialogue to promote bilateral investment agreement negotiations process early substantive progress.
The two sides also discussed international and regional issues of common concern exchange of views.
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