Frictions and differences are hardly avoidable in our economic and trade interactions. What is important is that we properly handle these differences through coordination based on equality, mutual benefit, mutual understanding and mutual accommodation. We must not allow frictions and differences to undermine the larger interests of our business cooperation.
We have taken active steps to meet legitimate U.S. concerns over IPR [intellectual-property rights] protection and trade imbalance, and we will continue to do so. We will continue to press ahead with the reform of the RMB [renminbi] exchange rate formation mechanism and offer foreign investors a fair, rule-based and transparent investment environment. At the same time, we hope the United States will take substantive steps as soon as possible to ease restrictions on high-tech exports to China and provide a level playing field for Chinese enterprises to invest in the United States.
ON THE ASIA-PACIFIC REGION
China and the United States have more converging interests in the Asia-Pacific region than in anywhere else. In recent years, our two countries have coordinated closely under the framework of APEC [Asia-Pacific Economic Cooperation] and ASEAN [Association of Southeast Asian Nations] Regional Forum, and enhanced communication and cooperation on regional economic integration, counterterrorism, nonproliferation, combating transnational crimes, disaster preparedness and reduction, poverty alleviation and relevant regional hotspot issues, thus giving a strong boost to peace and prosperity in the Asia-Pacific.
What the Asia-Pacific countries care most is to maintain economic prosperity and build on the momentum of economic growth and regional cooperation. At a time when people long for peace, stability and development, to deliberately give prominence to the military security agenda, scale up military deployment and strengthen military alliances is not really what most countries in the region hope to see.
The vast Pacific Ocean has ample space for China and the United States. We welcome a constructive role by the United States in promoting peace, stability and prosperity in the region. We also hope that the United States will fully respect and accommodate the major interests and legitimate concerns of Asia-Pacific countries.
AND SECURITY COOPERATION
In recent years, China and the United States have conducted effective coordination and cooperation in addressing major international and regional issues and meeting global challenges. This has enriched China-U.S. relations and consolidated and expanded the strategic foundation of the relationship. China and the United States have joined hands and worked together with other countries to counter the international financial crisis and promote global economic recovery. We coordinated positions and worked for consensus at the climate change conferences in Copenhagen, Cancun and Durban. We advanced denuclearization of the Korean Peninsula and the Six-Party Talks process. We opposed the development and possession of nuclear weapons by any Middle East country in order to maintain regional peace and security. Our two countries have also had effective coordination in addressing such hotspot issues as Afghanistan, South Asia, Sudan and the Middle East.