Han Zheng, the Vice President of China, held a meeting in Beijing on July 11, 2023, with representatives from the United States who were attending the 14th round of the China-U.S. Business Leaders and Former Senior Officials Dialogue.
During the meeting, Han Zheng emphasized the significance of the Sino-U.S. relationship, stating that China and the United States are the world‘s two largest economies. He emphasized that mutual respect, peaceful coexistence, and win-win cooperation, as advocated by President Xi Jinping, are crucial for advancing the healthy and stable development of the bilateral relationship. Han Zheng also emphasized the importance of promoting a healthy competition that leads to mutually beneficial outcomes, instead of a zero-sum game.
Furthermore, Han Zheng expressed China’s commitment to continuing its reform and opening-up policies. He welcomed companies from all over the world, including the United States, to deeply explore the Chinese market. He recognized their contributions in maintaining the stability and smooth operation of the global industrial and supply chains, and in promoting the growth of the global economy.
In response, the U.S. representative acknowledged the close economic and trade relations between the United States and China. Expressing concern over the current difficulties and uncertainties, the representative reassured their willingness to expand cooperation with China. They expressed their desire to act as a bridge and strengthen the bond between the American business community and China, with the aim of promoting the healthy and stable development of the bilateral relationship.
The meeting between Han Zheng and the U.S. representatives highlighted the importance of fostering mutual respect, cooperation, and a healthy competition between the two nations. Both sides expressed their commitment to further strengthen their economic and trade ties, recognizing their significance in advancing global economic growth and stability.