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Li Keqiang Meets with Former Treasury Secretary Timothy Franz Geithner of the US

In the afternoon of April 29, 2014, Premier Li Keqiang met with the former Treasury Secretary Timothy Franz Geithner of the United States (US) in Ziguangge, Zhongnanhai.

Li Keqiang expressed that the two heads of state recently held a successful meeting in The Hague. Faced with the complex and changing international situation, it is in line with interests of both sides and conducive to promoting world and regional peace and stability that China and the US adhere to the principles of non-conflict, non-confrontation, mutual respect and win-win cooperation, actively promote the building of a new model of major country relationship, and properly manage and control differences and frictions.

Li Keqiang at request briefed the relationship between China’s reform and economic growth. He stressed that it is through reforms that China has made tremendous achievements for economic development. China now remains a developing country. It is with huge potential and leeway for the economic development, but at the same time confronted with challenges such as imbalance in urban and rural areas and bottleneck constraints of resources and environment. In order to maintain sustained and sound development of China’s economy, it must be counted on reforms to well solve the problems we encounter. Reforms constitute the impetus and support for economic growth. China’s comprehensive deepening of reforms and further expansion of opening-up will create broader space for China-US economic and trade cooperation.

Geithner expressed that confronted with the pressure of downturn in the world economy, China has comprehensively deepened reforms and maintained a sound development momentum in the economy. He believed that China is able to give play to its own advantages and score greater development. US-China relations enjoy broad prospects, and the two countries should strengthen communications and cooperation. He will continue to play a positive role toward this end.

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