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China And The US Signed A Comprehensive Framework Agreement To Promote Economic Cooperation

2011/5/11 15:19:00 41

Comprehensive Framework Agreement On Sino US Economic Cooperation

Washington state news: China's Vice Premier Wang Qishan and US Treasury Secretary Geithner were in the morning of May 10th local time.

Washington

The China US comprehensive economic cooperation framework was signed in the Ministry of finance.

The full name of the framework indicates that the two countries will expand cooperation with the goal of promoting sustainable and balanced development.


Zhang Xiaoqiang, deputy director of the national development and Reform Commission, told reporters that in the morning of May 10th, the two sides specifically promoted the economy.

Structural adjustment

Serious exchanges were made with the pformation of development mode.


The Chinese side said that the twelfth five year development plan announced by China in March stressed the need to accelerate the pformation of the mode of economic development as the main line and better solve the problems of unbalanced development, uncoordinated and unsustainable development.

At the same time, we must emphasize the economic structure.

strategic

Adjustment is the main direction to speed up the pformation of the mode of economic development.


Zhang Xiaoqiang said the US side introduced measures taken to readjust the economic structure and achieve sustainable growth.


He said the two sides believed that the measures adopted by the two sides in their respective economic readjustment were of long-term significance and opened up new areas of cooperation between the two countries.

The two countries can strengthen their cooperation through coordination and complementary advantages, so as to achieve their goal of economic pformation.

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