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Li Keqiang Meets with President Barack Obama of US

2016/09/19

On the afternoon of September 19, 2016 local time, Premier Li Keqiang met in New York with President Barack Obama of the US. Both sides exchanged extensive and in-depth views on China-US relations and major international and regional issues of common concern.

Li Keqiang first conveyed warm greetings from President Xi Jinping to President Barack Obama. He expressed that the enhancement of cooperation between China and the US conforms to the fundamental interests of the two peoples and the common expectation of the international community. China is willing to work with the US to further deepen cooperation in all fields at bilateral, regional and global levels, expand practical cooperation in economy and trade, military affairs, law enforcement and judicature, counter-terrorism, cyber security, people-to-people and cultural exchanges and local affairs, strengthen coordination in major international issues including the Korean Peninsula nuclear issue and climate change, promote the implementation of all outcomes of the G20 Hangzhou Summit and inject new impetus into promoting China-US cooperation agenda and advancing the continuous, healthy and stable development of bilateral relations.

Li Keqiang pointed out that economic and trade cooperation is the "ballast" and "propeller" of bilateral relations. Both sides should jointly push forward an early conclusion of the negotiations on China-US Investment Treaty and mutually expand market access, so as to offer better business environment and cooperation expectation to each other's enterprises. Both sides should properly cope with economic and trade frictions and prevent bilateral economic and trade relations from unnecessary disturbances. It is hoped that the US will loosen up restrictions on high-tech product export to China.

Li Keqiang reiterated China's principled stance on Taiwan issue, Tibet-related issues as well as other agendas, hoping that the US could deal with relevant issues in a proper manner.

Barack Obama expressed that the maintainence of stable US-China relations is very important to both countries and the world at large. The US hopes that the US-China relations can maintain strong and sustainable development, and appreciates bilateral cooperation in international and regional affairs.

Barack Obama pointed out that economic relations are the stable factors of the US-China relations. The US supports China's reform process, and hopes to push the negotiations on bilateral investment treaty for positive progress.

Barack Obama reiterated that the US government will never change its adherence to the One-China policy.

When referring to the Korean Peninsula issue, Li Keqiang noted that China always adheres to the denuclearization of the Korean Peninsula, sticks to safeguarding peace and stability of the peninsula and insists on resolving issues through dialogues and consultation. China agrees with the further response of the UN Security Council to the latest round of nuclear test launched by the Democratic People's Republic of Korea (DPRK), and meanwhile hopes that all sides can avoid taking actions that may aggravate tension. It also opposes the deployment of the Terminal High Altitude Area Defense (THAAD) missile defense system by the US in the Republic of Korea (ROK).

When referring to the RMB exchange rate, Li Keqiang emphasized that China's economic development enjoys enormous space for maneuver and exhibits a stable and positive momentum. There is no basis for continued depreciation of the RMB, and the RMB exchange rate will be kept basically stable at a reasonable and balanced level.

Both sides also exchanged views on global issues such as sustainable development, refugees and peacekeeping, and agreed to further maintain close communication, carry out effective cooperation, and provide more public goods for the international community.

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