China, US agree to cooperate on trade

时间：2006-12-18 00:20:11

（单词翻译:单击）


Chinese President Hu Jintao (R) meets with US Treasury1 Secretary Henry Paulson after the closing of the Strategic Economic Dialogue in Beijing's Great Hall of the People, Friday, Dec. 15, 2006.
 
Dec. 16 - The United States and China agreed during two days of talks here to narrow their huge trade imbalance but key points of dispute were not resolved, the chief delegates from each side said.

 

"We each will take measures to address imbalances, encourage greater national savings2 in the United States and to increase consumption and exchange rate flexibility3 in China," US Treasury Secretary Henry Paulson said.

 

Paulson brought six other members of US President George W. Bush's cabinet, plus Federal Reserve Chairman Ben Bernanke, to the inaugural4 "strategic dialogue," a forum5 aimed at easing deep trade tensions between the two nations.

 

Chinese President Hu Jintao told Paulson that the dialogue reflected mutual6 cooperation that was now at a "turning point," state television reported.

 

"We should handle the problems in our economic and trade cooperation through candid7 exchanges and friendly consultation8 and with a positive attitude," Hu was quoted by television as saying.

 

The United States urged China during the talks to take faster action on a range of reforms, with loosening controls on its currency, the yuan, among the most pressing of priorities.

 

"We have the point of view that there is more risk of going too slow. The Chinese see that differently," Paulson said.

 

In a speech in Beijing following the end of the talks, Bernanke issued another strong call for further flexibility in the yuan, saying such a move would help China's domestic economy as well as ease global trade imbalances.

 

Aside from the currency, other key issues raised by Paulson and his team were the copyright issues in China and the importance for it to continue to open up its markets.

 

The bottom line for the hoped-for reforms is to narrow the US trade deficit9 with China that threatens to hit a record 240 billion dollars this year.

 

Elaine Chao, the US labor10 secretary, said the two sides had discussed how to improve China's social system in order to persuade the Chinese that they could bring down their huge savings and consume more.

 

"We discussed how to develop a private pension plan and a government pension plan to boost the confidence of Chinese citizens to consume more, buy more US goods and create more US jobs," Chao said.

 

China's chief delegate, Vice11 Premier12 Wu Yi, characterized the talks as "highly useful" but emphasized the two nations could not find agreement on a range of issues.

 

"There were quite a number of areas of consensus13 but also quite a number of differences," she said at a joint14 press conference with Paulson.

 

"It's understandable that we would have differences because the US and China are two very different countries. The key lies in what attitude we take to embrace those differences."

 

The two sides announced the second strategic dialogue would be held in Washington in May, with officials stressing that this week's forum had helped lay the groundwork for future cooperation.

 

Paulson will have to return to Washington to face the increasingly strong protectionist lobby without having secured any solid commitments from China.

 

But the Treasury chief said the two sides were talking about broad, structural15 issues to which there are no speedy solutions.

 

"If you want immediate16 results, that's not realistic. We're talking about some of the very biggest issues here," he said.

 

分享到：


点击收听单词发音收听单词发音  

1 treasury 7GeyP     
n.宝库；国库，金库；文库
参考例句：
  • The Treasury was opposed in principle to the proposals.财政部原则上反对这些提案。
  • This book is a treasury of useful information.这本书是有价值的信息宝库。
2 savings ZjbzGu     
n.存款，储蓄
参考例句：
  • I can't afford the vacation,for it would eat up my savings.我度不起假，那样会把我的积蓄用光的。
  • By this time he had used up all his savings.到这时，他的存款已全部用完。
3 flexibility vjPxb     
n.柔韧性，弹性，（光的）折射性，灵活性
参考例句：
  • Her great strength lies in her flexibility.她的优势在于她灵活变通。
  • The flexibility of a man's muscles will lessen as he becomes old.人老了肌肉的柔韧性将降低。
4 inaugural 7cRzQ     
adj.就职的；n.就职典礼
参考例句：
  • We listened to the President's inaugural speech on the radio yesterday.昨天我们通过无线电听了总统的就职演说。
  • Professor Pearson gave the inaugural lecture in the new lecture theatre.皮尔逊教授在新的阶梯讲堂发表了启用演说。
5 forum cilx0     
n.论坛，讨论会
参考例句：
  • They're holding a forum on new ways of teaching history.他们正在举行历史教学讨论会。
  • The organisation would provide a forum where problems could be discussed.这个组织将提供一个可以讨论问题的平台。
6 mutual eFOxC     
adj.相互的，彼此的；共同的，共有的
参考例句：
  • We must pull together for mutual interest.我们必须为相互的利益而通力合作。
  • Mutual interests tied us together.相互的利害关系把我们联系在一起。
7 candid SsRzS     
adj.公正的，正直的；坦率的
参考例句：
  • I cannot but hope the candid reader will give some allowance for it.我只有希望公正的读者多少包涵一些。
  • He is quite candid with his friends.他对朋友相当坦诚。
8 consultation VZAyq     
n.咨询；商量；商议；会议
参考例句：
  • The company has promised wide consultation on its expansion plans.该公司允诺就其扩展计划广泛征求意见。
  • The scheme was developed in close consultation with the local community.该计划是在同当地社区密切磋商中逐渐形成的。
9 deficit tmAzu     
n.亏空，亏损；赤字，逆差
参考例句：
  • The directors have reported a deficit of 2.5 million dollars.董事们报告赤字为250万美元。
  • We have a great deficit this year.我们今年有很大亏损。
10 labor P9Tzs     
n.劳动，努力，工作，劳工；分娩；vi.劳动，努力，苦干；vt.详细分析；麻烦
参考例句：
  • We are never late in satisfying him for his labor.我们从不延误付给他劳动报酬。
  • He was completely spent after two weeks of hard labor.艰苦劳动两周后，他已经疲惫不堪了。
11 vice NU0zQ     
n.坏事；恶习；[pl.]台钳，老虎钳；adj.副的
参考例句：
  • He guarded himself against vice.他避免染上坏习惯。
  • They are sunk in the depth of vice.他们堕入了罪恶的深渊。
12 premier R19z3     
adj.首要的；n.总理，首相
参考例句：
  • The Irish Premier is paying an official visit to Britain.爱尔兰总理正在对英国进行正式访问。
  • He requested that the premier grant him an internview.他要求那位总理接见他一次。
13 consensus epMzA     
n.(意见等的)一致，一致同意，共识
参考例句：
  • Can we reach a consensus on this issue?我们能在这个问题上取得一致意见吗？
  • What is the consensus of opinion at the afternoon meeting?下午会议上一致的意见是什么？
14 joint m3lx4     
adj.联合的，共同的；n.关节，接合处；v.连接，贴合
参考例句：
  • I had a bad fall,which put my shoulder out of joint.我重重地摔了一跤，肩膀脫臼了。
  • We wrote a letter in joint names.我们联名写了封信。
15 structural itXw5     
adj.构造的，组织的，建筑（用）的
参考例句：
  • The storm caused no structural damage.风暴没有造成建筑结构方面的破坏。
  • The North American continent is made up of three great structural entities.北美大陆是由三个构造单元组成的。
16 immediate aapxh     
adj.立即的；直接的，最接近的；紧靠的
参考例句：
  • His immediate neighbours felt it their duty to call.他的近邻认为他们有责任去拜访。
  • We declared ourselves for the immediate convocation of the meeting.我们主张立即召开这个会议。

©2005-2010英文阅读网