U.S. President George W. Bush (R) and
first lady Laura Bush (2nd L) gather on the South Portico of the White
House with China's President Hu Jintao (2nd R) and his wife Liu Yongqing
at a welcoming ceremony in Washington, April 20, 2006.
Chinese President Hu Jintao and US
President George W. Bush on Wednesday discussed an upcoming visit to Washington
by a senior Chinese official aimed at bridging trade differences.
Reading: China to buy $4.3bn in US
technology A delegation of
Chinese business leaders committed to buying US$4.3 billion in US
technology, hoping to ease a friction to the trade imbalance
between the two countries.
Treasury Secretary Henry Paulson and Chinese Vice Premier Wu Yi are to hold
trade talks in Washington May 22-24.
White House spokesman Gordon Johndroe said Bush phoned Hu from Air Force One
as he traveled to Kansas to view a tornado-stricken town.
"The president welcomes the visit to Washington of Vice Premier Wu Yi and her
delegation later this month aimed at deepening our economic ties in a mutually
beneficial fashion," Johndroe said.
President Hu stressed that China and the US can properly
settle problems arising from bilateral economic and trade cooperation through
frank and sincere dialogue.
Hu said he believes that with concerted efforts by both sides, positive
achievements will be scored in the upcoming second round of strategic
economic dialogue between the two countries, which will contribute to giving
fresh impetus to China-US economic and trade cooperation.
According to Chinese statistics, China's trade surplus with the United States
widened to a record $144 billion last year, sparking concern in the United
States and triggering a number of disputes between the two countries.
On bilateral relations, both Hu and Bush considered that China-US relations
have been kept in a momentum of favorable development and that the two sides
should beef up dialogue and cooperation, to promote healthy and stable progress
of the constructive and cooperative relations between the two countries.
The two leaders also agreed on the need for North Korea to meet its nuclear
obligations, Johndroe said.
The two presidents will
meet in Germany next month during the summit of the Group of Eight