China and the U.S. Must Address Trade Dispute Through Cooperation, Says Premier
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Li made these statements on Sunday during a meeting with U.S. Senator Steve Daines and American business leaders who were present at the China Development Forum 2025 in Beijing.
He pointed out that China-U.S. relations have reached a pivotal moment, noting that history indicates both nations benefit from collaboration and suffer from confrontation. He urged both parties to opt for dialogue instead of conflict and adopt a win-win approach rather than a zero-sum perspective.
Li called on the U.S. to engage in honest communication, foster trust, and dispel misunderstandings rooted in mutual respect, peaceful coexistence, and win-win cooperation. He accentuated the importance of deepening practical cooperation to ensure the stable, healthy, and sustainable growth of bilateral relations.
He further highlighted that economic and trade cooperation forms the bedrock of China-U.S. relations, acknowledging the considerable progress made over the past decades through cooperative efforts. He noted that during challenging times in their relationship, it becomes even more essential to sustain and enhance economic and trade cooperation.
Li reiterated that a trade war yields no benefits and that imposing tariffs cannot foster development and prosperity. He proposed expanding the "pie of cooperation" as a way to address trade imbalances and cultivate shared benefits.
"China always welcomes companies from all over the world, including the United States, to share development opportunities in China, and will actively address their legitimate demands, treat domestic and foreign companies as equals, and continue to foster a sound business environment," Li stated.
U.S. business representatives acknowledged the remarkable transformation China has undergone in recent decades. They expressed their ongoing support for China's development, a willingness to increase investment, strengthen dialogue and cooperation, and contribute to mutual benefits for the sustainable growth of bilateral relations.
Olivia Brown for TROIB News
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