China pledges economic cooperation with U.S.

China will continue to boost economic and trade cooperation with the United States in the future, Chinese Vice Commerce Minister Gao Hucheng said on Sunday. Gao, also international trade representative of the ministry, made the pledge in an article published by Xinhua prior to Vice President Xi Jinping's visit to the United States. Chinese President Hu Jintao and U.S. President Barack Obama reached important consensus on establishing a mutually beneficial cooperative partnership in 2011, giving "clear direction on the development of Sino-U.S. economic and trade relations in the new period," the official said. To broaden and deepen bilateral economic and trade cooperation, Gao suggested that China and the U.S. should firstly strengthen their policy coordination. As the largest developing country and developed country in the world, China and the U.S. should strengthen economic and trade policy dialogue and coordination during the world economy's recovery. The two sides should maintain and strengthen communication and coordination in the Doha Round negotiations, International Monetary Fund reform and other global economic and trade affairs, Gao said. He called on the two sides to implement the outcomes of the G20 summit in Cannes and work together to address the challenges posed by Europe's debt crisis in order to dispell the haze of the global financial crisis.