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Wang Yang Holds Talks with US President's Special Representative and Treasury Secretary Jacob Lew
2013-11-15

On Nov. 15, 2013, Vice Premier of the State Council Wang Yang held talks with US President's Special Representative and Treasury Secretary Jacob Lew in Beijing.

Wang Yang introduced to Jacob Lew the measures to comprehensively deepen reform, put forward at the Third Plenary Session of the 18th CPC Central Committee, which was just concluded. Wang Yang said that focusing on the realization of the Chinese dream of the great revitalization of the Chinese nation, the plenary session has made a series of major deployment to comprehensively deepen reform on economy, politics, culture, society, ecology and other aspects. There are major innovations in theories and major breakthroughs in reform measures, which are bound to release great reform dividends and promote China's economic and social development to a new level. It will not only benefit the Chinese people, but also provide continuous power and energy for the construction of a new model of major-country relations between China and the United States.

Wang Yang said that since this year, China has maintained good economic development momentum. Especially since the second half of the year, major economic indicators have been rising steadily, and the goal of 7.5% in annual economic growth can be achieved. At present, the environment of the global economic development remains complex. China hopes the U.S. can properly handle the government budget and debt ceiling issues, properly handle the spillover effects of the US Federal Reserve's exit of the QE policy, and maintain the stability of the international financial market.

Jacob Lew said that the great reform agenda put forward at the Third Plenary Session of the 18th CPC Central Committee is of great importance to the US-China economic cooperation and the development of the world economy. The U.S. and China both are faced with the common tasks of developing the economy and deepening the reform. The U.S. is willing to strengthen coordination and cooperation with China to jointly maintain the strong, sustainable and balanced growth of the world economy.

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