The china-us strategic and economic dialogue: China's concerns on safety investment assets

The first round of china-us strategic and economic dialogue (strategic dialogue part first talks Friday afternoon.Chinese state councilor dai bingguo and U.S. secretary of state Hillary Clinton meets the reporters after the meeting, the simultaneous praise good beginning talks.New SheFa li jing


China news agency Washington July 27 (reporter Wu Qingcai li jing) held in 27th afternoon first to china-us strategic and economic dialogue "to tackle the financial crisis and restore economic growth" as the theme of the project, specifically, the Chinese delegation want America to maintain the stability of financial markets and the dollar, to ensure the safety of Chinese assets in the United States.


In this project at a briefing after the meeting, China's assistant finance minister zhu guangyao when introduce the special emphasis on: "this is vice premier wang qishan very concern."


By the end of may this year, China held about $eight hundred billion of treasuries, become one of the biggest holder of us Treasury bonds.Asked whether they care about China's investment in the United States security issues, zhu guangyao, said "the Chinese government is a responsible government, the Chinese government are responsible for the Chinese people first, of course we concerned about the safety of China's investment assets."


Zhu guangyao, said: "our hope is that the U.S. economy rapidly restore the strong momentum of development, the U.S. financial markets to restore stability as soon as possible, we would like to see the United States economic prosperity... of course, we also want to see America's deficit can according to the goal of the Obama administration is expected, after the economic stability reduction year by year, return to sustainable levels."


Zhu stressed that China hopes the United States in the process of economic recovery, the government's financial budget under the framework of can return to normal as soon as possible.


Zhu guangyao, said the us has been to China made clear that they will take measures to further stabilize financial markets, thus further restore the confidence of investors, promoting economic growth.On the same day, the White House office of management and budget director also at the conference to introduce China to the us two years to reduce the budget deficit target.


China-us strategic and economic dialogue held in on the morning of the opening ceremony, U.S. Treasury secretary timothy geithner also made it clear that: "we promised to take measures to increase individual savings, in 2 0 a 3 years ago, the federal government's deficit down to a sustainable level."


When asked about the problem of China to increase us Treasury, zhu guangyao, points out that China's foreign exchange assets investment guiding principle is very clear, namely the principle of safety, liquidity and moderate profitability, China is according to the needs of economic development and asset allocation to make investment decisions of foreign exchange assets.After the

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