President Xi Jinping (L) holds a grand ceremony to welcome US President Donald Trump at the square outside the east gate of the Great Hall of the People in Beijing, capital of China, Nov 9, 2017. [Photo/Xinhua] BEIJING -- President Xi Jinping and his US counterpart, Donald Trump, on Tuesday discussed bilateral trade and the situation on the Korean Peninsula via phone. The China-US relations maintained overall stability and achieved significant progress in 2017, said Xi. Keeping bilateral ties on a track of healthy and stable development is in the interests of both countries and both peoples, and conforms to the common aspiration of the international community, the Chinese president said. The two sides need to maintain high-level and various levels of interactions, bring the four high-level dialogue mechanisms between them into full play, and hold the second round of dialogues at a proper time, Xi said. As economic and trade cooperation brings tangible benefits to both peoples, the two countries should adopt constructive measures to properly settle economic and trade issues of mutual concern by opening up the market to each other and making the cake of cooperation bigger, Xi added. The Chinese president also called for advancing the cooperation between the two militaries, in law-enforcement, drug control, cultural and people-to-people exchanges and cooperation on local levels, as well as close communication and coordination on major international and regional issues. The two sides need to meet each other halfway, respect each other, focus on cooperation, deal with sensitive issues in a constructive way, respect each other's core interests and major concerns, and maintain the momentum of sound and steady development of China-US relations, he said. Trump said that the US side attaches great importance to its relations with China as well as to the US-China cooperation, and that it is willing to work with the Chinese side to enhance bilateral exchanges at all levels, expand pragmatic cooperation, and properly handle problems in bilateral trade so as to achieve even greater results in bilateral relations. Regarding the situation on the Korean Peninsula, Xi said that there are some positive changes and related parties should work jointly to keep up the hard-won momentum for the easing of the situation on the Korean Peninsula and create conditions for the resumption of talks. Denuclearization of the Korean Peninsula and safeguarding peace and stability in the region accord with the common interests of all sides, said Xi, adding that it is vital for the international community to stay united over the issue. China is ready to continue its joint efforts with the United States and other members of the international community to achieve progress that would finally lead to a proper resolution of the issue, said Xi. In response, Trump said the US side values China's significant role in resolving the Korean Peninsula issue and is willing to strengthen communication and coordination with China over the issue. rubber wrist bands
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The Hong Kong-Zhuhai-Macao Bridge. [Photo/VCG] MACAO - The World Trade Organization (WTO) has recently examined and approved the China's Hong Kong-Macao Closer Economic Partnership Arrangement (CEPA) to ensure that the agreement is in lines with the WTO rules, the government of the Macao Special Administrative Region (SAR) said in a press release on Wednesday. At the WTO meeting held on Monday, both the representatives from the Macao SAR government and the Hong Kong SAR government presented the objectives and contents of the Hong Kong-Macao CEPA, which was signed in October 2017 to strengthen trade relations and exchanges of technical cooperation between Macao and Hong Kong. The Hong Kong-Macao CEPA is a free-trade agreement with the characteristics of the principle of one country, two systems, which also complies with the WTO rules, the representatives said at the meeting, according to the press release. The Hong Kong-Macao CEPA mainly covers expansion of trade in goods and services, simplification of customs procedures, collaboration in matters relating to intellectual property, and establishment of a work program on economic and technical cooperation. Under the arrangement, Hong Kong is to make available to Macao service suppliers a further 105 service sectors in Hong Kong, while Macao is to make available an additional 72 service sectors in Macao to Hong Kong service suppliers.
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