Xi Jinping: I Hope The United States Will Cancel All Restrictions On Exports To China.

Xi Jinping stressed that this is conducive to balancing Sino US trade, promoting US economic growth and employment growth, and improving the balance of payments structure of the United States.

In his speech entitled "creating a better tomorrow for Sino US partnership", Xi Jinping expounded China's positive role in deepening the pattern of Sino US cooperation and mutual benefit and win-win situation with convincing and detailed data.

He said that in the past 33 years since the establishment of diplomatic relations between China and the United States, bilateral trade volume has increased by more than 180 times, and is expected to exceed $500 billion in 2012.

Over the past 10 years, the US export to China has increased by 468%. China has become the fastest growing export market in the United States.

Xi Jinping pointed out that since the international financial crisis, China has taken positive measures to expand imports, especially the expansion of imports from the United States.

From 2006 to 2011, the Chinese government's investment and trade promotion mission every year has purchased more than US $100 billion from the US.

Xi Jinping said that in 2011, China's trade surplus dropped from US $about 300000000000 before the international financial crisis to US $150 billion, and the share of trade surplus in GDP dropped from 7% to 2%, which is internationally recognized as a reasonable range.

He stressed that the reform of the RMB exchange rate formation mechanism played an important role in this process.

Xi Jinping said that China has put forward a package of cooperation initiatives to promote Sino US trade and investment to the US side.

The two sides should continue to work together to overcome difficulties and promote Sino US economic and trade cooperation from a higher level and wider scope, and create new bright points of mutually beneficial cooperation.