Zhou: Trust and equality is the foundation of Sino-US cooperation

"Caijing reporter Chan Yinan" China's former ambassador to the US, Zhou, said in Shanghai May 21 that China-US cooperation in the future must be based on increased trust, and that the opening up of the Chinese market must be based on equality between the two sides. Zhou the "Strategic dialogue on business relations between China and the US", sponsored by the Caijing magazine and JPMorgan Chase, Covington law firm in Shanghai today. He believes that the economy is now increasingly globalized and multipolar. The interests of great powers mingle with one another, and cooperation becomes mainstream and normal.　　Under this new norm, cooperation must be strengthened, and trust must be strengthened. But he also pointed out that there is still a lack of mutual trust between China and the United States, and both sides should make some adjustments. He said that the United States recently has some views on China, that China lacks respect and arrogance. While visiting former US Secretary of State Henry Kissinger, the latter has kindly mentioned this. "I think the Chinese have to rethink. China is developing and moving to the world. In this process, how can we really make everyone accept that our development is open, that our development is peaceful, and that our development is mutually beneficial. In the United States, Zhou that the United States should "do more". "We have heard more that the United States may not know much about China, there are some fixed views on China, and there are many misunderstandings about China." He said the Bush administration had put forward "responsible stakeholders" in the late Bush administration. But the question is, "responsible"? In addition, the "responsible" standard should be discussed by both sides. Defined by discussion, dialogue and consultation. "I think it should be responsible for the people of the world. You cannot say that you think it is responsible, it is responsible.　　"Zhou said. Zhou stressed that China needs to be open to development, but such openness must be based on equality between the two sides. Now the United States has set some barriers to market access. China's five banks, for example, have only 7 branches in the United States. Among them, ICBC, investment, industry and commerce is also because of the Sino-US Economic Dialogue, only to open branches, and can not engage in retail business. The United States is the only Citi family, in China there are almost 30 branches.　　The two are obviously wrong. China has repeatedly wanted the US to loosen its export controls. China welcomes the reconsideration of the policy on export controls after the Obama administration took office. China does not pursue a surplus, but rather hopes that the trade balance between the two countries is sustainable. With such a big deficit, both sides should find out why.　　"Zhou said. Zhou has been a Chinese diplomat in the United States since the 80, and has worked in the US for a long time, and has been a Chinese ambassador to the US since 2005, until retiring this year. He has a deep understanding of China-US relations.