China keen to work with ‘US states, local councils, businesses’ despite Washington’s hostility, Xi Jinping says

President Xi Jinping is keen to de-escalate rising tensions with Washington and ensure American companies continue to do business with China

China has had close ties with states on the west coast of the US, while purchases of agriculture products have also boosted interactions with Midwest farm states

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China President Xi Jinping was speaking at a symposium with state economists and sociologists in Beijing, according to the official Xinhua News Agency in comments published on Monday. Photo: Xinhua

Published: 8:00pm, 25 Aug 2020Updated: 11:55pm, 25 Aug 2020

President Xi Jinping has reaffirmed a commitment to cooperate with all countries, regions and businesses that are willing to work with China, including “American states, local councils and businesses”.

Xi’s comments underscore efforts by China’s leadership to de-escalate rising tensions with Washington and ensure American companies continue to do business with China.

China will maintain its opening up policy to foreign businesses and investors and continue to boost exchanges with foreign countries, according to Xi, in a clear message that Beijing will try its best to prevent a decoupling with the United States and ensure that the new “dual circulation” economic strategy will not mean China will close its doors.

“Opening up is a key driver of China’s fast and persistent growth. It is a basic national policy. We’ll upgrade our opening level, foster international cooperation and seek new competitive advantages,” Xi told a symposium with state economists and sociologists in Beijing, according to the official Xinhua News Agency on Monday.

We will have closer ties with the global economy and our status in the global economy will keep rising

Xi Jinping

“We will have closer ties with the global economy and our status in the global economy will keep rising.

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