VP pledges sound environment for Sino-US business cooperation

BEIJING - Chinese Vice Premier Wang Qishan told a US business delegation Tuesday that China would create a sound environment for business cooperation between the two countries. Praising the contribution of US businesses to the sound development of China-US relations, Wang said more exchanges between business people from the two countries would help promote bilateral trade cooperation.

Executive chairman of Morgan Stanley and chief delegate John Mack said the US business community would increase exchanges and cooperation with Chinese counterparts and play a positive role in the sound development of bilateral relations.

The delegation, composed of the heads of many major US companies, including General Motors, is visiting China from February 13 to 16 for unofficial exchanges with Chinese businesses, including China National Offshore Oil Corporation and CITIC Group, according to the China Council for the Promotion of International Trade.