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China's Xi Jinping Holds Talks with US Treasury Chief Lew

Chinese President Xi Jinping has pledged to work together with the United States, even while acknowledging Beijing has what he called "unavoidable" differences with Washington.

Mr. Xi made the comments Tuesday during a meeting with U.S. Treasury Secretary Jack Lew at Beijing's Great Hall of the People. It was his first meeting since taking over as China's president, last week.



"In the China-U.S. relationship, we have enormous shared interests. But, of course, unavoidably, we have some differences. But, as long as we both approach and handle this relationship from a strategic and long-term perspective, I believe we will be able to always keep to the set direction of this relationship."



Lew also emphasized the importance of the Sino-American relationship, telling Mr. Xi the world's two leading economies have a "special responsibility to maintain strong, stable and sustained growth in the world."





"The president is firmly committed to building a relationship of growing strength where we cooperate on issues of economic and strategic importance, understanding that we will each have to meet our own responsibilities, but we'll also have to mange our differences."



He also pushed China to "reduce barriers to trade and investment," saying the United States looks forward to China's growth as a market for foreign goods. Both countries have disagreed, in recent months, about economic issues, such as intellectual property rights and the value of China's currency.

Lew was also expected to raise the issue of Chinese computer hacking. Last week, President Barack Obama said he was concerned about cyber attacks on U.S. firms and infrastructure that he said have originated in China and are state-sponsored. China firmly denies the allegations, saying it is a target of U.S.-based computer attacks.

It is the first high-level meeting between the two nations since China completed its once-in-a-decade transition of power, which saw Mr. Xi take over as president, as well as head of the Communist Party and the military. China's newly-minted Premier Li Keqiang is expected to meet with Treasury Secretary Lew later this week.

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