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Bush says US-China relations important
(Xinhua)
Updated: 2005-11-20 19:12

The United States would continue to cooperate with China to realize the commitment China made in July to establish a flexible market-based currency system.

Laoshan Olympic Mountain Bike Course

Bush rides his mountain bike on the Laoshan Olympic mountain bike course in Beijing, November 20, 2005. Bush took time out of his busy two-day Beijing schedule to exercise on his bike with Chinese cyclists. [AP]

On July 21, the People's Bank of China, China's central bank, announced that China's currency, the yuan, would be traded at a rate of 8.11 yuan for one US dollar and the yuan to US dollar pegging system was switched to a basket of foreign currencies.

Bush said he and Hu also had good talks about energy. "China is a growing economy and China recognizes, like the United States recognizes, in order to keep our economies growing in the years to come, we've got to share technology and diversify away from hydrocarbons," he said.

According to him, it is important that social, political and religious freedom grows in China. "We encourage China to continue making the historic transition to a greater freedom," he said.

The United States and China were working together for the prevention and control of bird flu, said Bush, who also appreciated China's role in this field.

Bush arrived in Beijing Saturday evening. This is the third time he comes to China as US president.

Media: Bush's China visit sends "positive signal"

BEIJING, November 20 (Xinhua) -- Many international and Chinese newspapers and news networks have shown great interest in the current China visit of US President George W. Bush, saying the visit has sent a "positive signal" to China-US relations.

The United Morning News of Singapore says that it is Bush's third China visit since he became US president in 2001. Bush's frequent visits reflect the historical changes in China-US relations and indicate that the world center is moving towards the east.

A Beijing News editorial says that stable China policies of the United States serve as the foundation for developing secure China-US relations.

The Hong Kong-based Wenwei Po says that the United States will begin adjusting its China policies after Bush concludes his China visit and the United States will give more attention to China's positive role and the possibility of cooperation with China.
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