China news agency, Washington, January 19 (Reporters Wu Qingcai and De Yongjian) - In Chinese President Hu Jintao paid a state visit on the occasion of the United States, China and the U.S. in Washington on October 19 issued a "Joint Statement", announced the construction of a comprehensive and mutually beneficial economic partnership.

statement said the two leaders to work together to build awareness of mutual respect, mutual benefit and win-win partnership for economic cooperation between the two countries and the world economy is extremely important. The two leaders agreed to promote comprehensive economic cooperation, and relying on the existing dialogue mechanisms, to be held in May this year the third round of China-US strategic economic dialogue, to further establish the framework for comprehensive economic cooperation.

to promote the two countries and the world economy is strong, sustainable, balanced growth, the two sides agreed to strengthen communication and cooperation between macroeconomic policies, the United States will focus on mid-term federal deficit reduction to ensure fiscal sustainability, and exchange rate volatility remain vigilant. China will continue to strengthen its efforts to expand domestic demand, continue to adhere to push forward the reform of RMB exchange rate formation mechanism.

the two sides will take further measures to promote reiterated that global trade and investment liberalization and opposed protectionism in trade and investment. Agree would like to adopt a constructive, cooperative and mutually beneficial manner, and actively resolve bilateral trade and investment disputes.

will continue to push forward the two sides stressed that the bilateral investment treaty negotiations. China welcomes the U.S. commitment to China-US Joint Commission on Commerce through a cooperative and expeditious manner in order to recognize China's market economy status. China welcomes the United States is pushing the two sides discussed the reform of export control system, and in line with U.S. national security interests of the United States under the premise of this reform, including China's major trading partners, the potential impact of exports.

two sides pledged to deepen the financial sector investment and regulatory areas of bilateral and multilateral cooperation, in line with prudential requirements and consistent with national security cases, support for financial services and cross-border securities investment to create an open investment environment. United States undertook to ensure that "the GSEs" with sufficient capital and capacity to meet its financial obligations.

both sides agree that money should be only included in the SDR in the international trade and international financial transactions in the widely used currency. In view of this, the United States to gradually push the yuan to support China's efforts into the SDR.

the two sides committed to strengthen the global financial system and reforming the international financial framework. The two sides will continue to be strong cooperation to improve the IMF and multilateral development banks, the legitimacy and effectiveness. The two sides will also collaborate with multilateral development banks, to seek cooperation in support of including in Africa, global poverty reduction, development and regional integration, as inclusive and contribute to sustainable economic growth.