China and US "enormous shared interests"

The new Chinese president Xi Jinping has hailed the “enormous shared interests” between China and the US, calling for stronger ties between the two countries.

Speaking during talks with US Treasury Secretary Jack Lew, Xi said the relationship should be approached "from a strategic and long-term perspective".

"In the China-US relationship, we have enormous shared interests, but of course, unavoidably, we have some differences," Mr Xi said.

"We stand ready to work with the US side to continue to develop this China-US co-operative partnership."

Lew said that the countries had "a special responsibility to maintain strong, stable and sustained growth in the world" and should "work together to reduce barriers to trade and investment".

"We look forward to China contributing more and more to global demand," he said.

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