MNI POLICY: China-US Trade Deal Should Be Enforceable: Premier

By Iris Ouyang

     HAINAN (MNI) - Any trade deal between China and the U.S. should be

enforceable, Chinese Premier Li Keqiang told a group of company executives,

economists and reporters.

     Here are major points from his remarks in Hainan:

     --"We can't break our promises, that's not a stable bilateral

relationship," Li said. "We want the result (of trade talks) to be enforceable,

and to make the China-U.S. relation sustainable."

     --Li said he hopes for a win-win result from trade talks, favouring both

countries. "As to the trade frictions between China and the U.S., I always think

we should negotiate," he said. "If you let me make a judgment on the current

status, I would say both sides hope, and China hopes, to reach a win-win trade

deal, and we are making efforts in this aspect."

     --"We are optimistic about the outlook" of the bilateral relation in the

long term, Li said, though noting possible fluctuations ahead. Both economies

are so interconnected that they have to resolve their trade conflicts, Li said

"If we have problems in trusting each other, we should tackle them in time."

     --Li reiterated China's determination to stick to reform and opening up its

economy. He said that this year's tax cuts will be strictly implemented.

--MNI London Bureau; +44 203 865 3829; email: jason.webb@marketnews.com

[TOPICS: M$A$$$,M$Q$$$,MC$$$$,MGQ$$$]