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The steady growth of the Chinese economy not only generates more jobs for China, but also offers a boost to the U.S. economy, he said. "The two economies are highly interdependent."

BANGKOK, Oct. 9 (Xinhua) -- Thailand is willing to link its development plan with China's, and ready to work with China to make sure their cooperation on railway can move on, Thai Prime Minister Prayut Chan-o-cha said during his meeting with Chinese Vice President Li Yuanchao here on Sunday.

Overall, the Chinese economy this year, especially in the third quarter, has performed better than what we expected. Employment, in particular, has remained basically stable. Each year in the past three years, more than 13 million new urban jobs were created. In the first nine months of this year, the number stood at 10.67 million, maintaining this rate of job creation. In September, the surveyed urban unemployment rate in 31 big cities fell below 5 percent, the first time in recent years. For China, a big developing country of more than 1.3 billion people, employment is of primary importance. The main purpose of growth, after all, is to ensure job creation and improve people's well-being.

Those achievements were possible because the two sides established common political ground by upholding the 1992 Consensus and opposing "Taiwan independence."

The center would initially aim to train some 500 employees, local partners and industry collaborators, and potentially expand into a research and development facility for Latin America, similar to the ones Huawei has in Germany, Sweden, Britain, France, Italy, Russia, India and China.