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BEIJING, April 9 (Xinhua) -- Visiting U.S. Under Secretary of State Robert D. Hormats said here Friday he is very optimistic the United States and China could address problems in a constructive way.He made the remarks when delivering a speech at the China Institute of Contemporary International Relations. Hormats, who once served as a senior economics advisor to Dr. Henry Kissinger, has visited China many times.He hailed the U.S.-China relationship that has witnessed "remarkable development" since the two countries forged diplomatic ties.But that does not mean there are no differences or competition between the United States and China, he added.Still, when looking back, the differences the two countries have been resolved in a constructive way, he said.The two countries' leaders understand they need to get along, he said.Hormats has made the visit to China amid calls in the United States for China to let its currency, the yuan, appreciate in value against the dollar.He said the United States commends China for its efforts to undertake rebalancing in China, and "we think China had made great progress.""We do not regard the competition with China as a zero-sum game," Hormats said, adding that strong growth in China helps the United States.The U.S.-China relationship is extremely important, and the two countries have a great opportunity now to do things in their common interests, he said.At the upcoming Nuclear Security Summit in Washington, Chinese President Hu Jintao and U.S. President Barack Obama will meet while the second China-U.S. Strategic and Economic Dialogue will take place in May.Hormats also said the two countries need to enhance collaboration within the global architecture, and expand cooperation in areas such as clean energy, innovation and economic rebalancing.Hormats will also attend the annual meeting of the Boao Forum for Asia (BFA) in China's southernmost Hainan Province.

BEIJING, April 17 (Xinhua) -- Chinese Vice Premier Li Keqiang urged more efforts to expand domestic demand and restructure the economy to revitalize the old industrial base in northeast China.Li made the remarks during an inspection tour to northeast China's Liaoning Province between Wednesday and Saturday.Urbanization, which in itself is a kind of economic restructuring, offered great potentials for expanding domestic demand, Li said.Chinese Vice Premier Li Keqiang (4th R) listens to the introduction of the comprehensive plan of the construction of Lingang Industrial Park at Changxingdao in Dalian, northeast China's Liaoning Province, April 15, 2010. Li made an inspection tour in Liaoning from April 14 to 17.He also stressed the role of scientific and technological innovations in transforming the economic development mode and creating new advantages in competition.Improved livelihood of the people is a major symbol for the revitalization of the old industrial base, said Li, urging local governments to step up efforts to improve people's well-being in the process of economic development

OMAHA, The United States, May 1 (Xinhua) -- U.S. billionaire Warren Buffett said on Saturday that China is an amazing economy and the Chinese people will be living better lives in 20 years than today.When responding to a question from a Chinese student who is currently studying at Kansas City, Buffett said China is a country with great potential."China is an amazing economy, there's no question about that, and China's excising this kind of potential," Buffett said at the annual shareholders' meeting of Berkshire Hathaway.Buffett, CEO of Berkshire Hathaway, also emphasized that countries around the world do learn from each other.China may learn a few things from U.S. in its own development, but "they don't take everything we have," he said, adding that at the same time, countries like India and China are also helping improve U.S.The billionaire said he was full of hopes for emerging economies like India and China. "People in India and China will be living better lives in 20 years than today."

BEIJING, April 7 (Xinhua) -- Top political advisor Jia Qinglin said Wednesday the mainland visit by retired generals from Taiwan has enriched the content of exchanges across the Taiwan Strait and is a sign of improved ties.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), made the remarks while meeting with the delegation led by Hsu Li-nung.Cross-strait relations have seen significant changes in recent years and ties between the mainland and Taiwan reflect a bright future for peaceful development, he said.Jia Qinglin (R), chairman of the National Committee of the Chinese People's Political Consultative Conference, talks with Hsu Li-nung during his meeting with a delegation of retired generals from Taiwan led by Hsu, in Beijing, China, April 7, 2010.The two sides should oppose "Taiwan independence" secessionist activities and stick to the principle that the mainland and Taiwan belong to one China to maintain peace across the Strait, Jia said.Such a situation forms a solid political basis for the development of cross-Strait ties in the right direction, he added.