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When answering a question about Trump's remarks on China, in which he said it was "highly unlikely" that the United States would accept China's request to hold off on the tariff increase, Geng said that China has repeatedly stressed that the essence of China-U.S. economic and trade cooperation was mutually beneficial and a win-win option.
Xi's speech is very much welcomed because "what we need today is not more borders but less borders," said WTO Director-General Roberto Azevedo, adding that "we need countries to leverage their potential to help each other and to give more opportunities to businesses and for growth."
"Over the past 40 years, the private sector of the economy has become an indispensable force behind China's development," Xi said.
Li made the remarks at the 13th East Asia Summit held Thursday afternoon in Singapore, which gathered leaders of the ten member states of the Association of Southeast Asian Nations (ASEAN) as well as Australia, China, India, Japan, New Zealand, Russia, South Korea and the United States.
China's commercial banks are also playing increasingly important roles in promoting bilateral financial cooperation with Singapore. Take the Bank of China for example, as of late July, its Singapore branch has raised an accumulated more than 16 billion U.S. dollars of fund for financing BRI projects.
来源：资阳报