China assures U.S. delegation on trade

BEIJING, Feb. 16 (UPI) -- More exchanges between U.S. and Chinese business executives would help promote bilateral trade cooperation, Chinese Vice Premier Wang Qishan said.

Speaking to a visiting U.S. business delegation, Wang lauded the contribution of U.S. businesses and promised his government would create a sound environment for business cooperation between the two countries, China's state-run Xinhua news agency reported.

John Mack, chairman of Morgan Stanley and leader of the delegation, said the U.S. business community would increase such exchanges and play a positive role in developing bilateral relations, the report said.