World comments on global significance of China-U.S. trade cooperation

President Hu, during his meeting with Obama, said the two countries should develop a global cooperation of partners to jointly deal with challenges.

Hu also said both sides should together shoulder the responsibilities of responsible and constructive big countries, and push forward the reform of the international financial and trade mechanisms.

Former U.S. Trade Representative Charlene Barshefsky said U.S.-China collaboration and cooperation will boost the world economy, and this point is very important for China, the United States, Japan, Europe and other regions in the world.

She said China and the United States are complementary in economy, and their bilateral exchanges will have significance for world economic growth.

Surin Pitsuwan, Association of Southeast Asian Nations (ASEAN) secretary general, said firm and close China-U.S. ties will be helpful for boosting investors' confidence in the Southeast Asian region.

He also said Asia's economy is developing fast and its status in the world is on the rise. ASEAN doesn't want to see this trend interrupted, and China-U.S. cooperation is a strong guarantee for this trend.

Professor Severino Cabral, director of Brazil's China and Asia-Pacific Research Institute, said Chinese leaders have many times appealed for reforming the current international financial system, and seeking a mode to better boost global trade.

The appeals would not only be helpful for developing countries, but aid industrialized countries in tiding over the global financial crisis, the professor said.

Cooperation and development are leading the global trend. China and the United States, as the world's two major economies, would benefit from working together and harm themselves by being rivals.

Based on historical experiences and reality, it is evident the United States needs China's cooperation for the sake of its own prosperity, and vice versa. Moreover, a comprehensive, cooperative, mutually beneficial and win-win economic relationship between the two countries is dispensable for world's prosperity.