Jiang Expects In-depth Discussion with US President

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Last updated at: (Beijing Time) Wednesday, October 09, 2002

Jiang Expects In-depth Discussion with US President

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Chinese President Jiang Zemin said in Beijing on Tuesday he expects to have in-depth discussions with US President George W. Bush on China-US relations and other issues of common concern during his visit to the United States later this month.

Jiang said during a meeting with Lee Scott, president and chief executive officer of the Wal-Mart Stores Inc., who is visiting China as guest of the China International Trust and Investment Corporation (CITIC), that China-US relations had generally maintained an upward momentum.

The two countries made constant top-level exchanges and cooperated well over counter-terrorism, economics and trade, plus other issues of major regional and international concern, Jiang said.

Jiang said China appreciated Wal-Mart for its contributions to China-US economic and trade relations, and hoped more companies like Wal-Mart would bring advanced business ideas into China.

Scott briefed Jiang about his company's history and its operations in China. He said Wal-Mart hoped to expand its business in China.

Since 1984 he had visited China many times and the changes the country had experienced against a backdrop of many difficulties had made a deep impression on him.

Wal-Mart currently has 22 branches in China after establishing its first store in the country in 1996 in Shenzhen, in south China's Guangdong Province.

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