Chinese Vice Premier Wang Yang said Tuesday at the China-U.S. Joint Commission on Commerce and Trade in Washington that he's confident about bilateral ties between the two countries. Wang said, too, that economic cooperation between the U.S. and China is the only correct choice.

"At present everyone is concerned about the future policy direction of the bilateral trade and economic cooperation between China and the U.S. We are looking forward to seeing how the U.S. will take action. It is hard to forecast that, as it was hard to forecast your election result. Today, I am glad to see so many friends gathering here. Although the U.S. government will have a new administration, the passion for economic cooperation between our two countries does not change. I think the future cooperation will be bright. If there are serious problems in China-U.S. cooperation, it won't only hurt the two countries' economies, but will also raise uncertainties about the recovery of the global economy. As two responsible big countries in the world, cooperation is the only correct choice. "Chinese vice premier Wang Yang said.