【正确答案】

The Development of China-U.S. Economic and Trade Ties
and the Overall China-U.S. Relations

Economic and trade ties have been an important component of China-U.S. relations and the most active element in the contacts between the two countries. Since the establishment of diplomatic relations between China and the United States in 1979, the two countries' economic and trade cooperation has been growing rapidly despite a number of twists and turns in their overall relations over the years. As the economies of China and the United States become increasingly interdependent, economic and trade cooperation has functioned as a stabilizer for relations between the two countries. With the deepening of China's reform and the furtherance of its opening up, economic and trade cooperation between China and the United States will play an even bigger role in the development of their bilateral relations.
The current economic and trade ties between China and the United States are already quite close, and the two countries have become important trade partners. The two countries are highly complementary in economic and trade areas, making it possible for them to share each other's huge market. Given their big differences in the level of development and structure of resources, as well as their respective comparative advantages in labor, capital and technology, China and the United States can reinforce each other's strengths by enhancing their economic and trade cooperation.
It is inevitable that new problems will arise in the process of fast growing economic and trade cooperation between China and the United States. To resolve these problems will be a long-term task of both countries. Politicizing the economic and trade issues or adopting trade protectionism would only jeopardize the interests of both sides. China and the United States should expand areas of common interest and achieve mutual benefits and win-win results from a developmental perspective.
Economic and trade ties between China and the United States and the overall China-U.S. relations are interactive; that is to say, a
rapid development in economic and trade ties can promote the development of the overall relations between the two countries, while normal bilateral relations will create a favorable political atmosphere for the development of their economic and trade relations. Developing the mutually beneficial and win-win economic and trade ties are of great significance to the enhancement of the welfare of the peoples of China and the United States and the promotion of an all-round, healthy growth of the China-U.S. relations in the new century. The history of the past three decades since the establishment of diplomatic relations between China and the United States has proved that China-U.S. economic and trade ties will develop rapidly when the bilateral relations are sound and that the development of such ties will slow down, come to a standstill or even go backwards when the bilateral relations are otherwise.