Head of the International Department of the Communist Party of China (CPC) Central Committee Wang Jiarui in Beijing Tuesday suggested Sino-US economic circles strengthen mutually beneficial cooperation, enhance mutual trust and expand common ground to promote the development of bilateral ties.

During his meeting with Sidney Taurel, Chairman of Eli Lilly and Company, Wang said that China attaches great importance to the development of Sino-US relations and commits itself to building closer economic and trade cooperation ties between the two countries.

Taurel said his company has always dedicated itself to pushing forward bilateral cooperation in the economic and technological fields and will continue to make contribution to the Sino-US relation development by expanding its economic and trade cooperation with China.

(Xinhua News Agency August 10, 2005)