Zhong added that in 2009 the dollar depreciated against the euro, the Japanese yen and the South Korea won, which did not bring about fundamental changes in the trade between the U.S. and these countries.

"As a matter of fact, only a basically stable renminbi and dollar are conducive to the overall interest of the international community," he said.

Meanwhile, Zhong said China always upholds and seeks balanced trade, urging the U.S. side to vigorously expand exports to China.

"Only balanced China-U.S. trade could bring about sustained development, mutual benefits, and a win-win relationship," Zhong said. "The achievement of this goal rests not with restricting China's exports to the U.S. but with increasing U.S. exports to China."

"We hope that the U.S., while implementing its strategy to boost exports, can scrap the Cold War mentality, relax its export control against China, and expand the export of competitive products to China," said the Chinese trade official

Zhong said he agreed with Chinese Premier Wen Jiabao's recent comments on China-U.S. relations. Wen said that it is always better to have a dialogue than a confrontation, cooperation than containment, and a partnership than a rivalry.

"As long as we approach the China-U.S. commercial relationship in a responsible manner we will definitely be able to make it more stable and sound," said Zhong in the article.

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