China eyes new progress in building new model of major-country relations with US

China hopes to make new progress with the Unites States in building a new model of major-country relations between the two countries, a Chinese Foreign Ministry spokesman said Saturday.

Qin Gang made the remarks when asked to comment on a speech made by US President Barack Obama on Washington's Asia-Pacific policy, including its China policy, in the University of Queensland on the sidelines of a Group of Twenty summit.

"We noticed that President Obama reaffirmed in the speech that the United States welcomes the rise of a peaceful, stable and prosperous China," Qin said.

"We hope that the US side will make concerted efforts with China ... in accordance with the consensus reached by the two countries' heads of state during their meeting in Beijing," he said.

Qin also called on the world's two largest economies "to enhance coordination and cooperation, properly manage and control disputes and sensitive issues, and put into practice the principle of no conflict, no confrontation, mutual respect, cooperation and common prosperity."

That "serves the fundamental interests of the two countries and the two peoples, and is conducive to the peace, stability and prosperity of the Asia-Pacific region and the world at large," the spokesman said.

Before his Australia tour, Obama attended the 22nd Economic Leaders' Meeting of the Asia-Pacific Economic Cooperation forum in Beijing and paid a visit to China.