As China and the United States enter the 40th year of their diplomatic relationship, China remains committed to expanding cooperation, managing differences and developing its ties with the US, China’s ambassador to the US told a business gathering on Monday.

“The world and our two countries are not the same as 40 years ago, and our relations have to evolve with the times, but all this only underscores the needs for closer China-US cooperation,” Ambassador Cui Tiankai said during the Chinese Lunar New Year Gala hosted by the China General Chamber of Commerce-USA (CGCC).

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