U.S. Deputy Treasury Secretary said the accident would not ask the Chinese to buy U.S. treasury bonds.

<P> "Today we are going together to see what changes are taking place in the world, and find useful solutions together," 8 am yesterday, including this newspaper, a few Chinese media were invited to participate in U.S. Treasury in Washington, .Deputy Minister David McCormick, the television and telephone conference on the current U.S. financial situation and the United States to discuss bilateral economic relations. .In an interview, David McCormick said the 700 billion U.S. dollars rescue package in a few weeks rather than months to implement. .China will spread before the market for subscription of which 200 billion U.S. dollars of special treasury bonds, he admits, the United States and other countries did not request to subscribe, but would welcome a foreign government investment. .</ P> <P> rescue package within a few weeks </ P> <P> in this global financial crisis, China's influence is increasingly obvious strength. .Emergency consultations in the United States cut interest rates in Europe and America, the United States Consulate General in Guangzhou, Guangzhou immediately notify the part of the media, the U.S. Deputy Treasury Secretary David McCormick will be in Washington in the form of a teleconference with the media to discuss the recent situation in the U.S. market. .8 o'clock yesterday morning, U.S. time at 8 pm, McCormick Field meeting in Washington on time, and first introduced the current U.S. government-related initiatives. .</ P> <P> McCormick pointed out that the U.S. government is stepping up the implementation of the financial rescue plan to restore market confidence as soon as possible, minimizing the financial crisis impact the real economy, he introduced this week, there have been some support for rescue package .The proposed program of support services, which support programs in the next few days to selectively introduced. ."We will in the coming weeks, not months," the implementation of relief program, specific details will be announced in the next few days. .</ P> <P> He pointed out that this crisis is not just American States, the need for countries to strengthen cooperation to ensure global financial system stability, the seven countries expected the upcoming meeting of finance ministers will discuss these aspects. ."For example in China, we need to understand China's current situation and to communicate the current situation the United States, followed by the G7 or G20 to open the meeting is to enable cooperation and communication leaders together to resolve (the crisis) method. </ P> <P> he .revealed that the focus of future rescue of mortgage assets is still focused on the protection and maintenance of the healthy development of financial institutions, as these will affect the operation of the market. "The main issue of uncertainty from the market, with the dark cloud of uncertainty .dissipated, the economy will be positively reflected. ."</ P> <P> China or any country without a request to buy U.S. securities </ P> <P> various media in Guangzhou, this reporter first asked about the McCormick gram in China in the position of the global financial rescue .problems. </ P> <P> "the United States, Europe and China mutual penetration, close ties with each other," McCormick said China's participation in global central banks jointly cut interest rates is a very positive step. China is the world's economic growth .engine, has an important position as a global investor, the financial turmoil will affect China's exports, but investment in China remains strong. </ P> <P> He also said, "China's lucky to avoid a similar problem (subprime crisis) and .occurred, the U.S. problems are caused because of the particular error. .We are addressing these issues, hopes China will continue its financial sector reform. ."</ P> <P> and recent media reports that China will re-subscribe for up to U.S. $ 700,000,000,000 bailout of $ 200,000,000,000 in debt, but then the central bank to be clarified. For this sensitive issue, McCormick .stressed that the U.S. is an open economy and welcomes foreign investment, but the U.S. did not ask China or any country to buy U.S. securities. "U.S. Treasury bonds, excellent quality, still attractive to many investors", </ P> <P> large .David McCormick: U.S. Treasury Deputy Minister for International Affairs, the United States after taking office, international finance, investment, economic development, international debt and other areas of policy has been to expand and improve coordination with the Group of Seven financial market policy .. appointed president for international economic affairs who previously worked deputy national security adviser, and Vice Minister of Ministry of Commerce, Export Administration and other staff. </ P>.