And finally, Qin said it’s misleading to think that cooperation is being replaced by competition and confrontation. “In fact, the need for China-US cooperation is not decreasing but increasing. Our two countries should not be enemies, but partners,” he said, noting that over 70,000 US companies have investments in China; 95% of them made profits in China last year, and 64% saw their Chinese revenues grow, according to the latest report of the US-China Business Council.