BEIJING — China-US decoupling does no good to either side and will harm the world as the two countries are major economies and their ties are crucial, Premier Li Keqiang said on May 28.

It is true that the China-US relations have encountered some new problems and challenges, Premier Li said at a press conference after the conclusion of the annual national legislative session.

There are many areas where the two countries — as permanent members of the UN Security Council — can and should work with each other in tackling both traditional and unconventional challenges, he said.

"There are extensive exchanges between the two countries in the economic, trade, scientific, technological, cultural and other fields," Premier Li said. "It is fair to say that there are extensive common interests between China and the United States."

Both countries stand to gain from cooperation and lose from confrontation. Getting the Sino-US relationship right is in the interest of both peoples and the whole world, Premier Li said. "That is why some problems (in the bilateral ties) have led to concerns in the international community."

"We should continue to work together to follow through the consensus reached between the heads of state of the two countries and work jointly to foster a Sino-US relationship based on coordination, cooperation and stability," Premier Li said.