January 1st, 2019 marks the 40th anniversary of the establishment of formal diplomatic relations between China and the United States. After forty years of ups and downs, China-US relations have entered a mature stage. Although the development of bilateral relations has not been smooth and easy along the way, both countries were able to maintain the constructive development and cooperate with each other on various regional and global issues. Based on the mutually agreed principles and consensus as well as multiple dialogue and coordination mechanisms between China and the United States, the bilateral relations are steady and progressive through effective cooperation in many fields to deliver tangible benefits to the well-being of the two peoples and the fundamental interests of the two countries. In other words, the China-US relationship development had a “spiral” pattern with upward direction and many solid mutual benefits.
When Mrs. Wei Yan, the President of Home and Abroad News Press, met with American Former President Bill Clinton in Los Angeles, USA, she reviewed the past 40 years of the China and U.S. relations. The Clinton Period was during the most peaceful time in the world, it was also the most prosperous time after World War II in the United States. The country was considered having the most controlling power and most influential country in the world, even its strong and profound influence on the Taiwan Strait Crisis period.
During President Clinton's presidency, the U.S. economy was unprecedented prosperity, and the country did not suffer from any wars or economic depression. During that period, the three major Wall Street stock indexes reached new heights repeatedly. All achievements made President Clinton as one of the most successful presidents in the United States history, and his eight-year administration was praised as the golden eight years.