BEIJING, Nov. 21 -- U.S. President George W. Bush has concluded his three day visit to China and is now in Mongolia.

    In his talks with Chinese leaders, President Bush acknowledged that the China-US relationship was important and his visit would help further cement it.

    The U.S. President also voiced his positive view on the development of China's economy, calling on China to play an even bigger role in promoting the world economy.

    A Chinese scholar on Sino-US relations, Liu Xuecheng said this shows that the US China policy has undergone a transformation.

    "A policy shift has been made when they dropped the words "strategic competitor" to describe China. Instead, they call China now a "stake-holder". This signals a major strategic transformation. Both sides are clear that consultation and dialogue instead of confrontation are the means to resolve differences."

    The US president stayed in Beijing for nearly 40 hours. Chinese President Hu Jintao and Premier Wen Jiabao held talks and met with him on Sunday.

    During their talks, President Bush invited Hu Jintao to visit the United States at the earliest possible date, and the Chinese president accepted the invitation.

    China was the third leg of Bush's four-nation Asian tour. Earlier he visited Japan and the Republic of Korea and attended the meeting of the Asia-Pacific Economic Cooperation forum in Busan.

(Source: CRI)