China hopes that the current trade talks with the United States will generate mutually-beneficial outcomes, Premier Li Keqiang said at a news conference after the annual legislative session concluded on Friday.

Such a result is also what the whole world would like to see, Li said, adding consultations between the two sides on trade disputes are still underway under the guidance of the consensus reached between the two heads of state during the G20 summit in December.

Noting that the China-US relationship has gone through some twists and turns in the past four decades, Li said the underlying trend has not changed.

"This is because there is a broad common interests between China and the US, and their shared interests far outweigh differences," Li said, adding it is neither realistic nor possible to decouple these two economies.

He called on the two countries to continue to follow the principles of cooperation before confrontation, and to maintain mutual respect, equality and mutual benefits to develop their ties, including their economic and trade relations and deliver concrete benefits to the people of the two countries.

"As for the differences and disagreements, we have confidence that people of the two countries have the wisdom and capability to diffuse their differences and manage them properly to pursue steady and sound growth of the China-US relationship that is in keeping with the trend of the times," Li said.

He added that the bilateral relationship will continue to forge ahead despite twists and turns as steady growth of the ties is in the interest of both countries and the whole world.