Yu Jianhua attended the Sino-US Economic and Trade Cooperation Forum and delivered a speech of Chinese trade and investment cooperation activities in the United States to achieve positive results
February 17, sponsored by the Chinese Ministry of Commerce, China Machinery and Electronic Products Import and Export Chamber of Commerce, City of Los Angeles, USA and China General Chamber of Commerce, the Los Angeles Association of Chinese-funded enterprises, the U.S. Chamber of Commerce, the Greater Los Angeles Chamber of Commerce co-hosted the "Sino-US Economic and Trade Cooperation Forum" in held in the City of Los Angeles, California, USA. Vice President Xi Jinping attended the opening ceremony and delivered a speech. Bryson, international trade negotiations on behalf of the Ministry of Commerce and Vice Minister Gao Hucheng, Hebei, Inner Mongolia, Jiangsu, Fujian, Hubei, Guizhou and Ningxia provinces, autonomous regions and central departments of the principal leaders of the U.S. Commerce Secretary, and Vice Minister of Sanchez, the governor of California, Brown , Director of Trade Development, Zach, Los Angeles Mayor Villaraigosa, Los Angeles County County Chang An East Norwich and other U.S. politicians, in the United States embassies and consulates as well as entrepreneurs from China and the United States total more than 1,200 people attended the forum. Forum held during the signing ceremony, around and deepen economic and trade cooperation, promote the exchange of Sino-US Province, to strengthen two-way investment in the manufacturing, infrastructure and services cooperation on three topics in the discussion.
Assistant Minister of Commerce Yu Jianhua attended the forum and to expand imports from the U.S. to promote the balanced development of trade "issue a statement. He said in his speech that China and the United States is the world's two largest economies, but also the world's two largest trading nation. China and the United States GDP account for nearly 38 percent of global GDP; Sino-US trade account for about 20 percent of the world. The stable development of Sino-US economic and trade relations are of great significance to the development of world trade and the world economy.
Yu Jianhua on Sino-US trade deficit, he said, Sino-US trade imbalance are many reasons, both the reasons for the differences statistically between the two sides, but also the results of the international division of labor under conditions of economic globalization. China has implemented a basic balance between import and export policy, does not deliberately pursue trade surplus. Solve the trade imbalance, the two sides make joint efforts. China is willing to increase U.S. imports of aerospace, auto parts, health medicine, semiconductor manufacturing equipment, high-tech equipment, renewable energy, clean energy, new materials, safety equipment, communications, information technology products, in expanding bilateral the scale of trade, while the progressive realization of the basic balance of bilateral trade.
Yu Jianhua on the expansion of bilateral economic and trade relations between China and the United States put forward three proposals: First, expand two-way investment cooperation. China welcomes U.S. investment, and focus on addressing the concerns of the U.S. intellectual property protection, industrial policy, foreign investment environment, to help U.S. companies to deal with the problems encountered in operating in China. China will "going out" strategy and the United States Select United States, "a combination of initiatives take full advantage of the China Investment and Trade Fair, China and the United States Province Governor Forum platform, actively carry out investment promotion activities, the United States to encourage Chinese enterprises to the United States investment. The second is to explore new areas of cooperation. China will combine its own to adjust the industrial structure, transform the mode of cultivation and development of emerging industries of strategic initiatives such as, speed up the study of Sino-US companies in the energy saving and environmental protection, information technology, biotechnology, high-end equipment manufacturing, new energy, new materials, new energy vehicles feasibility of, medicines and medical equipment, and tourism cooperation in the field. China welcomes U.S. enterprises to participate in the International Service Trade Fair (Fair) held in Beijing on May 28 this year. The third is to strengthen cooperation in infrastructure construction. Both sides can have a mechanism to strengthen cooperation in the field of infrastructure. Encourage their enterprises to actively seek cooperation opportunities in the field of high-speed railway, highway, port and dock construction, and power grids.
In line with the Vice President Xi Jinping's visit to the U.S. Commerce Department, headed by Yu Jianhua Assistant Chinese Trade and Investment promotion missions to visit the United States on February 12 to 17 in the United States to carry out a series of trade and investment promotion activities. Trade and Investment Promotion Delegation composed of six sub-groups, more than 300 enterprises, more than 500 representatives. During his stay in the United States, the delegation met with business, trade and investment promotion, project contract negotiations carried out in 11 cities in eight states and Washington, DC, nearly 70 trade and economic activities. Trade promotion group in the United States around the signing of agreements, memoranda and a total of 149, the total amount of $ 38.6 billion. Among them, 50 Chinese from the United States purchases 37 exports to the U.S. project, investment in the U.S. 12, U.S. investment in China 25, 25 bilateral economic and trade cooperation projects, involving new energy, agricultural trade, communications equipment, computer parts , software, medicine, light industry products, infrastructure construction and other key areas of bilateral economic and trade cooperation. Trade promotion group in the United States carried out a series of trade and investment promotion activities between the two sides to expand exchanges and cooperation in trade, investment and other economic and trade fields, and promote enterprises of both countries have extensive contacts and exchanges, and promote Sino-US economic and trade relations and mutually beneficial win-win development.