WASHINGTON, April 27 (Xinhua) -- Chinese and U.S.
firms signed 32 trade and investment contracts on Monday worth some 10.6 billion
U.S. dollars, which the U.S. Chamber of Commerce said will support U.S. economic
growth and job creation.
U.S. Commerce Secretary Gary Locke (L)
meets with visiting Chinese Commerce Minister Chen Deming at the US
Commerce Department in Washington, the United States, on April 27,
2009.(Xinhua/Zhang Yan) Photo
Gallery>>>
"With businesses in both countries struggling, these
deals come at a critical time and will help create jobs and stronger commercial
bonds between the United States and China," said Myron Brilliant, the chamber's
senior vice president of international affairs, who presided over the signing
ceremony.
Companies like China Mobile, Lenovo, Amway, Cisco,
Dell, Emerson, EMC, Ford, Freescale and Hewlett-Packard signed deals at the
ceremony.
"The Chinese government does not pursue a trade
surplus with the U.S.," visiting Chinese Commerce Minister Chen Deming wrote in
an article published on The Wall Street Journal on Monday.
"We will continue to encourage Chinese companies to
import more from the U.S., and we will also welcome U.S. companies and
trade-promotion agencies to be more active in China," said Chen.
Prior to the signing ceremony, the U.S. Chamber of
Commerce and the China Chamber of Commerce for Import and Export of Machinery
and Electronic Products hosted a forum, at which senior American and Chinese
business executives spoke about the importance of U.S.-China cooperation in
addressing shared economic, geo-strategic, and environmental challenges.
U.S. Trade Representative Ron Kirk (L)
meets with visiting Chinese Commerce Minister Chen Deming at the US Trade
Representative Office in Washington, the United States, on April 27,
2009.(Xinhua/Zhang Yan) Photo Gallery>>>
WASHINGTON, April 27 (Xinhua) -- Top Chinese and U.S.
trade officials pledged Monday to strengthen bilateral trade cooperation amidst
the ongoing global financial crisis.
"We welcome American companies that want to increase their
investment in China," visiting Chinese Commerce Minister Chen Deming said when
meeting his U.S. counterpart Gary Locke. "Meanwhile, we also encourage capable
Chinese companies to invest in the U.S." Full story
WASHINGTON, April 27 (Xinhua) -- Chinese
Commerce Minister Chen Deming has called for stronger economic ties between
China and the United States.
"Economic links have always been an important basis
for the China-U.S. relationship, and the growth in trade between the two
countries has been robust since the establishment of normal diplomatic
relations," Chen wrote in an article published in The Wall Street Journal on
Monday. Full story
BEIJING, April 27 (Xinhua) -- The U.S. business community
in China called for the U.S. government to carry out a review and revision of
"antiquated export control regulations" here on Monday.
"U.S. export control policies do not adequately
incorporate the realities of this global environment," said the 2009 White Paper
on the State of American Business released by the American Chamber of Commerce
in China (AmCham-China) the same day. Full story
BEIJING, April 23 -- A Chinese trade delegation is leaving
Thursday for the United States to explore trade and investment opportunities,
close on the heels of a similar mission to Europe in February, according to
sources.
The team will visit San Francisco, Washington and Chicago
from today to May 1st, according to an initial schedule of the mission seen by
China Daily. Full story
WASHINGTON, April 22 (Xinhua) -- U.S. Treasury Secretary
Timothy Geithner said on Tuesday that the prosperity of the American economy
needs the rest of the world to recover.
"The rest of the world needs the U.S. economy and
financial system to recover in order for it to revive," said Geithner in remarks
to the Economic Club of Washington. "We remain at the center of global economic
activity with financial and trade ties to every region of the globe." Full story
WASHINGTON, April 21 (Xinhua) -- World Bank President
Robert Zoellick said on Tuesday that the United States and China should work
closely to cope with the current crisis.
"We try to point it out that in addition to getting out of
this economic downturn, its important for the United States and China to work
cooperatively on mutual structural reforms," Zoellick responded to a question
raised by Xinhua. Full story
