Photo taken on July 19, 2016 shows the construction site of the rehabilitating project of Gerritsen Inlet Bridge carried out by China Construction America in New York, the United States. China Construction America, a Chinese construction company, started its business in the United States in 2000 with only 12 employees and less than 10 million dollars of annual revenue. In 2016, it employed around 2,000 workers, 98 percent of whom are Americans. Its revenue jumped to 2 billion dollars. Foreign Direct Investment (FDI) between China and United States reached an all-time high of 60 billion U.S. dollars in 2016, according to a recent report, which said the figure has elevated the importance of two-way FDI in the two countries' economic relationship. The report, "Two-Way Street: 2017 Update," which was jointly released by the Rhodium Group and the National Committee on U.S.-China Relations on Wednesday, also showed the cumulative value of U.S. FDI in China since 1990 has exceeded 240 billion dollars, while Chinese companies have invested a total of 110 billion dollars in the United States during the same period. (Xinhua/China Construction America)
