Home · Weather · Forum · Learning Chinese · Jobs · Shopping
Search This Site
China | International | Business | Government | Environment | Olympics/Sports | Travel/Living in China | Culture/Entertainment | Books & Magazines | Health
Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
China calls for expanding trade and investment with US
Adjust font size:

China and the United States need to strengthen cooperation in commerce and trade and solve disputes through dialogue, Vice-Minister of Commerce Chen Deming said in Beijing on Wednesday.


Chen made the remarks at a press briefing during the Third China-U.S. Strategic Economic Dialogue (SED), which began on Wednesday and will run through Thursday.


The two countries could reduce friction by expanding trade and increasing investment, said Chen.


He praised the Sino-U.S. Joint Commission on Commerce and Trade, which concluded its 18th meeting on Tuesday, saying that it had served as an effective venue for bilateral negotiation.


Chinese data show that bilateral trade volume had risen from less than 2.5 billion U.S. dollars annually in the late 1970s, when China and the United States established diplomatic relations, to 262.68 billion U.S. dollars in 2006.


China has been the fastest-growing export market for the United States for five straight years and is anticipated to become the third largest buyer of U.S. goods this year, after Canada and Mexico.


Chen also urged the world's largest developing and developed countries to jointly tackle new challenges from globalization, which he said include unbalanced development among different regions, expanding income gaps and uneven industrial development.


The joint efforts include maintaining a stable currency and the steady development of the domestic economy, he said.


(Xinhua News Agency December 13, 2007)

Tools: Save | Print | E-mail | Most Read

Username   Password   Anonymous
China Archives
Related >>
- China, US to sign deal on environmental protection
- China opposes politicizing trade issues
- China, US sign substantial agreements
Most Viewed >>
-China set to hit the brakes on rising yuan
-Power to resume shortly in worst-hit area by snow
-Online operators are on top of the game
-Macao's gaming market expands further
-Insurance firms set to stump up billions

May 15-17, Shanghai Women's Forum Asia
Dec. 12-13 Beijing China-US Strategic Economic Dialogue
Nov. 27-28 Beijing China-EU Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
SiteMap | About Us | RSS | Newsletter | Feedback

Copyright © All Rights Reserved E-mail: Tel: 86-10-88828000 京ICP证 040089号