"This prize is more like an example of China-U.S. mutually beneficial economic trade than a prize awarded to me," said Premier Wen Jiabao at a press conference for the "two sessions" on March 14, 2012, referring to his prize as "Best Friend of U.S. Labor Class" that he was awarded not long ago.

On March 2, the International Longshoremen's Association awarded this prize to Premier Wen, to express their gratitude to the Chinese leaders for supporting China-U.S. economic and trade cooperation, and also for "China's major contribution in driving up employment for American workers and their families."

This prize refutes the claim that Chinese have stolen American jobs.

Going global directly driving up overseas employment

China has been a job's machine for the United States. According to China's Ministry of Commerce, China's non-financial foreign direct investment in the U.S. grew from $130 million in 2006 to 1.39 billion in 2010, a near ten-fold increase. Over the past five years, China's investment in the United States in the past five years has grown at a pace unrivaled by other countries, which shows jobs created by China's investments in the country have rapidly increased.

Another report titled Open the Door and Make Full Use of China's Direct Investments in the United States," which was written out by the Americans, also proves this point: In 2010, China's total investments in the U.S. reached $5 billion. Chinese businesses have created 10,000 jobs in the U.S.

In March 2002, China Ocean Shipping (Group) Company, or COSCO, opened a direct shipping route between China and Boston. The creation of that line preserved more than 9,000 jobs at the Port of Boston. The port had been in a slump since 2000 after a number of companies cancelled their lines because of a sluggish shipping market. The International Longshoremen's Association – North America's largest union of maritime workers – awarded COSCO its Job Creation Award in 2007 and its award of Guardian of American Workers in 2011.

Because of various restrictions imposed by the U.S., China's investments in the country account for a small fraction of its total international investments. In 2010 it was less than 6 percent.

In a speech delivered while on a visit in the U.S. in January 2011, President Hu Jintao said China has helped create 14 million jobs globally.

Made in China promoting overseas job market

Shengzhou, a city in China's southeast Zhejiang Province, produces 40 percent of the world's ties. Importing products from Shengzhou, U.S. businessman Greg Shugar's company has developed into one of the largest online tie trade companies in the Untied States. "All of our ties are imported from Chinese factories. We created four new jobs every two weeks," said Shugar.

The U.S. routinely blames its trade deficit with China for its past manufacturing woes and for stealing American jobs.

Shugar, an American businessman who engages in daily trade with China, said that one fact of the U.S.-China trade relationship is overlooked: Jobs lost in the manufacturing industry have already been recovered from newly created jobs in the circulation industry.

"Without China, the largest employer of Americans, Walmart would never have grown into the giant it is today," said Shugar.

He may be right. In 2011, Wal-Mart Stores Inc's global sales were roughly $420 billion and employed 2.1 million people. Every $100 million-worth of sales creates 500 jobs. Thus, suppose Wal-Mart sells $10 billion-worth of products imported from China, 50,000 jobs will be created.

Low cost but high quality made in China products helped American consumers save $600 billion in 10 years and at the same time putting Americans to work both inside and outside the manufacturing industry.

What else can China do for world?

Is China able to create more jobs for American workers? He Weiwen, Director of the American Economic Association, sees more prosperity ahead for China-U.S. relations. He made a calculation according to China-U.S. cooperation on tourism: In 2010, more than 800,000 Chinese citizens made a short-term stay in the U.S., with a per-capita consumption of more than $6,000, much higher than the world's average level. If Chinese tourists to the U.S. reach 1.3 million in 2013, and everyone spends an average of $2,500 on shopping, the retail volume will be $ 3.25 billion and 10,185 jobs can be created. Besides, hotel accommodation, transportation and catering can create tens of thousands of jobs too.

Chinese enterprises' going global policy is still at the primary stage. By the end of 2010, China's foreign direct investments only account for 1.6 percent of the global stock. To accelerate development and bring China's power into bigger play to a large extent now depends on countries like the United States to lower access threshold for Chinese enterprises, to create favorable conditions for mutual investments.