Global EditionASIA 中文雙語Fran?ais
    Business
    Home / Business / Policies

    Sino-US deals top reported $253.5b

    By Zhong Nan | China Daily | Updated: 2017-11-14 07:41
    Share
    Share - WeChat

    The business deals reached between China and the United States last week actually significantly exceeded the $253.5 billion signed at ceremonies during US President Donald Trump's state visit to China, according to a senior commerce official on Monday.

    President Xi Jinping and Trump witnessed the signing of commercial documents with a total value of $253.5 billion on Thursday.

    China's Vice-Minister of Commerce Yu Jianhua said aside from those documents, there were many deals in which agreements were reached separately involving complex, big-ticket contracts such as chemical and energy import deals that have taken months or years of negotiations to complete.

    "These commercial contracts involve trade and investment projects, with some needing to be implemented immediately and some settled via long-term talks," said Yu. Without specifying an amount for such contracts, he said they were significant and will benefit both countries.

    It took a month and half of talks, for example, before China Petroleum and Chemical Corp and Bank of China were able to sign a joint development agreement last week with Alaska Gasoline Development Corp and the State of Alaska to jointly build an integrated liquefied natural gas system valued at $43 billion.

    Chinese and US companies signed 34 deals worth $253.5 billion during Trump's visit, involving energy, the chemical industry, environmental protection, culture, medicine, infrastructure, smart city development, and business projects in markets related to the Silk Road Economic Belt and 21st Century Maritime Silk Road.

    Yu said the results achieved between businesses of the two nations during the visit demonstrates the robust enthusiasm and support of the two business communities for a closer relationship. It will surely inject new impetus into economic and trade relations between China and the US, he said.

    "The meeting between President Xi Jinping and President Trump was a successful one and has great historic significance, drawing a new blueprint for bilateral economic and trade relations," said Yu, who also is China's deputy international trade representative.

    These deals meet the demand of companies from both nations, as many high-tech US companies are eager to compete with their European rivals, but certain export restrictions still exist, said Li Guanghui, vice-president of the Chinese Academy of International Trade and Economic Cooperation in Beijing.

    "China, in the meantime, also needs a large number of high-end US products as the country has already entered a new era of development supported by supply-side structural reform with a stronger focus on supply quality and economic rebalancing," Li said.

    Wei Jianguo, vice-president of the China Center for International Economic Exchanges, said, "Even though there are voices in the United States calling for protectionist trade measures or having a trade war with China, the two sides can work out new solutions, and bilateral ties won't be shaken by such opinions."

    Wei called for closer collaboration in agricultural product trade, environmental protection, civil aviation and high-tech products, clean energy, finance and urbanization.

    Robert Aspell, president of Cargill Investments (China), a branch of US agricultural conglomerate Cargill Inc, said his company is glad to see positive movement in China-US trade relations in recent months, and hopes to see further progress from Trump's China visit that will strengthen bilateral economic ties and facilitate open and inclusive global trading policies that benefit both countries.

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    亚洲av无码一区二区三区人妖 | 无码中文字幕日韩专区 | 成人无码AV一区二区| 久久精品中文字幕无码绿巨人 | 粉嫩高中生无码视频在线观看| 日韩区欧美区中文字幕| 免费 无码 国产在线观看观| 亚洲AV无码成人精品区在线观看 | 日韩中文字幕在线观看| 久久精品无码一区二区三区免费| 亚洲中文字幕不卡无码| 成人麻豆日韩在无码视频| 亚洲VA中文字幕无码毛片| 天码av无码一区二区三区四区| 久久亚洲AV成人无码国产| 亚洲精品无码高潮喷水在线| 无码H黄肉动漫在线观看网站| 亚洲成a人片在线观看中文动漫| 最好的中文字幕视频2019| 亚洲AV无码一区二区三区在线观看| 久久久久久久人妻无码中文字幕爆| 亚洲欧洲精品无码AV| 亚洲一区爱区精品无码| 人妻少妇无码精品视频区 | 久久无码AV中文出轨人妻| 天堂最新版中文网| 中文字幕亚洲第一在线| 狠狠精品干练久久久无码中文字幕| 中文字幕精品亚洲无线码二区| 色噜噜亚洲精品中文字幕| 中文字幕人妻无码一区二区三区| 无码人妻一区二区三区免费视频| 特级小箩利无码毛片| 中文字幕 qvod| 中文字幕第3页| 亚洲AV无码无限在线观看不卡| 国产丰满乱子伦无码专区| 亚洲AV无码一区东京热| 久久ZYZ资源站无码中文动漫| 99久久国产热无码精品免费| 亚洲日韩VA无码中文字幕|