Home>News Center>China
           
     

    Minister urges stronger Sino-US trade
    By Dai Yan (China Daily)
    Updated: 2005-12-10 06:34

    Minister of Commerce Bo Xilai on Friday told American businessmen that the relationship between China and United States is a win-win one, but both sides should work to make the market as big as possible rather than initiate a damaging trade war.

    Speaking at the American Chamber of Commerce's (AmCham) 2005 Appreciation Dinner, held at the China World Hotel in Beijing, Bo said: "If one side is successful, the other can be successful."

    However, he said there is a worry that some people in the United States are proposing to impose punitive duties on all Chinese goods because of the trade surplus.

    "But I have told you there will be a trade war if the United States does so. It would be a misfortune to every one here," Bo told 700 senior Chinese officials and US executives at the dinner.

    Chinese commerce minister Bo Xilai (L) and US trade representative Rob Portman sign a textile agreement.
    Chinese commerce minister Bo Xilai (L) and US trade representative Rob Portman sign a textile agreement. [AFP/file]
    Bo said he believed the big surplus in Sino-US trade is structural, and no one has forced them to make the deals.

    Chinese statistics say the trade surplus is expected to reach US$100 billion this year, while the US side predicted it would be US$200 billion.

    "The American businessmen all voluntarily do business with China. They are very smart and will not make money-losing deals," Bo said.

    Bo said according to his knowledge the US companies get 90 per cent of the profits from bilateral trade.

    Bo said he is happy as China and United States have solved the textile dispute, their largest trade problem since China entered the World Trade Organization (WTO).

    "The United States produces high- and medium-range products while China produces low- and medium-range ones. However, while you are eating lobster, you are still worrying that China eats too much sandwich," Bo said.

    The minister said he can understand the business behaviour but he believes US companies should focus more on the big Chinese market.

    "China still needs 500 aircraft by 2010 and the number could be as big as 3,000 by 2020. And Chinese people sent 100 million text messages just for New Year blessings."

    Bo said AmCham has done much to help China with its economic development.

    "You helped us with permanent normal trade relations (PNTR) and with our accession to the WTO."

    On his part, the commerce minister said he will work to provide a better business environment for foreign businesses in China, by focusing on improving transportation networks in China, by ensuring compliance with requirements of China's accession to the WTO, and by stepping up enforcement of intellectual property rights protection.

    (China Daily 12/10/2005 page1)



    Nanjing suspends live poultry sales
    New soldiers in Jiangsu
    Miss World Final to be held in Hainan
      Today's Top News     Top China News
     

    Minister urges stronger Sino-US trade

     

       
     

    Substandard US medical donations rejected

     

       
     

    Portugal welcomed as new strategic partner

     

       
     

    US nears agreement to join climate talks

     

       
     

    ASEAN, China ties praised by Malaysia

     

       
     

    Contracts signed for water diversion project

     

       
      Minister urges stronger Sino-US trade
       
      Substandard US medical donations rejected
       
      Portugal welcomed as new strategic partner
       
      China to strengthen cooperation with Mercosur - envoy
       
      Nation seeks to curb transnational crime
       
      ASEAN, China ties praised by Malaysia
       
     
      Go to Another Section  
     
     
      Story Tools  
       
      News Talk  
      It is time to prepare for Beijing - 2008  
    Manufacturers, Exporters, Wholesalers - Global trade starts here.
    Advertisement
             
    亚洲av中文无码乱人伦在线咪咕| 日本久久久久久中文字幕| 日韩国产中文字幕| 精品国产v无码大片在线观看| 久久精品中文字幕一区| 免费无码一区二区| 久久久久亚洲AV无码专区体验| 无码av中文一二三区| 亚洲AV中文无码乱人伦在线视色| 亚洲国产精品无码久久98| 日本乱人伦中文字幕网站| 日本妇人成熟免费中文字幕| 亚洲av无码乱码国产精品fc2| 无码乱码av天堂一区二区| 日本阿v网站在线观看中文| 精品无码国产自产拍在线观看蜜| 亚洲∧v久久久无码精品| 狠狠精品久久久无码中文字幕| 中文字幕一区二区三区久久网站 | 中文成人无字幕乱码精品区| 国产乱人无码伦av在线a| 亚洲国产精品无码久久SM | 无码人妻久久一区二区三区蜜桃| 无码AV中文字幕久久专区| 五十路熟妇高熟无码视频| 国产精品无码久久久久| 少妇伦子伦精品无码STYLES| 亚洲VA中文字幕不卡无码| 亚洲av永久无码精品网站| 亚洲AV永久无码精品网站在线观看| 久久AV高潮AV无码AV| 精品欧洲av无码一区二区14| 久久伊人中文无码| 蜜桃无码一区二区三区| 中文字幕丰满乱子无码视频| 日韩中文久久| 在线高清无码A.| 无码人妻精品一区二区三18禁| 亚洲AV无码专区在线播放中文 | 亚洲欧洲自拍拍偷午夜色无码| 久久无码AV一区二区三区|