Home / China-US economic relations

    Sino-US relationship entering new phase

    By Zhu Hong (China Daily)

    Updated: 2015-09-24 10:54:00

    Sino-US relationship entering new phase

    Chinese people living in Seattle welcome President Xi Jinping's visit to the the country on Sept 22. The trip is expected to boost Sino-US trade to a new high. [Photo/Agencies]

    Financial cooperation soars between economic giants, spurring global recovery

    At the invitation of US President Barack Obama, Chinese President Xi Jinping is scheduled to visit the United States this month, providing a crucial opportunity for the countries to further their relationship.

    During a visit to Beijing in August, US National Security Advisor Susan Rice delivered a message of Washington's willingness to view Xi's upcoming visit as "a milestone" in bilateral ties.

    Sino-US relationship entering new phase

    Zhu Hong, minister for commercial affairs at the Chinese Embassy to the United States.

    The two leaders have reached consensus on a wide range of bilateral, regional and global affairs, as well as strategic mutual trust during meetings over the past years, and have injected fresh momentum into the development of a new type of relationship among major powers.

    As a cornerstone and a booster of China-US ties, bilateral trade exchanges, in particular, have played and will keep playing a central role in spurring cooperation and global economic recovery.

    Firstly, bilateral cooperation on trade and investment is expected to keep growing, as the countries became each other's second-largest trade partners in 2014.

    The US is now the biggest export market and the fifth-biggest source of imports from China, while China is the largest source of US imports and the third-largest export market.

    China-US trade in goods totaled about $555 billion last year, and its annual growth rate reached 13 percent, even between 2009 and 2014, when the world's trade exchanges plummeted in the aftermath of a global financial crisis.

    US exports to China in 2014 alone generated approximately 1 million jobs, according to statistics provided by the country's Department of Commerce.

    It is no exaggeration to say that the "unusual" rise in their bilateral trade exchanges has significantly contributed to the ongoing global economic recovery.

    Historic changes are also taking place in direct investments between China and the US, as the former's investment in the latter has expanded over the past few years. China's direct investment in the US has outstripped that of the US in China since 2012.

    By the end of 2014, US investment in China was estimated at more than $76 billion, with the Chinese investment in the US reaching $47 billion.

    According to Rhodium Group, the amount of Chinese enterprises' investment in the US has increased by 27 percent per year from 2010 to 2014, generating more than 80,000 jobs in about 44 states. Such interactions have not only boosted US employment, exports and economic growth, but also nurtured more competent Chinese enterprises to bolster the country's deepening economic reform.

    Previous Page 1 2 Next Page

     
    ...
    中文字幕成人精品久久不卡| 中文字幕日韩一区| 中文字幕在线看视频一区二区三区 | 国产品无码一区二区三区在线蜜桃 | 中文字幕在线观看亚洲日韩| 精品无码久久久久久久久久| 亚洲成AV人在线观看天堂无码| 日韩中文在线视频| 一本色道无码道在线| 国产成人无码一区二区在线播放| 国产啪亚洲国产精品无码| 亚洲精品人成无码中文毛片 | 亚洲成AV人在线观看天堂无码| 中文字幕亚洲免费无线观看日本| 亚洲 另类 无码 在线| 国产午夜无码视频在线观看| 无码永久免费AV网站| 在人线AV无码免费高潮喷水| 最新中文字幕在线观看| 视频一区中文字幕| 久久中文骚妇内射| 无码日韩精品一区二区人妻| 精品久久久无码中文字幕天天| 国产成人精品无码播放| 国产精品亚洲а∨无码播放| 无码人妻精品一区二区三区东京热 | 无码精品日韩中文字幕| 2014AV天堂无码一区| 色综合久久最新中文字幕| 人妻中文字系列无码专区| 天堂…中文在线最新版在线| 欧美日韩亚洲中文字幕一区二区三区 | 最近中文字幕2019视频1| 亚洲欧美日韩在线中文字幕| 亚洲av中文无码乱人伦在线r▽| 亚洲人成无码www久久久| 亚洲av无码国产精品色在线看不卡| 精品亚洲成α人无码成α在线观看 | 无码丰满熟妇一区二区| 西西4444www大胆无码| 最近中文字幕在线中文视频|