US Commerce Secretary Calls for Expansion of Trade with China

Home>>Business

Last updated at: (Beijing Time) Tuesday, April 23, 2002

US Commerce Secretary Calls for Expansion of Trade with China

Visiting US Secretary of Commerce Donald Evans called on US and Chinese businesses to expand trade between the two countries on Monday.

DISCUSSION

CHINESE

SEND TO FRIEND

Visiting US Secretary of Commerce Donald Evans Monday called on US and Chinese businesses to expand trade between the two countries.

Evans said that China is one of the most important trade partners of the United States and that many US companies are interested in pursuing business opportunities in China.

"The companies with us this week are in sectors with great potential: information technology, telecommunications, engineering, construction and medical technology,'' Evans said. "We have more US Commerce Department personnel and resources in China than in any other nation.''

Evans is in Beijing for the 14th conference of the Sino-US Joint Commission on Commerce and Trade.

He said expanded trade has led to greater economic development, higher standards of living, poverty relief and a more peaceful and prosperous world.

US exports to China rose sharply in the last two years, in what some call the "World Trade Organization effect,'' he said.

In China, more sectors are opening up, and the United States was pleased to see China join the global trading body last year, he said.

He said that China's economic achievements have attracted more foreigners and that the United States is willing to continue co-operation with China in the field of technology aid.

Evans also said the United States may grant more exclusions from steep steel tariffs that have caused a global uproar and threats of retaliation.

"We will continue to listen to requests for exclusions from countries around the world,'' he said. "Many exclusions have already been granted. We will continue to consider more.''

In another development, State Councillor Wu Yi told Evans Monday that a more open market brought on by China's World Trade Organization entry will add momentum to the development of bilateral trade ties.A spokesman with the Ministry of Foreign Trade and Economic Co-operation quoted Wu as saying that China and the United States complement each other nicely in trade and economy.

The official said the two countries should consult and continue to explore new fields for co-operation under the mechanism of the Joint Commission on Commerce and Trade.

Questions?Comments? Click here

State Councilor Wu Meets US Secretary of Commerce

US Commerce Secretary to Visit Japan, China

Protests Prompt Retailer to Pull T-shirts Mocking Chinese-Americans ( 35 Messages)

Ins and Outs of a Young American's Roguery on Bus in China ( 142 Messages)

FM Spokeswoman: US Has Clarified its Stance on Taiwan Issue ( 21 Messages)

China's Economy to Grow Above Six Percent ( 29 Messages)

China Expresses Strong Dissatisfaction over Japanese PM's Shrine Visit ( 6 Messages)