Geithner says growing exports critical to U.S. economy

09:08, May 19, 2010      

Email | Print | Subscribe | Comments | Forum 

U.S. Treasury Secretary Tim Geithner emphasized Tuesday that growing exports will benefit U.S. economic recovery and create jobs for Americans.

"Growing exports is critical to growing the economy," said Geithner during his visit to Washington state -- the number one exporter in the U.S. on a per capita basis -- to discuss the Obama administration's efforts to spur American exports, open new markets for U.S. exports, and grow the economy

"Our job as the government is to create the conditions for American business to excel. Our job is to help American businesses invest and grow. Our job is to help Americans get back to work," he said.

While in Washington, Geithner toured the Boeing manufacturing site in Renton, which, as of November 2008, has produced 42 percent of the world's current jetliner fleet.

In his State of the Union address, President Obama underscored the link between trade and job creation and set a goal of doubling exports over the next five years, an increase that will support two million jobs in the United States.

To help meet this goal, the U.S. government launched a National Export Initiative designed to marshal the resources of the U.S. government behind American businesses that sell their goods and services abroad, with steps to open up new markets, double exports, and level the playing field for American workers.

According to the Commerce Department's latest analysis, 6,200 jobs are created or sustained in the U.S. for every 1 billion U.S. dollars in exports.

Source:Xinhua

(Editor:黄蓓蓓)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • The wax figure of actress Audrey Hepburn is seen at the Madame Tussauds Hong Kong in Hong Kong, south China, Sept. 27, 2011. The wax figure of Audrey Hepburn was unveiled in Hong Kong on Tuesday. (Xinhua/Chen Xiaowei)
  • Photo taken on Sept. 26, 2011 shows lighting illuminating the night sky in Guangzhou, capital of south China's Guangdong Province. The first Guangzhou International Lighting Festival kicked off here on Monday. (Xinhua/Shen Dunwen)
  • The graphic shows the schematic image of Chinese space station. (Xinhua/Lu Zhe)
  • The injured are wheeled to a hospital following a subway train collision in Shanghai, east China, Sept. 27, 2011. A subway train rear-ended another Tuesday afternoon in Shanghai.  Over 260 people injured in the accident were seen receiving treatment in hospitals as of 7:30 p.m. Tuesday, according to local authorities.(Xinhua/Liu Ying)
  • On Sept. 26, a resident passes by a flower terrace decorated for the coming National Day. (Xinhua/Hang Xingwei)
  • The photo, taken on Sept. 26, shows the SWAT team ready for the joint exercise. (Xinhua/Wangkai)
Hot Forum Discussion