Latest News:  
Beijing   Sunny/Cloudy    16 / 4   City Forecast

Home>>World

APEC urged to create new growth drivers: U.S. Chamber of Commerce head

(Xinhua)

13:34, November 10, 2011

HONOLULU, United States, Nov. 9 (Xinhua) -- The United States and other APEC economies should think in a bold and creative way to advance trade liberalization, tourism and investments to create new economic growth, the U.S. Chamber of Commerce head said here Wednesday.

"Trade is not an optional luxury, but an economic imperative," Thomas Donohue, president and CEO of the U.S. Chamber of Commerce, said in a luncheon address to the Chamber of Commerce of Hawaii on the sidelines of the APEC meetings.

"Increased trade can be an antidote to our weak economy and the answer to doubts about American economic leadership at home and abroad. It can create hundreds of thousands of badly needed jobs without a single tax increase, and without adding a dime to the deficit," he said.

Donohue said the United States should try to make it easier for foreign tourists and investors to get visas to bolster the 700-billion-U.S. dollar American tourism industry that provides 7.4 million jobs nationwide.

To broaden economic ties with China is of significant importance to U.S. companies, and APEC economies should use the 21-member forum to enhance regulatory convergence and reduce barriers in a bid to facilitate trade and investments, Donohue told Xinhua.

A string of APEC meetings, including the most important APEC Economic Leaders' Meeting, the APEC Ministerial Meeting, the APEC Finance Ministerial Meeting, the APEC Business Advisory Council and the APEC CEO Summit, is scheduled to be held in Honolulu from Nov. 8 to 13.

 
 
     
 
 
 
     
 
 
 
  We Recommend  
 
 
 
     
 
 

Email|Print|Comments(Editor:实习生1)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Buddhist art exhibition held at the Museum of World Religions in Taipei

  2. Sotheby's yellow diamond to sell at record price

  3. U.S. aircraft carrier USS George Washington pulls in HK waters

  4. Lantern Festival kicks off at the Cheonggye stream in central Seoul

Most Popular

Opinions

  1. Anxious US looks toward Asia
  2. Property curbs to remain despite price drop
  3. China's dilemma over Iran goes deeper
  4. China must act to save energy, cut emissions
  5. Will US, Israel attack Iran?
  6. Market blow away 'special air' rumors
  7. Bridges and factories could woo American hearts
  8. Keeping a cool head crucial ahead of big events
  9. US must ease restrictions on exports to China
  10. No easy answers in Greek debt crisis

What's happening in China

Beijing plans to ID chip city's pooches

  1. Fire prevention a top priority for city campaign
  2. Shanghai's subway microblog 'influential'
  3. Student gives lesson in care
  4. Home prices hit turning point, start to drop
  5. Hiigh hope for plant-based biofuel for airlines

PD Online Data

  1. Lunar New Year´s Eve (I)
  2. Lunar New Year´s Eve (II)
  3. Little New Year (I)
  4. Little New Year (II)
  5. House Cleaning