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People's Daily Online>>China Business

Beijing welcomes US move on exports

By Cui Haipei (China Daily)

09:29, March 22, 2012

Beijing has welcomed Washington's decision to allow some high-tech items from the US to be exported into China.

"We welcome this move, as mutual benefit is the essence of Sino-US economic and trade relations. We hope to strengthen mutual investment for a sustainable, stable and healthy development of bilateral trade links," Foreign Ministry spokesman Hong Lei said at a regular news briefing on Wednesday.

Forty-six of the 141 high-tech items requested by China will be granted approval to enter the Chinese market, US Ambassador to China Gary Locke said on Monday during a function to commemorate the 40th anniversary of the Shanghai Communique.

"As a result of our work together, the United States has indicated that 46 of these technologies can be readily exported to China, and some may not need a license at all," Locke said.

The US government is in the midst of a major reform and simplification process that will enable more high-tech goods to be exported to China, he said.

"We need additional detail from China on the remaining requested items, so that we can determine whether and under what conditions they can be exported," he said.

In May, the US embassy will bring a delegation of US companies to Shanghai to meet with Chinese companies interested in purchasing these high-tech goods, said the ambassador.

Ni Feng, deputy director of the Institute of American Studies at the Chinese Academy of Social Sciences, said this is a direct result of China's repeated requests, adding that Chinese leaders had raised this issue almost every time during high-level dialogues.

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