Latest News:  
Beijing   Cloudy/Overcast    7 / 0   City Forecast

People's Daily Online>>Foreign Affairs

Locke: US welcomes Chinese investors

By Wang Yanlin (Shanghai Daily)

08:29, March 20, 2012

THE United States does not intentionally block Chinese investment and imports, US Ambassador to China Gary Locke said in Shanghai yesterday.

"The US is responding to Chinese concerns about American economic practices - for example on inbound investment and export control restrictions on high-technology goods - so that together we can find ways to further unlock the economic potential of our two countries," Locke said in a speech to an audience of around 450 at the American Chamber of Commerce.

He said Chinese investment into the US was vital to economic growth, job creation and productivity, and the world's largest economy welcomed such investment.

"Many Chinese firms are reluctant to invest because they misunderstand that their investment will be blocked by the US government and that all Chinese investment in the US requires US government approval," Locke said.

To change that perception, he said the US had beefed up efforts to attract Chinese investors.

He said the US Foreign Commercial Service had regularly been organizing investment fairs and conferences targeted at attracting Chinese investment, and the embassy had commissioned a video in Chinese to dispel "false myths" about investing and guide investors on how to become successful in the US.

【1】 【2】


Leave your comment0 comments

  1. Name


Selections for you

  1. British shop owner in Beijing’s hutong

  2. Air force holds live-ammunition drill on Tibetan Plateau

  3. Pakistan on high alert amid terrorist attacks

  4. 'Most expensive' tea harvested in Sichuan

Most Popular


  1. Why China can't persuade N.Korea alone
  2. WTO's raw materials ruling reveals bias
  3. 21st Century classrooms needed for the future
  4. West's rare earth claim against China unreasonable
  5. Chinese economy vital for world
  6. How should China provide for seniors?
  7. Obama brings new trade case against China
  8. Giving is an aid to prosperity
  9. Rare earth case reveals US hypocrisy
  10. What international order should world build?

What's happening in China

Song, laughter and noodles keep the crew shipshape

  1. Chinese private jet dealer's sales take off
  2. Few consumer hotlines in English
  3. Hotel sues China Unicom over pricing
  4. Brands target online markets
  5. China to further reform fiscal-tax systems

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai