Chinese and American business communities join hands to inject vitality into bilateral economic and trade relations

From New York State to Washington, and then to Seattle, a delegation of Chinese entrepreneurs led by the China Council for the Promotion of International Trade has successfully completed their visit to the United States. A series of high-level and in-depth economic and trade exchange activities have not only consolidated the foundation of cooperation between the two sides, but also injected new vitality into the stable development of future Sino US economic and trade relations.

Embark on a new chapter of cooperation at the new location

On July 30th local time, the opening ceremony of the new location of the China Council for the Promotion of International Trade (CCPIT) Representative Office in the United States was held grandly in Washington. At the ceremony, Chinese and foreign guests gathered together to celebrate the occasion. In his speech, Ren Hongbin, President of the China Council for the Promotion of International Trade, stated that the recently concluded Third Plenary Session of the 20th Central Committee of the Communist Party of China has made important arrangements for expanding high-level opening up to the outside world, emphasizing the promotion of international cooperation in industrial and supply chains. He reviewed the achievements of the China Council for the Promotion of International Trade (CCPIT) Representative Office in the United States since its establishment in 1988, and expressed an optimistic outlook for the future prospects of Sino US economic and trade cooperation. Chinese Ambassador to the United States Xie Feng stated at the opening ceremony that the China Council for the Promotion of International Trade (CCPIT) Representative Office in the United States, as an important bridge and link between the Chinese and American business communities, has played a significant role in strengthening bilateral economic and trade relations. At a new starting point, we believe that the representative office will continue to fulfill its duties, promote mutual benefit and win-win cooperation between China and the United States, deepen bilateral economic and trade cooperation, and make greater contributions to the stable, healthy, and sustainable development of China US relations.

American business people have expressed their expectations for deepening economic and trade cooperation between China and the United States. Craig Allen, President of the US China Business Council, stated that economic and trade exchanges are the foundation of stable US China bilateral relations. The opening of the new location of the China Council for the Promotion of International Trade (CCPIT) Representative Office in the United States is a new starting point for deepening US China economic and trade cooperation. The US China Business Council looks forward to working with CCPIT to continue contributing to the prosperity and stability of US China economic and trade relations.

High level meeting to jointly draw a new blueprint for cooperation

During the visit, Ren Hongbin met with Deputy Secretary of Commerce Marissa Lago and President of the American Chamber of Commerce Susanna Clark respectively, and had in-depth discussions on deepening China US economic and trade cooperation. In his meeting with Marissa Lago, Ren Hongbin stated that in the current complex and ever-changing international situation, communication and cooperation between the Chinese and American business communities are particularly important. The China Council for the Promotion of International Trade looks forward to further strengthening cooperation with the US Department of Commerce to jointly promote pragmatic cooperation between enterprises of the two countries in trade, investment and other fields. Lago agreed that the business communities of the two countries should strengthen exchanges and cooperation, and expressed the willingness to expand cooperation in areas such as Sino US enterprise cooperation and docking projects, supporting both sides to carry out more economic and trade exchange activities.

In his meeting with Susanna Clark, Ren Hongbin emphasized the situation of the Third Plenum of the 20th Central Committee of the Communist Party of China, and stated that history and reality fully prove that the success of China and the United States is an opportunity for each other, and strengthening economic and trade cooperation is a win-win result. At present, the business communities of China and the United States have a strong willingness to cooperate and will continue to strengthen cooperation, constantly explore new opportunities for trade and investment cooperation, jointly safeguard free trade and open markets, and contribute to the win-win situation between China and the United States through practical actions and fruitful results of pragmatic cooperation. Clark agrees with the importance of strengthening economic and trade cooperation and cultural exchanges between China and the United States in promoting the development of bilateral relations, and stated that he will continue to deepen cooperation with the China Council for the Promotion of International Trade to create more opportunities for cooperation between the business communities of the two countries. During the meeting, leaders of well-known American companies such as Intel, Qualcomm, and Procter&Gamble expressed optimism about the prospects of China's economic development and expressed their willingness to continue expanding investment in China, deeply cultivating the Chinese market, and achieving mutually beneficial and win-win development.

Forum dialogue seeks new opportunities for cooperation

During the visit to the United States, the business communities of China and the United States held two forums and dialogues in New York and Washington respectively.

On July 29th local time, the China US Economic and Trade Cooperation Forum held by the China Council for the Promotion of International Trade was held in New York, bringing together more than 300 representatives from Chinese and US enterprises and business associations. Ren Hongbin stated that economic and trade cooperation is the "ballast stone" of China US relations. In today's highly complementary economy and deep integration of interests between the two countries, strengthening supply chain cooperation between the two sides is conducive to maintaining stable and smooth global supply chains, injecting more vitality into the economic growth of the two countries, regions, and even the world.

Huang Ping, Consul General of the Chinese Consulate General in New York, stated that the Third Plenum of the 20th Central Committee of the Communist Party of China has clearly stated that China will continue to implement its policy of opening up to the outside world. He welcomes American companies to make good use of platforms such as the China International Supply Chain Promotion Expo, tighten pragmatic cooperation ties, and inject strong impetus into the stable development of China US relations.

On July 31st local time, the China US Business Roundtable was held in Washington, becoming another highlight of this visit. Representatives of Chinese entrepreneurs, along with representatives from the US China Business Council and several Fortune 500 American companies, gathered together to reach a consensus on how to further promote the deepening of cooperation and docking projects between Chinese and American enterprises, optimize the business environment for foreign investment, and create favorable conditions for cooperation between the two countries' enterprises in areas such as technological innovation, green development, and digital economy.

The visit of the China Council for the Promotion of International Trade to the United States not only deepened mutual understanding and trust between the Chinese and American business communities, but also laid a solid foundation for future cooperation between the two sides. Wei Wende, Chairman and CEO of Corning Inc., stated that strengthening cooperation between the Chinese and American business communities is crucial for promoting the stable development of China US economic and trade relations. Corning Inc. firmly believes in the prospects of China's economic development and is willing to continue to deeply cultivate the Chinese market, tell the story of mutual benefit and win-win cooperation between Chinese and American enterprises, and stimulate more positive energy to promote China US economic and trade cooperation.

Miao Zengwei, Vice President of Inner Mongolia Council for the Promotion of International Trade, who accompanied the delegation on the visit, stated that this visit has further expanded cooperation channels, which is conducive to Inner Mongolian enterprises understanding the US market, promoting Inner Mongolian enterprises to "go global" and introduce technology, and achieving mutual benefit and win-win results. In the future, the Inner Mongolia Council for the Promotion of International Trade will further leverage its platform advantages to expand economic and trade cooperation with the United States.

As the world's top two economies, the stability and quality of economic and trade cooperation between China and the United States are directly related to the prosperity and development of the global economy. The visit to the United States organized by the China Council for the Promotion of International Trade not only demonstrates the firm determination of the Chinese and American business communities to closely connect and seek common development, but also contributes to the recovery and growth of the global economy. I believe that with the joint efforts of both sides, the business communities of China and the United States will work hand in hand to create a mutually beneficial and win-win future.