Abstract The US Trade Representative Office announced on December 10 that the 23rd US-China Joint Commission on Commerce and Trade will be held in Washington, DC, from the 18th to the 19th of this month. US Trade Representative Kirk, US Secretary of Commerce Blanke Blanc and Chinese Vice Premier Wang Qishan will co-chair the meeting...
The US Trade Representative Office announced on December 10 that the 23rd US-China Joint Commission on Commerce and Trade will be held in Washington, DC, from the 18th to the 19th of this month. US Trade Representative Kirk, US Secretary of Commerce Blanke Blanc and Chinese Vice Premier Wang Qishan will co-chair the meeting. US Secretary of Agriculture Vilsack will also attend. Kirk said that this year, the US will focus on discussions with China and hope to achieve substantive results including intellectual property protection, compulsory technology transfer, elimination of trade-distorting industrial policies, and the removal of important obstacles to US exports. Blanc said that the timing of the high-profile consultations this year is very good and will provide opportunities for planning US-China economic and trade relations. Vilsack said that he will discuss important concerns in the trade in agricultural products with China.
The Office of the US Trade Representative issued a statement saying that the Joint Commission on Commerce and Trade held a high-profile meeting each year to assess the progress of the work of the relevant working group in the past year. In 2011, China was the largest source of imported goods in the United States and the third largest export market for the United States after Canada and Mexico.
Nicholas Lardy, a China expert at the Peterson Institute for International Economics in the United States, believes that Obama’s China policy will remain largely continuous during his second term. Obama himself, Secretary of State Hillary Clinton and Presidential National Security Affairs Assistant Donilon and others will continue to lead relations with China. Rady said that the Obama administration will continue to implement the "two-handed policy" toward China. On the one hand, we will conduct high-level exchanges and cooperation with China, try to maintain communication with China's top leadership, and strive to enhance mutual understanding. On the other hand, it will continue to be tough on China in its claim that "China does not abide by economic and trade rules."
Feida, chairman of the China Council of the US International Business Council, used the brotherhood to compare US-China economic and trade. He told reporters: "In the final analysis, China is one of our most important trading partners. It is now, and will always be." He said that the United States and China are like brothers, and there will be love and hate. "The US-China relationship is so important that problems and frictions will not hinder the pace of economic and trade cooperation between the two countries."
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