Economy

US seeks win-win scenarios in trade with China: Locke

(Xinhua)
Updated: 2010-05-13 10:48

WASHINGTON: US Commerce Secretary Gary Locke said on Wednesday that his upcoming trip to China will aim at seeking the opportunity of win-win scenarios between the two countries.

Forty-six US business executives will join him in China and Indonesia from May 15 to 25 on the first cabinet-level trade mission of the Obama Administration, according to Locke.

"This trade mission is really an opportunity for win-win scenarios for both American companies, their workers here in the United States, as well as for the people and the governments of both Indonesia and China to address their goals of becoming more energy efficient," the top US trade official told reports.

Twenty-four US companies will join Locke for the China portion of the trade mission, and 10 US companies will travel to Indonesia. The delegation will make stops in Hong Kong, Shanghai and Beijing of China and Jakarta of Indonesia.

The Commerce said the mission aims to promote exports of leading US technologies related to clean energy, energy efficiency, and electric energy storage, transmission, and distribution.

Locke, the first Chinese-American commerce secretary, recalled his visits to Shanghai, saying he looks forward to visiting the World Expo hosted in the Chinese coastal metropolis.

"I'm looking forward to going to the World Expo in Shanghai, and I'm very proud that the United States has a pavilion," he said. "I've seen many pictures of some of the pavilions. They look spectacular."