US, China see growing trade, cooperation
The trade and economic relations between the United States and China has made positive progress in seven aspects, said visiting US Secretary of Commerce Donald L. Evans here Wednesday.
He said China is America's fastest growing export market and US agricultural exports to China are expanding dramatically. Chinese companies are increasingly investing in the United States and the country as a whole is making progress toward satisfying its WTO commitments.
China provides important help to the US on international security issues, he acknowledged, and the two countries are achieving productive cooperation through Sino-US Joint Commission on Commerce and Trade (JCCT).
China and the U.S. reached accord on difficult issues like the WAPI wireless network standard, he said.
"All of us can be encouraged by the deepening relationship between our two countries and China's engagement with the world," Evans said, adding that China and the United States have been the two engines of growth during a global economic downturn.
Evans also mentioned some trade friction existing between the two nations, expressing his hope that these problems would be resolved appropriately.
"We look forward to developing a higher standard of economic cooperation with China that can level the playing field," he said.
Evans arrived in Beijing Tuesday afternoon for a visit as guest of US ambassador to China Clark T. Randt.
He will attend a Sino-US roundtable conference on intellectual property rights (IPR) scheduled for Thursday.
Meanwhile, Evans will meet Chinese leaders and confer with the relevant Chinese ministries and commissions on Sino-US trade and economic relations and other related issues.