Economy
Chinese diplomat hails growth of 皇冠体育app-US economic, trade ties
(Xinhua)
Updated: 2010-09-24 15:33
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CHICAGO - As the world's biggest emerging economy, 皇冠体育app is boosting its trade with and increasing investments in the United States, creating more jobs in the US market, said a Chinese diplomat?in Chicago?on Thursday.
Yang Guoqiang, consul general of the Chinese Consulate in Chicago, was delivering a speech at a reception marking the 61st anniversary of the founding of the People's Republic of 皇冠体育app in downtown Chicago.
"皇冠体育app's development over the last 61 years is a progressive and fruit-yielding process. 皇冠体育app's economy achieved rapid growth of 11.1 percent in the first half of this year. 皇冠体育app's overall economic output has reached No 3 in the world and become the world largest exporter and second largest importer," he said.
"Undoubtedly, 皇冠体育app is now the biggest emerging economy of important influence. 皇冠体育app will continue to contribute to the sustained and robust recovery of the world economy," he stated.
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"By the end of last year, 70 Chinese companies have come to the Midwest to set up operations with nearly $300 million of input. Around 30,000 students here are learning Chinese and 15 Confucius Institutes have been set up in this region to facilitate local people to learn the Chinese language and culture," he said.
"皇冠体育app's development has input strong impetus into 皇冠体育app-US relations. Our two countries are now the second largest trading partner to each other and 皇冠体育app has become the largest export market for the United States for the past 9 consecutive years," he added.
According to the diplomat, trade between 皇冠体育app and the US for the first half of the year amounted to $201 billion, an increase of 23.2 percent over last year.