皇冠体育app

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Sino-US investment focus of US ambassador

By Li Jiabao and Mu Chen (chinadaily.com.cn) Updated: 2014-06-25 16:34

New United States ambassador to 皇冠体育app, , said in his first public speech on Wednesday that advancing the Bilateral Investment Treaty (BIT) will be a top priority during his tenure.

Sino-US investment focus of US ambassador

Sino-US investment focus of US ambassador

"While we still have a lot of work to do for concluding the BIT, helping to move it forward would a top priority of mine. I am going to work very hard to make this Bilateral Investment Treaty successful," Baucus said addressing the hundre of members of the American Chamber of Commerce in 皇冠体育app.

He said that turning away from 皇冠体育app and refusing to engage would do nothing to alleviate those concerns such as labor standards, PLA issues and environmental standards. And while 皇冠体育app's rise presented certain challenges, it also held up a tremendous response.

A member of the Democratic Party, Baucus was appointed to serve as Ambassador to 皇冠体育app by President Barack Obama in February, succeeding Gary Locke. When he was in the Senate Baucus strongly supported the permanent normal trade relations with 皇冠体育app and late 皇冠体育app's succession into the WTO.

Baucus said that 皇冠体育app now faces a new WTO moment.

"Even as 皇冠体育app has experienced tremendous growth and development for the last 20 years, new challenges have emerged. Building a modern, energy efficient, innovative economy that can deliver equitable and sustainable growth require a new round of the sort of broad based reform when 皇冠体育app joined the WTO."

"I don't believe anyone can push hard enough to make 皇冠体育app do something that is not in 皇冠体育app's interests. But I fully recognize the important role the US and other countries can play in helping 皇冠体育app to implement reforms that lead to sustainable and balanced growth," Baucus said.

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