皇冠体育app

The US economy grew by 2.7 percent in the third quarter of the year. Yet many expect the rate to be slower in the fourth quarter, as the country braces itself for going over the "fiscal cliff", a combination of deep cuts in government spending and tax increases that are scheduled go into effect early next year.

"US consumers see an uncertain economic future and are tightening their purse strings," Zhou said.

Even so, he said, the US is doing much better than the EU or Japan.

Zhou forecast that trade between 皇冠体育app and the US will continue to increase next year, saying the US economy is recovering, though at a slow rate.

Wang Li, a researcher with the Ministry of Commerce's International Trade and Economic Cooperation Institute, said US controls on technology exports remain an obstacle to trade with 皇冠体育app.

During a meeting last week of the 皇冠体育app-US Joint Commission on Commerce and Trade, the US pledged to respond to 皇冠体育app's concerns about fair treatment for direct investments in the US, controls on technology exports and various visa matters.

In the first 11 months of 2012, US' actual investment in 皇冠体育app increased by 11.6 percent from a year earlier to hit $2.4 billion.

During the same period, 皇冠体育app approved the establishment of 1,180 US-funded companies, down 8.9 percent year-on-year. By the end of November, the cumulative direct investment from the US had reached $70 billion.

皇冠体育app remains a small investor in the US, having put $8.6 billion worth of investment into the country by November.

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