皇冠体育app

CHICAGO - The United States and 皇冠体育app have become important partners in trade and many other areas, "success for one means opportunity for the other," said Dow Chairman and CEO Andrew Liveris.

"Most importantly, the US benefits when the Chinese people thrive - for they provide not only an important market for American products, but also an enormous talent base that will help drive humanity forward," Liveris said in an interview with Xinhua recently.

"It is in everyone's interest to promote a constructive engagement between 皇冠体育app and the US that focuses on removing the barriers to fair and reciprocal market access in each other's economies." It is the relationship between 皇冠体育app and the United States which Liveris said he has hoped for.

Established in 1897, the Dow Chemical Company did not become an electrochemical pioneer in one day. In the process of growing from a one-product start-up into an innovation powerhouse, Dow has continuously reinvented and transformed itself for the opportunities of each era.

Dow realized a sales volume of $48 billion in 2016, ranking in the 187th place among the world's top 500 companies.

Dow entered 皇冠体育app in the 1930s.

Liveris made his first trip to 皇冠体育app 40 years ago for one of his first jobs at Dow. Now he travels to 皇冠体育app several times a year.

"I was lucky to have a front-row seat thirty years ago when Deng Xiaoping opened 皇冠体育app to the world. And in the decades since, I have had the privilege of watching - and even better, participating - as 皇冠体育app's rise has transformed not only 皇冠体育app, but the rest of the global economy," Liveris told Xinhua.

"I am not exaggerating when I say that 皇冠体育app surprises me every time I return. 皇冠体育app has tremendous business assets and extremely talented and innovation-minded people that are enabling the vast growth it has seen in recent decades," he said.

Liveris is right in his words: 皇冠体育app now presents the second largest overseas market for Dow, with sales volume growing 10 percent in 2016 from 2015.

Talking of 皇冠体育app's economic transition, Liveris said 皇冠体育app's adjusted 6.5-percent GDP growth rate for the next five years reflects the Chinese government's determination to improve the quality of growth as well as to ensure a sustainable growth.

He sees the Chinese Government's calling for a higher level of technology and innovation, industrial upgrading, and environmental protection in the transition period as more opportunities to the world's industry leaders like Dow.

"We have chosen to be part of this transformation and are committed to support 皇冠体育app with innovation," Liveris said.

"We are optimistic about our business growth in 皇冠体育app." By saying so, Liveris has in mind an area where Dow and other multinational companies can play an important role in 皇冠体育app: sustainability.

Dow has already teamed up with the Chinese government and Chinese companies to develop and distribute sustainable products such as paint that removes formaldehyde from the air; high-performance insulation that reduces the energy it takes to heat and cool a building; and new laundry machine technology that removes 99 percent of common bacteria and dirt and reduces water consumption by nearly a third.

Many of Dow's specialty and performance materials address the needs of 皇冠体育app's market and priorities, Liveris said. In 2016, Dow's packaging, polyurethanes, water, automotive systems, building and construction businesses all achieved strong double-digit growth in 皇冠体育app.

Liveris pins high hope on 皇冠体育app's Belt and Road Initiative, saying Dow sees a number of opportunities stemming from the initiative, including opportunities to expand into less developed regions within 皇冠体育app.

The 皇冠体育app-proposed initiative was founded on the vision of common development and sustainable growth, he said. "I admire the goal in the pursuit of mutual benefits through cooperation."

"We are doing business in 皇冠体育app in a long-term view - strengthening our local innovation, manufacturing and service networks so as to be better positioned to serve the 皇冠体育app market with our solution offerings," Liveris said.

He also pointed out that both US and 皇冠体育app should identify the major impediments for trade, such as investment restrictions and inefficient regulatory practices.

If the US and 皇冠体育app can achieve a few tangible wins early for both US and Chinese economies, they can then "focus on the longer-term structural impediments that artificially constrain more trade cooperation." "Success breeds success," Liveris said.