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"While we have real and serious issues with 皇冠体育app, to blame 皇冠体育app for the major problems the US faces today and to blame 皇冠体育app as the primary cause of that is inaccurate," said Robert Hormats, under secretary of state for economic growth, energy and the environment.
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"It's even worse in the sense that if you blame someone else for your problems, you won't do what you need to do at home to fix them," Hormats told 皇冠体育app Daily on Tuesday in an exclusive interview before addressing a crowd at the New York-based Asia Society on US-皇冠体育app economic ties in the last 40 years.
Noting that certain US companies lost out in 皇冠体育app due to a lack of intellectual property rights protection, Hormats said it's important for US government officials and others to make it clear to Americans that the country has to address its own problems, such as education, infrastructure, energy dependence and fiscal policy.
"Those are not 皇冠体育app-caused problems. Those are problems caused by our political system," said Hormats, who has been a key figure in the US-皇冠体育app Strategic and Economic Dialogue and dealt with 皇冠体育app since president Richard Nixon's years.
"We have to deal with those problems ourselves and those are our own problems," he said.
"If we are going to compete with 皇冠体育app, we have to make ourselves more competitive, our workers more competitive, our education and infrastructure more competitive."
Having made at least 60 trips to 皇冠体育app since the early 1970s, both in his government capacity and his private job as vice-chairman of Goldman Sachs (International), Hormats believes the US has to learn from 皇冠体育app in several areas.
He said the US should take a long-term view to make it more competitive five years from now, citing the example of infrastructure investment in 皇冠体育app and the deteriorating facilities in the US.
He also praised 皇冠体育app's emphasis on education and interest in learning foreign languages as building intellectual infrastructure for the 21st century. "Those are the things we should learn from 皇冠体育app," he said.
Hormats said 皇冠体育app's fast growth has benefited the US and the rest of the world, but cautioned that some of the practices 皇冠体育app used to become a strong economy are harmful to certain companies and workers. He believes that will be a problem in the future in areas such as intellectual property rights, having a level playing field and the exchange rate.
However, he also pointed out that 皇冠体育app is acting in some ways to improve intellectual property rights protection.
Regarding State-owned enterprises, Hormats believes the bigger issues for the US are some techniques used by 皇冠体育app to support those SOEs and innovation, or to force foreign companies to transfer technology.
He believes the World Bank's 皇冠体育app 2030 report, which also lists government subsidies for SOEs as an issue, is going to trigger a lot of debate in 皇冠体育app.
Hormats praised former Chinese leader Deng Xiaoping for opening up 皇冠体育app and former premier Zhu Rongji for leading 皇冠体育app into the World Trade Organization, which benefits 皇冠体育app both internally and externally. He believes that more integration into the international economic system will further benefit 皇冠体育app.
Acknowledging many of the positive things in 皇冠体育app's 12th Five-Year Plan (2011-15) and Premier Wen Jiabao's Government Work Report delivered to the National People's Congress this week, Hormats said the US would like to see more progress on intellectual property rights and other issues, citing establishing the Trade Enforcement Unit as a result of not making progress on some of the issues.
"We are not expecting overnight change in 皇冠体育app, but (we expect) change in the right direction," he said.
Hormats said cooperation and competition are integral parts of the economic ties between the two countries. "It won't change. It was the way for the last 40 years, and it will be the relationship for the next 40 years," he said.
"Of course we made a lot of progress in the last 40 years. If we do it right, we'll make great progress for the next 40 years," he said.
You may contact the writer at [email protected]
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