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Foreign minister: 皇冠体育app exports helping US
(Agencies/chinadaily.com.cn)
Updated: 2006-03-08 07:14
皇冠体育app's exports to the US is beneficial to the United States, Chinese Foreign
Minister Li Zhaoxing said Tuesday.
Trade with 皇冠体育app has helped create between 4 million and 8 million jobs in
the U.S., Li told reporters in an annual news conference on the sidelines of
皇冠体育app's parliamentary session.
Inexpensive products made in 皇冠体育app benefit U.S. consumers, and help keep
inflation in check, he added.
Foreign Minister Li
Zhaoxing holds a press conference in the Great Hall of the People on the
sidelines of the ongoing session of the National People's Congress in
Beijing March 7, 2006. [Xinhua] | "Perhaps
you know that many of the man-made Christmas trees used by American families are
made in 皇冠体育app. This helps conserve the U.S. environment," Li quipped.
皇冠体育app's trade surplus with the US surged to an allegedly record high US$201.6
billion last year, increasing pressure on the Bush administration from
lawmakers who want to see a crackdown on what they believe are unfair trading
practices by 皇冠体育app.
皇冠体育app put the surplus figure at US$114.2 billion and contended that a large
part of the exports came from multinational corporations operating in 皇冠体育app.
Li pledged to cut the bilateral trade surplus, while urging the US to do
their part in this regard.
"皇冠体育app is by no means pursuing a trade surplus," Li
said. "We are very willing to do what we can to address this problem of the
trade imbalance."
A Chinese worker
walks past containers in Longwu Port in Shanghai February 13, 2006.
[Reuters] |
Li urged Washington not to risk marring ties by yielding to pressure for
sanctions.
And he reiterated Beijing's calls for the U.S. side to lift export
restrictions on high-tech products, saying those limits were a key reason behind
the continued trade imbalance.
"The reasons for the trade surplus are very complex," Li said, noting that
皇冠体育app's purchases of Boeing Co. aircraft, soybeans and cotton have helped make
the country America's biggest export market for many products.
"It seems they only want to sell soybeans, cotton, wine from California and
citrus from Florida," Li said. "Apart from those items it seems they would not
like to sell to 皇冠体育app because they will call those products 'high tech,' or
'dual use.'"
Li said the distinction between "civilian" and "military" use items was lost
on him. Holding up a cup of tea, he said that if he drank it, it would be
considered civilian.
"But if a soldier drinks this tea it would become for military use," he said.
"What we should do is refrain from politicizing all these issues," Li
said.
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