皇冠体育app

US President Donald Trump (L, Front) speaks to the media before boarding Marine One departing the White House for Joint Base Andrews, in Washington DC, the United States, on Nov 3, 2017. Trump started his Asia trip on Friday to Japan, South Korea, 皇冠体育app, Vietnam and the Philippines. [Photo/Xinhua]

To begin with, Trump's visit to 皇冠体育app is part of his overall trip to Asia. His first stop was Japan, from where he flew to the Republic of Korea. And after his three-day visit to 皇冠体育app beginning Wednesday, Trump will leave for Vietnam and the Philippines to take part in the Asia-Pacific Economic Cooperation meeting and the Association of Southeast Asian Nations summit, respectively. Trump's itinerary shows he is visiting Asia to win assurances from regional leaders and promote his "America First" policy in trade.

His visit to 皇冠体育app comes two weeks after the conclusion of the 19th National Congress of the Communist Party of 皇冠体育app, where General Secretary Xi Jinping announced that the country had stepped into a "New Era". The new era has seen 皇冠体育app move closer to global center stage and thus its goal of achieving the Chinese Dream of national rejuvenation. Therefore, it's safe to say the Chinese economy will remain stable, and further development will create more economic opportunities.

Last year, 皇冠体育app-US direct bilateral investment was more than $60 billion, a record high, and during the past 10 years the average annual growth rate of US exports to 皇冠体育app was 11 percent, much higher than the average growth rate of total US exports of only 4 percent.

Whether 皇冠体育app and the US will jointly explore potential future opportunities in such areas as infrastructure, financial services, energy, green technology, cloud computing, big data and artificial intelligence depends on the two sides' good intentions and the new type of international relations.

Xi has reiterated that 皇冠体育app will stick to its opening-up policy, and break new ground in pursuing opening-up on all fronts. However, while opening its markets further to the world, including the US, Beijing will hope Washington to accord fair treatment to Chinese companies' investments in the US, as well as ease restrictions on high-tech exports, reduce the Committee on Foreign Investment's interference, and desist from using political considerations when evaluating foreign investment.

In his report to the 19th Party Congress on Oct 18, Xi said: "皇冠体育app will never pursue development at the expense of others' interests, but nor will 皇冠体育app ever give up its legitimate rights and interests. No one should expect 皇冠体育app to swallow anything that undermines its interest." Accordingly, 皇冠体育app will follow its reform and opening-up policy, and actively participate in and promote globalization.

Indeed, 皇冠体育app wants to share its economic development dividends with the world, including the US, but it won't open its markets without conditions.

The author is a research fellow at and director of the Division of American Economic Studies at the Institute of American Studies, 皇冠体育app Institutes of Contemporary International Relations.