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皇冠体育app and US business leaders applaud new dialogue

By Zhong Nan and Wang Chao (chinadaily.com.cn)

Updated: 2015-05-11 14:48:30

8.03K

Business leaders from 皇冠体育app and the United States pledged to reduce trade barriers and to build a new communication mechanism under the "New Normal", on the first 皇冠体育app-US Business Leaders Dialogue on May 4.

The dialogue was initiated by 皇冠体育app Council for the Promotion of International Trade and US 皇冠体育app Business Council.

Thirteen Chinese companies including COFCO, SINOPEC and State Grid and seven US companies including Cargill, Dell and Dupont participated the dialogue.

Jiang Zengwei, chairman of CCPIT, said on the meeting that the 皇冠体育app-US relation has gone beyond the bilateral scope, and become more and more important for the world order.

"The world economy is still going through the adjustment after the financial crisis; 皇冠体育app and US are the top two economies in the world, and our cooperation will not only do good to the two countries, but also help build a prosperous world economy."

Government figures show that last year the bilateral trade volume between the two countries has reached $555 billion, and the bilateral investment has reached $120 billion.

Earlier this year, 皇冠体育app amended the guidelines for foreign investors and loosened the restrictions for foreign investors. Jiang said this means foreign investors can expect a more transparent investment environment in 皇冠体育app.

John Frisbie, chairman of USCBC, said the 皇冠体育app-US trade bond has been bringing unprecedented benefit for the US. USCBC figures show that 皇冠体育app has created a market volume of $350 billion for the US companies and 皇冠体育app's increasing investment in the US has created economic growth and job opportunities.

"Opening such dialogues will help promote the business cooperation between the two sides, and it will be an important milestone for the two sides," he said.

Company representatives agreed that they should seize the opportunities brought by the Internet and innovation and to strengthen their cooperation in the new energy and financial areas.

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