2017年CRI China, US mull strengthened business ties

 

The gathering¹ was held ahead of the comprehensive economic dialogue between the two countries due to be held next week.

China's Ambassador to the United States, Cui Tiankai, and the chairman of China General Chamber² of Commerce, Xu Chen, took part in the meeting aimed at exploring further bilateral³ economic collaboration⁴ and investment deals.

The forum⁵ on China-US business collaboration is part of the 2017 US National Governors Association Summer Meeting in Providence⁶, Rhode Island.

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Chinese Ambassador to the United States Cui Tiankai, told the meeting that bilateral economic ties and local exchanges have seen fruitful results over the years and they are vitally important for China-US relations.

"We are now making even greater efforts to expand such cooperation and exchanges. We have established seven pairs of trade and economic exchange mechanisms⁷ between Chinese provinces and US states and cities, including states of California, Texas, New York, Iowa, Michigan, Washington and city of Chicago. Under these mechanisms, more than 55 investment programs were signed last year with contracts totalling 2.5 billion US dollars and there would be over 100 trade missions traveling across the Pacific this year," Cui said.

China has become a major business partner of US.

Statistics show that trade volume between China and US reached nearly 520 billion yuan in 2016, 211 times the amount when the two countries established diplomatic ties; mutual⁸ investment has surpassed 60 billion US dollars.

The governor of Maryland, Larry Hogan, listed successful economic cooperation cases with China. He said he was looking forward to more Chinese companies' involvement in Maryland development.

"We are very proud of the excellent relationship we have with China, which is evident through the success of the 27 Chinese companies that are already headquartered in our state, including HIT Robot Group, Salubris Biotheraputics, Mokobio Life Science. China is Maryland's fifth largest export market and fourth largest for imports. Looking ahead, we very much want to strengthen Maryland's ties with China and we want to find ways to do more business together in the future," Hogan noted⁹.

Meanwhile, Chinese firms are also seeking investment opportunities to introduce US programs to the domestic market.

Qi Bin¹⁰, vice¹¹ manager of the China Investment Corporation said they have prepared 200 billion US dollars for overseas investment and are particularly optimistic about developing US programs in China.

"CIC is trying to look for opportunities in those products and technologies or services or business models which can be integrated with China's 1.3-billion-consumer markets. So, the investment is not just about investment but about synergy and integration¹², and that's where CIC can add value," Qi said.

In parallel with the forum, more than 20 Chinese and US companies have signed agricultural agreements, worth 5 billion US dollars, for China to import soybeans, pork and beef from the US.

A signing ceremony for the agreements was held in the Midwestern US state of Iowa.

The move is part of a "100-Day Action Plan" agreed to by Chinese President Xi Jinping and his US counterpart Donald Trump¹³ during their first face-to-face meeting in April.

1 gathering   

n.集会，聚会，聚集

参考例句：

• He called on Mr. White to speak at the gathering.他请怀特先生在集会上讲话。
• He is on the wing gathering material for his novels.他正忙于为他的小说收集资料。

2 chamber   

n.房间，寝室；会议厅；议院；会所

参考例句：

• For many,the dentist's surgery remains a torture chamber.对许多人来说，牙医的治疗室一直是间受刑室。
• The chamber was ablaze with light.会议厅里灯火辉煌。

3 bilateral   

adj.双方的，两边的，两侧的

参考例句：

• They have been negotiating a bilateral trade deal.他们一直在商谈一项双边贸易协定。
• There was a wide gap between the views of the two statesmen on the bilateral cooperation.对双方合作的问题，两位政治家各自所持的看法差距甚大。

4 collaboration   

n.合作，协作；勾结

参考例句：

• The two companies are working in close collaboration each other.这两家公司密切合作。
• He was shot for collaboration with the enemy.他因通敌而被枪毙了。

5 forum   

n.论坛，讨论会

参考例句：

• They're holding a forum on new ways of teaching history.他们正在举行历史教学讨论会。
• The organisation would provide a forum where problems could be discussed.这个组织将提供一个可以讨论问题的平台。

6 providence   

n.深谋远虑，天道，天意；远见；节约；上帝

参考例句：

• It is tempting Providence to go in that old boat.乘那艘旧船前往是冒大险。
• To act as you have done is to fly in the face of Providence.照你的所作所为那样去行事，是违背上帝的意志的。

7 mechanisms   

n.机械( mechanism的名词复数 )；机械装置；[生物学] 机制；机械作用

参考例句：

• The research will provide direct insight into molecular mechanisms. 这项研究将使人能够直接地了解分子的机理。 来自《简明英汉词典》
• He explained how the two mechanisms worked. 他解释这两台机械装置是如何工作的。 来自《简明英汉词典》

8 mutual   

adj.相互的，彼此的；共同的，共有的

参考例句：

• We must pull together for mutual interest.我们必须为相互的利益而通力合作。
• Mutual interests tied us together.相互的利害关系把我们联系在一起。

9 noted   

adj.著名的，知名的

参考例句：

• The local hotel is noted for its good table.当地的那家酒店以餐食精美而著称。
• Jim is noted for arriving late for work.吉姆上班迟到出了名。

10 bin   

n.箱柜；vt.放入箱内；[计算机] DOS文件名:二进制目标文件

参考例句：

• He emptied several bags of rice into a bin.他把几袋米倒进大箱里。
• He threw the empty bottles in the bin.他把空瓶子扔进垃圾箱。

11 vice   

n.坏事；恶习；[pl.]台钳，老虎钳；adj.副的

参考例句：

• He guarded himself against vice.他避免染上坏习惯。
• They are sunk in the depth of vice.他们堕入了罪恶的深渊。

12 integration   

n.一体化，联合，结合

参考例句：

• We are working to bring about closer political integration in the EU.我们正在努力实现欧盟內部更加紧密的政治一体化。
• This was the greatest event in the annals of European integration.这是欧洲统一史上最重大的事件。

13 trump   

n.王牌，法宝；v.打出王牌，吹喇叭

参考例句：

• He was never able to trump up the courage to have a showdown.他始终鼓不起勇气摊牌。
• The coach saved his star player for a trump card.教练保留他的明星选手，作为他的王牌。