US urged to match talk with action

0 CommentsPrint E-mail China Daily, May 21, 2010
Adjust font size:

The United States should take substantive measures to change its export control regime, otherwise Sino-US economic and trade cooperation will face a "bottleneck", vice minister of Commerce Ma Xiuhong said on Thursday.

"China appreciates the US announcement on thoroughly reviewing the existing export control system and reforming it soon, but we strongly hope that the US could make substantive progress on the matter," she said after meeting US Commerce Secretary Gary Locke.

Ma said that she also expressed concern over the recent growth in trade protectionism by the US against China, pointing out that this has "badly hurt Chinese exports and industries".

Speaking in Hong Kong, the first leg of his China visit, Locke said the US would take significant steps to reform the export control system, noting that some restrictions have harmed US companies' sales of emerging technologies and make no sense.

Wang Rongjun, a professor at the Institute of American Studies at the Chinese Academy of Social Sciences, said that although Locke's commitment to reform was welcome, what matters more is when and how this will happen.

As a result of the stringent controls imposed by the US, the nation's exports of high-tech products to China have fallen from 18 percent of its total high-tech exports in 2003 to 7 percent in 2009.

The Obama administration announced earlier this year it planned to double US exports within five years. Boosting US exports to China will be on agenda of next week's China-US Strategic and Economic Dialogue (SED).

"That will only be possible if the US starts teaching smaller companies the basics of trading with countries such as China," David Wang, president of Boeing China, was quoted by Bloomberg as saying.

"Many US companies are not driven to export. Small and medium companies don't have the resources to come out here and find their niche," said Wang.

The currency issue will also be discussed at next week's SED. A US Treasury Department official said the European debt crisis and a higher US savings rate should encourage China to let its currency appreciate.

But Assistant Minister of Finance Zhu Guangyao told a briefing on Thursday that China won't succumb to external pressure on the yuan and will modify the currency based on the economic situation.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 国产精品亚洲色图| 快穿之丁柔肉h暗卫温十三| 亚洲日韩av无码中文| 神乃麻美三点尽露写真| 国产一区二区三区精品久久呦| 777奇米影视视频在线播放| 国产黄视频网站| www.日本在线| 性宝福精品导航| 久久99久久99精品免观看| 日韩人妻无码中文字幕视频| 亚洲免费色视频| 欧美日韩免费在线视频| 亚洲精品自在在线观看| 稚嫩娇小哭叫粗大撑破h| 啊昂…啊昂高h| 老湿机一区午夜精品免费福利| 国产在线公开视频| 久久精品亚洲欧美va| 青青青手机视频| 国产桃色无码视频在线观看| 最新jizz欧美| 国产精品视频一区二区三区四| GOGOGO免费观看国语| 女神校花乳环调教| 一出一进一爽一粗一大视频| 成人18在线观看| 东京道一本热中文字幕| 手机看片福利久久| 丰满少妇又爽又紧又丰满在线观看| 日韩中文字幕在线观看| 久久青草精品一区二区三区| 朋友把我玩成喷泉状| 亚洲人成无码www久久久| 欧美日韩一卡二卡| 亚洲日本在线观看网址| 欧美精品高清在线观看| 亚洲欧美精品午睡沙发| 欧美视频在线播放观看免费福利资源| 亚洲精品无码久久毛片| 波多野结衣中文字幕一区二区三区 |