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Obama's visit to China hoped the United States Department of Commerce lifting of export control by zyzy wang





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Obama's visit to China hoped the United States Department of Commerce lifting of export control by
Article Posted: 08/12/2010
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Obama's visit to China hoped the United States Department of Commerce lifting of export control


 
Business,Business News,Business Opportunities
Lead: U.S. President Barack Obama on the 16th at a special plane arrived in Beijing from Shanghai, the first stop is to go to the Diaoyutai State Guesthouse, under President Hu Jintao put private dinner, hosted Obama and his party. At the same time, the Ministry of Commerce spokesman Yao Jian 16 in a regular briefing that China hopes the United States as soon as possible cancellation of export control.


A time when Obama's visit to China, Sino-US economic and trade relations to the forefront again. Ministry of Commerce spokesman Yao Jian 16, said at a regular briefing, U.S. Secretary of Commerce in the talks, the discussions on export control issues, would be a key issue. In addition, the two sides will in Financial Crisis to strengthen Cooperation , To address the financial crisis, to promote open markets, oppose trade protectionism, strengthen intellectual property protection, and several in-depth exchange of views.


Yao insists that this year the United States has launched 10 products from the Chinese "dual" investigation, well beyond the past. In the context of the financial crisis, the United States to expand exports to China, China is supportive, but the United States should further relax export controls to China, to resolve the trade imbalance in development issues.


"U.S. export controls do affect the development of Sino-US trade balance." Yao insisted that the current U.S. export controls restricting trade and economic cooperation is a key issue.


It is reported that in 2001, imports of Chinese high-tech products accounted for 18.3% of U.S. products, while only less than 7% in 2008, only 8 years ago, one third of the scale, indicating that the U.S. export control policy greatly restricted U.S. exports to China. Yao Jian said that the U.S. export control policies should be carried out in-depth reflection, rather than setting up many barriers to protect domestic industries.


Yao insisted that, in the manufacturing sector, China is a surplus, but the U.S. economy is service sector accounted for 80% of the large number of U.S. service trade surplus with China. He said, "America's high-tech service industry is an advantage to their industries, the advantages of China-US economic and trade cooperation in trade, the United States should give full play to these strengths industry, rather than turn restriction Steel , Furniture, Toy Such a competitive industry, these Chinese exports. "


"We hope the U.S. can reform the export control system as soon as a clear timetable for the lifting of export controls as soon as the relevant provisions of the revision of relevant laws and regulations." Yao Jian said the export controls during the Cold War the United States issued a policy in the economic globalization, the United States to continue the implementation of such a policy is not only contrary to the trend of economic globalization, but also seriously hampered the international competitiveness of U.S. products.

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