China Produces A Refraction Of Sino US Economic And Trade Pattern Of Mutual Benefit And Win-Win Situation

"Except for this pine tree from the United States, the rest are almost made in China." Dana Sapudoru, the mother of two children, pointed to the gift from the Christmas tree around the house and told the Xinhua news agency, "you see, all the ornaments on the tree, the daughter's culture (clay), the son's electric car toy, my husband's woollen scarf, and the wrapping paper and ribbons of these gifts..."

The Christmas gift of Sapp Doru's family is a microcosm of "made in China" in the United States.

For many American families, Christmas without Chinese made is unthinkable.

It can be said that tens of millions of families in the United States enjoy "

About 10 years ago, when reporters first visited the United States, they were somewhat surprised at the low-priced Chinese products commonly seen in the mall.

At that time, China had just joined the world trade organization.

Now, if you can't see Chinese goods in any American mall, it will be even more amazing.

Walk into an American mall, whether it's a department store, such as Messi.

In fact, in the past ten years, Chinese goods that have penetrated all levels of American clothing, food, housing and travel are no longer just the pronouns of low prices.

In an arty kitchen appliance store in Arlington County, Virginia, a salesperson, told reporters in Chinese, "we sell products from all over the world here, and the price of Chinese products is very good, but the quality is not inferior to that of the quality of products in."

Jenny, who works in the world bank, has many things produced in China. She told reporters that she first saw quality and safety in shopping, followed by price.

China is now not only known by the Americans as a small commodity production base, but also gradually attracted attention in the field of large durable goods and frontier industries.

At the Las Vegas Garth International Consumer Electronics Exhibition in 2010, Chinese home appliance business executives made the keynote speech with Microsoft Corp CEO Ballmer and other world leaders for the first time.

In the 2011 issue of consumer electronics magazine, the world's 50 largest consumer electronics brands in 2011 were Haier, TCL, Hisense,

"Over the years, China has successfully integrated into the world supply chain, and all kinds of industries have been developing rapidly," Nigel Chalk, head of China's project at the International Monetary Fund's Asia Pacific Division, told reporters.

It can be said that China's business model is very successful.

He said that with the rise of Chinese products in the international value chain, "made in China" will have a positive impact on the world economy.

For some people's accusation that "made in China" occupies the position of American jobs, Griswold, director of the center for Trade Policy Research of the Cato Institute, believes that the loss of jobs in the US manufacturing industry is a product of international division of labor under economic globalization. It is almost impossible for the low end manufacturing jobs to return to the United States.

Moreover, although jobs in the manufacturing sector have decreased, the United States has created more jobs in the service sector over the years.

He believes that "made in China" has not only improved the lives of American consumers, but also has benefited many American manufacturing industries.

American companies use other low-priced products imported from China to produce other commodities, reducing production costs and enhancing international competitiveness.

This is also a reason for the huge increase in US exports in recent years.

John Earl, an economics professor at George Mason University, told reporters that over the years, "made in China" has made Chinese people accumulate wealth and set up a successful model for the development of emerging market economies.

On the other hand, "made in China" not only provides good quality and cheap products for American consumers, but also maintains a stable low price environment. In fact, the upgrading process of Chinese enterprises will also create huge demand for American products and services, because China is the fastest growing export market in the United States.

It is foreseeable that the future development of "made in China" will still play an important role in mutually beneficial Sino US economic and trade cooperation relations.