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    Us And China Purchase More Than $45 Billion

    2011/1/21 8:51:00 57

    Hu Jintao Visits Us $45 Billion In Commercial Diplomacy

    On the morning of January 19th, President Obama held the welcome ceremony of Chinese President Hu Jintao at the South Lawn of the white house just ended. Hu Jintao's visit to the US So far, it has brought more than the US export sector. 45 billion dollars. The contract.


    A briefing by the White House showed that about 25 companies including Boeing, general electric, Honeywell and so on shared this big cake.


    There are still many enterprises in China's US business group.


    If we look at this 45 billion dollar order as a Sino US order, Commercial Diplomacy The beginning of China has taken a positive step, and the Americans themselves are dragging their feet.


       China's capital surging 45 billion US dollars is only the starting price.


    At noon on 19 noon, President Hu Jintao and President Obama held a joint news conference. Obama said he hoped to sell all the products of the United States to China.


    The Chinese business group did not disappoint Obama.


    At the time of the joint news conference, more than 120 entrepreneurs from 70 Chinese enterprises were holding a Sino US Business Council meeting near the White House. Our reporter has learned that most of the members of the US business group organized by the China Council for the promotion of international trade have not yet made a move and are ready to invest in the United States. From this point of view, 45 billion dollars can only be regarded as the "starting price".


    On the morning of 20, Li Yanchun, chief financial officer of American Oriental Bioengineering Inc (AOBO), told an exclusive interview with this newspaper that President Hu Jintao also received some representatives from Chinese companies in the US after giving a speech at luncheon on the 20 th, and she was one of them.


    She told the newspaper that AOBO will participate in the Sino US cooperation forum and project signing ceremony hosted by the Ministry of Commerce in China on the 21 day, and announced that it will spend 70 million US dollars to entrust the Palm Beach research center of the United States to complete the FDA two phase clinical certification for a Chinese Medicine product.


    Many entrepreneurs who joined the investment group told this newspaper that they were very interested in the financial and real estate investment opportunities in the United States.


    Lin Li, chairman of Shenzhen Liye group, is ready to enter the financial industry of the United States. In the process of visiting the United States, some American financial institutions have been selling real estate financial assets to Lin Li, which is only 30% of the peak of the real estate industry. In 2010, Forbes ranked 100th in China's richlist list with 7 billion 500 million yuan personal assets.


    Wang Guojin, chairman of Shanghai's Graham Investment Limited, also told this newspaper that he came to the United States mainly to explore investment opportunities in commercial real estate.


    The declining US industry also yearn for Chinese capital. Chris Bart-Willams, a staff member of Glenvic International, a commercial real estate service company, is trying to find Chinese customers at the conference. He told the newspaper that he also intends to put advertisements on Chinese media to attract Chinese investors.


    Song Xiaotong, chairman of Dalian Oriental Bible film and cultural industry group, wants to make a big purchase in Hollywood. He is currently developing a commercial real estate project with a total investment of 1 billion 500 million US dollars and a building area of 680 thousand square meters in Dalian. For this reason, he has set out a purchase list of up to US $250 million, attempting to introduce IMAX cinema equipment, cinema line and theater professional equipment from the United States.


    This newspaper understands that Li Qiuxi, chairman of Shanxi Fenjiu, is also a member of the business group. Shanxi Fenjiu is currently considering the possibility of bringing liquor to the US market. It will also pay special attention to the small and medium distilleries in the United States and try to find suitable acquisition targets. {page_break}


       US investment "no one down"


    When it comes to the Sino US trade deficit, Americans have been used to pushing their responsibilities to China.


    The experience of some entrepreneurs in China's business group shows that the United States government is responsible for its own efforts to a large extent.


    Song Xiaotong said he was worried that he had no connection with Hollywood before, and that he had no funds to purchase at present.


    Lin is worried that the US government will impose restrictions on Chinese enterprises investing in the US financial sector.


    At six p.m. on January 19th, Yu Ping, vice president of the China Council for the promotion of international trade, said in a press release conference that the biggest obstacle facing Chinese enterprises in investing in the United States is the lack of information communication mechanism. Chinese entrepreneurs have very limited knowledge of the US market, and the United States has not set up an investment attraction institution at the federal level.


    In addition, he worried that China's normal investment in the United States would be politicized. "Some entrepreneurs told me that they used the United States as their preferred investment destination, but because of this concern, the final project fell to Europe."


    Yu Ping, on behalf of Chinese entrepreneurs, put forward a request to the US government and hoped that the US national security review would be more transparent and more predictable.


    He even suggested that the US government should follow the example of the Chinese government and formulate an investment directing catalogue to clearly define the areas of encouragement, prohibition and opposition to foreign investment.


    On the night of 19, Cui Tiankai, Vice Minister of foreign affairs of China, hurried back to the Chinese delegation's residence from Obama's treat to President Hu Jintao's state banquet, holding a Hu Jintao's visit to the United States for a delay of 1 hours.


    In response to questions from Chinese journalists, he said that the three issues China most concerned about were relaxing the US high-tech export control, gaining market economy status, and striving for fair investment in the United States. During President Hu Jintao's visit to the United States, progress has been made, but it has not yet been completely resolved. "There is a saying that only the stairs can be heard, but no one will come down. If you can't come down, you need to take a look. "

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