2011 &Nbsp; Sino US Economic And Trade Enter A New Starting Point.

On the 18-21 th of this month, in 68 hours, President Hu Jintao visited nearly 20 events in Washington and Chicago, and brought about 45 billion dollars to the United States.

In 2010, Sino US economic and trade frictions continued.

RMB

New York Times Square, with people coming and going, China's national image is rolling up and down on six electronic screens. The side of the screen shows the word "feel China".

In the coming month, the film will be broadcast more than eight thousand times in Times Square and broadcast to the world through various channels of the CNN (CNN).

This Promo was launched on the occasion of Chinese President Hu Jintao's visit to the United States.

On the 18-21 th of this month, in 68 hours, President Hu Jintao visited nearly 20 events in Washington and Chicago, and brought about 45 billion dollars to the United States.

"Orders have saved 235 thousand Americans from their jobs."

President Obama said.

In 2010, Sino US economic and trade frictions continued.

The issue of RMB exchange rate and trade imbalance have surfaced.

At the beginning of the new year in 2011, Sino US economic and trade undoubtedly had a new starting point and hope.

New exchanges and cooperation opened the curtain.

A background that can not be ignored is that China has surpassed Japan to become the second largest economy after the United States.

When the heads of state of the world's two largest economies sit together, it is not surprising that the economic and trade achievements they bring.

Although the "Sino US joint statement" covers a very wide range of topics, the content of economic and trade cooperation accounts for 14 of the 41 provisions, and the importance of bilateral economic and trade cooperation is evident.

The deeper meaning is, "first, breaking the pattern of the counter cyclical trade policy through bilateral trade will play an important role in promoting normalization of the international trade order; in addition, it will play a certain role in easing the external imbalance between China and the United States; finally, it will enhance the economic and trade relations between China and these developed countries, and provide a basis for the stability and improvement of political relations through the promotion of economic and trade relations."

Wang Jinbin, Professor of economics at Renmin University of China, said.

From the moment President Hu Jintao visited the United States, this trade and economic order went on like a shadow. On the first day of its visit to the United States, China and the United States signed trade orders, including China's purchase of 200 Boeing airliners from the United States, worth 19 billion US dollars.

On the 21 day of the United States, Chinese Commerce Minister Chen Deming and US Commerce Secretary Luo Jiahui attended the "Sino US economic and trade cooperation forum and project signing ceremony" held in Chicago.

On the same day, more than 700 representatives from China and the United States took part. The two companies signed 60 "economic and trade cooperation" lists, involving electronics, household appliances, energy, high-tech and agricultural products [16.701.21%].

Chen Deming said, according to incomplete statistics, in addition to the aircraft, the import and export agreement signed by the two sides, China imports US goods to US $24 billion 900 million, exports to the United States exceed US $12 billion, and the Sino US bilateral investment agreement reaches US $5 billion 100 million, of which China's investment in the US is US $3 billion 240 million.

At the same time, the focus of economic and trade cooperation between China and the United States will be gradually clear in the future.

According to statistics, the largest US and Chinese handwritten orders come from cooperation in the clean energy field. As of 18 local time, in the various commercial and investment agreements signed by China and the United States, over 23 billion US dollars, only signed contracts in clean energy exceeded 20 billion.

{page_break}

Second, it is a Boeing aircraft purchase order worth $19 billion.

In addition, other orders also involve automotive parts, electronics, high-tech, household appliances, agricultural products and many other fields.

On the whole, China's imports to the United States far exceed the amount of goods exported to the United States.

Chen Deming predicted that the bilateral trade volume between China and the United States will exceed 500 billion dollars in 2015, and hope that at least 200 billion dollars will be the US's export trade with China.

According to the General Administration of customs, the total trade volume between China and the United States last year was 385 billion 340 million US dollars. China's imports from the United States amounted to US $102 billion 30 million, which means that in the next 5 years, the volume of bilateral trade between China and the United States will increase by nearly 30%, and our import volume from the US will double.

The future will still be full of variables.

In this joint statement, the part of "building a comprehensive and mutually beneficial economic partnership" has attracted wide attention.

In particular, the United States has promised to quickly recognize China's market economy status through the Sino US Joint Commission on commerce and trade and promote export control reform.

However, the reality is cruel. In 2010, Sino US economic and trade relations had been constantly rubbing.

The issue of RMB exchange rate and trade imbalance have surfaced.

In his previous speech, US Treasury Secretary Geithner also referred to the issue of RMB exchange rate, protection of intellectual property rights and trade barriers.

The United States prohibits the export of military goods to China, and the export of civilian goods to China by military and civilian products is also subject to strict examination and approval. The Chinese side is not satisfied with the export restrictions imposed by the United States on China's exports to China.

It is obviously not easy to solve these problems in a short time.

Chen Deming pointed out that export control to China is an important cause of Sino US trade imbalance.

He said that in 2010, China's import and export trade amounted to nearly US $3 trillion, with a total surplus of only US $183 billion 100 million, of which only US $181 billion 300 million was surplus.

That is to say, 99% of China's surplus is generated in trade with the United States, and China's trade surplus is almost zero except for the US.

"US trade discrimination against China has been a trade law against China for many years.

US military products are prohibited from exporting to China, and the export of civilian products for dual-use military products to China is also strictly examined and approved.

Chen Deming said.

It is understood that in December 9, 2010, the United States revised its trade facilitation policy and enjoyed three trade and 164 preferential policies in the United States.

As the third largest export market in the United States, China has a larger market potential, but is excluded from the "164".

Chen Deming said, "now China is already the third largest destination for US exports to the world, and this position will increase with the plan of China's imports this year.

But the United States is discriminating against China's trade. We hope that the United States can change this policy and make Sino US trade more balanced.

"If we substantially relax the export of high-tech products to China's real needs, we can effectively reduce the trade deficit between China and the United States, but I do not think Obama will do so."

Yan Xuetong, Dean of the Institute of contemporary international relations of Tsinghua University, said in an interview that Obama's restrictions on the export of high technology products in China are always changing the technology development level of China, and always liberate the technology developed by the Chinese side.

This is different from the practices of other developed countries. It must maintain its technological superiority.

At the same time, Americans also have some complaints.

Derek Sces, a trade analyst with the US Heritage Foundation, told Reuters that instead of buying Boeing aircraft as the focus of Sino US economic and trade negotiations, it would be better to talk more about the issue of the RMB exchange rate, which is related to the future of the US economy.

In addition, Reuters reported that in the eyes of some US businessmen, China did not want to fully open its market.

This time, China and the United States once again failed to agree on the issue of importing American beef.

In Chen Deming's view, to solve the bilateral trade surplus, the two sides should sit down and talk calmly and peacefully. Instead of relying on the rise and fall of the currency, they should adjust their structures through mutual investment and increase the degree of trade facilitation and liberalization, so that the goods that China wants to buy can be bought from the United States.

{page_break}

"We hope our sincerity and efforts will be echoed and coordinated by the countries concerned.

China's importers want to buy the products that the people need, and not be subject to excessive export control. "

Background news

Obama's state of the Union address four China

From 2009 to 2011, for 3 consecutive years, an informal and two state of the Union address by President Obama of the United States referred to China without exception, and the number of times mentioned in China has doubled over the past year, once in the first year, two in second years, and four this year.

From the understatement of China's reference in 2009 to the call of "not to accept the withdrawal of the us from the US" in 2010 and the recognition of the decline of the US status in 2011, the three state of the Union address reflects Obama's delicate mindset.

In February 24, 2009, Obama delivered the state of the Union address to the house of representatives of the United States Congress, but since he just took office, the speech was defined as an informal state of the Union address.

In the only mention of China that evening, he said: "countries that master clean and renewable energy will take the lead in twenty-first Century.

However, it is China's efforts to develop the largest and most efficient energy economy in history.

Now is the time for the United States to take the lead again.

When the first formal state of the Union address was published in January 27, 2010, Obama mentioned that China has increased to two times, and shouted: "I do not accept the United States becoming the second place".

On the evening of January 25th this year, Obama mentioned China again in the latest state of the Union address, and doubled to four times.

When China first mentioned China, Obama said: "China and India and other countries have realized that only through change can we remain invincible in the world.

Therefore, they begin to educate children as early as possible and extend their education time, and pay more attention to mathematics and science education.

Later, Obama pointed out that China has increased its investment in R & D.

"Not long ago, China built the largest private solar energy research institution in the world.

China also has the fastest computer in the world.

For the third time, Obama admitted that the US infrastructure once took the lead.

He said: "the infrastructure of the United States used to be the best in the world, but no longer brilliant.

China is building faster trains and newer airports.

Meanwhile, the engineers of the United States only gave low scores for D when they evaluated the local infrastructure.

Finally, when it comes to increasing exports and expanding employment, Obama mentioned China again.

"Recently, the agreement we signed with India and China will bring 250 thousand jobs to the United States," he said.

He refers to the agreement reached between the two countries not long ago when Chinese President Hu Jintao visited the United States.

Throughout the three speeches, Obama's tone changed dramatically. The first two Obama clearly regarded China as an opponent of the development of the United States, especially the declaration of "unsuitable second child", which has meant to China.

In this state of the Union address, Obama's mindset has been pformed into recognition of China's leading position in some areas. It has a good example of "learning from China" and learning from China.

Compared with the previous two state of the Union addresses, Obama mentioned in particular that the agreement signed recently with China has brought huge employment opportunities to the United States. Its intention is very obvious, that is, cooperation with China is good for the United States, which may be one of the reasons why the third state of the Union address has changed its attitude towards China.