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September 25, 2018

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Reaping benefits from trade, economic deals

CHINA is firmly committed to safeguarding its national dignity and core interests, advancing the sound development of China-US economic and trade relations and protecting the lawful rights and interests of foreign businesses in China.

The US is a major source of foreign investment for China. According to China’s Ministry of Commerce, by the end of 2017, there were approximately 68,000 US-funded enterprises in China with actualized investment of more than US$83 billion.

China and the US have both reaped enormous benefits from trade and economic cooperation.

American companies have played an exemplary role in China for their Chinese peers in terms of technological innovation, marketing management, and institutional innovation. They have promoted market competition and motivated Chinese firms to improve their technology and management.

At the same time, the US has gained access to a wide range of business opportunities such as cross-border investment and entry into the China market, which have played a big part in driving economic growth, improving consumer welfare, and upgrading the economic structure in the US.

China respects international business practices, observes the rules of the WTO, and treats all businesses registered in China equally.




 

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