Tuesday, January 18, 2011

Economic and trade cooperation with China, why the United States remains dissatisfied with huge benefits

 Substantial return on investment and export growth -

China market has become America's invest in new plan: General Electric will invest a total of more than 20 billion dollars to strengthen the R & D activities in China, the establishment of multiple innovation centers, and the introduction of new joint ventures; P & G announced that at least the next 5 years, additional investment in China, another 10 billion; Ford The company said the year will continue to expand the scale in China; Caterpillar's joint venture to create a new, bigger and parts business in China; Starbucks confirmed that by 2015 the number of stores in China to 1500; Carlyle set up a special surface investment funds to China and increase Chinese investment in the industry ... ...

executive director of Intel China Ge Jun ambitious: network, which will bring new U.S. IT industry development opportunities.

According to MOFCOM statistics, as of the end of 2010, U.S. investment projects in total over 59,000, the actual investment 65.223 billion U.S. dollars, China has gradually become a large profit center for US-funded enterprises. According to U.S. Chamber of Commerce survey released last year, 2009, 71% of U.S. corporate profits in China; 46% of the respondents in the Chinese market, profit margins than their global margins.

Not only that, 10 years to join the WTO, China committed to opening up both the 100 U.S. service sector business investment. Accounting, banking, insurance, securities, business and other fields, the United States service enterprises in China,

present, China is the second largest trading partner and fastest growing market for U.S. exports. According to the China General Administration of Customs released the latest data, the 2010 Sino-US trade volume reached 385.34 billion U.S. dollars, an increase of odd years, one of China's imports from the U.S. $ 102,040,000,000, an increase of 31.7%.

extends farther if some of the time, we can more clearly see the rapid growth of U.S. exports to China: According to the U.S. Department of Commerce statistics, 2001-2008, U.S. exports of goods from the 19.2 billion expanded to 71.5 billion U.S. dollars U.S. dollars, an increase of 272% over the same period the United States to other countries and regions by only 72%; trade in services, the United States in recent years, China has maintained a surplus. U.S. trade surplus in 2009 reached 7.43 billion U.S. dollars, was nearly 4 times in 2001.

faster by increasing exports to China, the United States share the dividends of economic growth in China. U.S. states have been tangible benefits, 50 states, 40 states are the top five export markets including China. 10 years, U.S. manufacturing and agricultural exports to China increased 330%, far higher than the United States and other parts of the world's export growth rate of 29%. China has become the U.S. soybean, cotton, the largest single overseas market and the automotive, aircraft and other mechanical and electrical products, an important export market. 2010 US-China Business Council's report said:

increase consumer welfare, and expand job opportunities -

fully benefit from U.S. economic and trade cooperation with China

economic and trade cooperation with China, the United States not only directly benefit from exports and investment to China, but also access to a broad, macro-economic interests of the great, this first in China's exports to the U.S. has greatly increased the welfare of American consumers.

According to statistics, Chinese products into the U.S. market, the clothing and footwear, toys, bags, electronic appliances and other consumer goods accounted for about 75%. The quality and cheap Chinese products has greatly enriched the lives of the American people, expanding the range of choice of U.S. consumers, especially the residents in the United States brought tangible benefits to low-income groups, but also to the United States in large still be under pressure to maintain low inflation.

according to the U.S. research by Morgan Stanley, the Americans through the purchase of goods from China alone in 2009, saving an average of more than 300 dollars in expenses. According to US-China Business Council study, the U.S. GDP in 2010 because of increased investment and more trade with China increased by 0.7% while prices will fall by 0.8%, the two together, each household disposable equivalent to the U.S. revenue increase of $ 1,000 per year.

Sino-US economic and trade cooperation has also effectively increase the U.S. jobs. January 2010, U.S. Commerce Secretary Gary Locke in the United States-China Business Council speaker

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