BIZCHINA / Top Biz News

China hopes JCCT meeting will be fruitful
(Xinhua)
Updated: 2006-04-07 10:03

The Chinese government hopes the upcoming meeting of the Sino-U.S. Joint Commission on Commerce and Trade (JCCT) will be fruitful, a Foreign Ministry spokesman said in Beijing Thursday.

Chinese Vice-Premier Wu Yi will co-chair the 17th meeting of the JCCT in Washington with U.S. Secretary of Commerce Carlos Gutierrez and Trade Representative Rob Portman on April 11.

Foreign Ministry spokesman Liu Jianchao said the Chinese government hoped that the two sides would discuss issues of common concern in a spirit of equality and mutual benefit.

The Chinese delegation will include 202 entrepreneurs from 111 enterprises, Liu said. They will hold seminars and promotions on trade investment with U.S. enterprises in 14 cities in 13 states, signing contracts involving agricultural products, aircraft, software, automobiles and components, as well as electrical products and medical equipment.

Sino-U.S. trade volume hit 212 billion US dollars last year. Actual investment from the United States in China reached US$51 billion. China is the fourth largest export market of the United States, which is the second largest trade partner of China.


(For more biz stories, please visit Industry Updates)