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Reporter:
US-China Business Council President John Frisbie says he believes the negotiations2 for the investment treaty will be an important topic between Chinese President Xi Jinping and his counterpart Barack Obama.
"More specifically, I think the bilateral3 investment treaty is the top priority. For the reasons that I said, there is a negotiating processed in Beijing two weeks ago from now, there is another negotiation1 session will take here in Washington before President Xi is here."
President Xi Jinping will make his first official state visit to the United States later this month.
中美战略与经济对话推动双边投资协定
Insiders believe the treaty negotiation will not only greatly spur investment potential between the two countries, but also be beneficial to US manufacturing and to China's structural4 reform. In June, the 19th round of negotiations saw the first exchange of negative lists, or sectors5 excluded from the treaty, marking new progress at the talks.
Frisbie says China and the US are going to be the main global growth drivers for years to come. He emphasizes that the Chinese market is important to US companies.
"The important is that China remains6 the growth drivers for American companies in spite of the economic slowdown in China. By my calculation, China is about 400 billion dollars market for American companies."
The US-China Business Council is a private, nonpartisan, noNPRofit organization of over 200 American companies that do business with China.
A previous report by this council showed that China is still an important export destination of US products amid China's economic slowdown. Export volume to China reached 120 billion US dollars last year, right after Canada and Mexico.
For CRI, this is Xyee.
点击收听单词发音
1 negotiation | |
n.谈判,协商 | |
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2 negotiations | |
协商( negotiation的名词复数 ); 谈判; 完成(难事); 通过 | |
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3 bilateral | |
adj.双方的,两边的,两侧的 | |
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4 structural | |
adj.构造的,组织的,建筑(用)的 | |
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5 sectors | |
n.部门( sector的名词复数 );领域;防御地区;扇形 | |
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6 remains | |
n.剩余物,残留物;遗体,遗迹 | |
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