3 million US-China export promotion bill

Source: Internet
Author: User
Keywords American government Chamber of Commerce Motion Cork
3 million U.S. companies to China's "Export promotion Bill" appeal to 400 billion U.S. dollars to promote exports "American enterprises, in particular, small and medium enterprises in the United States, like European and Japanese enterprises, should receive support from their governments to enter the Chinese city often" Washington, D.C., May 18, the U.S. Chamber of Commerce Greater China Senior Director Hortman (  Jeremie Waterman told our correspondent that the U.S. Chamber of Commerce will publicly support the U.S.-China market contact and Export promotion bill, introduced by the US-China Working Group (hereinafter referred to as "Export promotion Bill"). The bill's legislative process, launched by Congressman Larsen of Washington, on May 14, aims to require the U.S. government to "help U.S. small and medium enterprises to enter the Chinese market and create jobs in the United States."  "The American Chamber of Commerce's vision of developing the Chinese market has been valued by Ron Kirk, the US trade representative."  On the day of May 18, Koch spoke at the American Chamber of Commerce in the face of hundreds, a well-known American corporate representative, who disclosed his work plan for the first time, expressed his desire to develop "more comprehensive" Chinese trade relations, and called on the major trading powers to stop recriminations and push forward the Doha round negotiations. The U.S. trade Representative is the President's chief trade adviser, the U.S. chief trade negotiator and a spokesman for trade and related matters. "The Ministry of Commerce and the Office of Trade representatives has historically been the right arm of the President of the United States in trade affairs and the Trade Representative is responsible for negotiating bilateral or multilateral agreements," Fordman, a senior trade lawyer at the Hostetler law firm in Washington, D.C., said in an interview earlier: The Ministry of Commerce is responsible for implementing such agreements.  "The U.S. Chamber of Commerce called for a doubling of federal funding to export the American Chamber of Commerce to the export promotion bill." The Chamber of Commerce consists of 3百多万家 American enterprises and institutions, of which 80% of the member enterprises are small and medium enterprises.  However, "small American SMEs have little knowledge of China, and the U.S. government lacks support for this [SME development]," Wu Tinggui Anthony Goh, co-chairman of the China Chamber of Commerce and Industry forum, told reporters. China is now the third largest export market in the United States, after Canada and Mexico.  According to the IMF forecast for April this year, the Canadian and Mexican economies will decline 2.5% and 3.7% respectively this year, while China will grow 6.5%. "China is one of the few countries in the world where the economy is still growing, and increasing exports to China is important to reviving the economy and creating jobs for the country," he said.  Hortman to this newspaper reporter said. To this end, he suggested that the U.S. government strengthen the export competitiveness of its enterprises, balance Sino-US trade: "Protectionism does not solve the problem." We must find ways to increase our competitiveness and then comprehensively solve the problems of our business relationship with China. "The American Chamber of Commerce has also suggested that the U.S. government double the current federal allocations for export promotion and focus on exportsThe United States exports a total of 1/3 of small and medium-sized enterprises. The United States now has a federal budget of 200 billion dollars a year to help us SMEs export.  The Chamber also hopes that the Export-Import Bank will play a greater role in trade.  Participation in the Asian market is a primary concern. The American Chamber of Commerce's proposal was partly echoed by the US trade Representative Kirk, who was present on the day. "The advantage of China-US economic and trade relations is that there are mature dialogue frameworks such as the Sino-US joint Business and Trade Commission (JCCT) and the China-US Strategic and Economic Dialogue (SED), which we can use to solve problems once trade problems arise," Koch said in a speech.  "In fact, the whole Asian market is the focus of Koch's attention." He said, "Personally, in implementing President Obama's trade policy, it is one of my primary goals to make the United States more actively involved in the Asian market:" We intend to further strengthen U.S. trade policy in Asia by taking advantage of the 2011 U.S.-led APEC meeting. " The speech attracted hundreds of listeners, including representatives of Amway, Westinghouse and Pfizer, a well-known American company.  These companies are closely linked to overseas trade, with 85% of Amway's sales revenue coming from overseas and 80% of its products overseas. For now, Koch's job is to push Congress to ratify three free-trade agreements between the United States and Panama, Colombia and South Korea.  The three agreements have been signed, but Congress has been slow to legalize the deal for fear of affecting U.S. employment.  Daniella Markheim, a researcher at the Markheim Heritage Foundation, which will bring huge market traditions to U.S. manufacturing, agriculture, transport and services, predicts that the US-Colombia free Trade agreement will add $1.1 billion trillion in export earnings to the United States after its full implementation. Another important ongoing task for Koch is to promote the resumption of the Doha round negotiations. Koch went to Geneva last week to visit the WTO headquarters and meet with representatives of Latin American and Caribbean countries, African and least developed countries, WTO Director-General Lamy, Swiss and EU trade officials. However, the Office of the United States Trade Representative has yet to find an appropriate way to promote DOHA negotiations.
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