China business group signs 600 million dollar contract with US company

Economic and trade negotiations China's vice Minister of commerce more than 300 entrepreneurs visit the United States, signed a number of agreements the morning News comprehensive report of President Hu Jintao's visit to the U.S. Ministry of Commerce officials and a large business delegation also quite eye-catching.　　The Chinese government business delegation reportedly started a 4-day visit to the US and signed a 600 million-dollar contract with US companies on 17th, before the arrival of a business mission with Hu Jintao to the United States. According to reports, China's vice minister of Commerce Wang has led a business delegation to visit the United States, 17th signed 6 agreements with the U.S. side. "These 6 agreements are only the beginning of the further strengthening of economic and trade cooperation between China and the United States," Wang said. China's Trade and investment promotion group to visit the United States, one is to encourage China to import more from the U.S., and second, to promote Chinese companies to invest in the United States. Many states now welcome Chinese entrepreneurs to invest in business, and the competition is fierce. Capital is undoubtedly chasing the best investment environment and higher profits. It is hoped that U.S. federal and local governments will facilitate the investment of Chinese enterprises in the United States and support the economic and trade cooperation between the two countries. "China's Trade and Investment Promotion Group, which is comprised of more than 300 entrepreneurs from more than 200 companies, will launch similar activities in Washington, Boston, Chicago and Minneapolis, and may announce the signing of a commercial contract worth $ tens of billions of, but U.S. industry officials are reluctant to estimate the amount," he said.