China, US sign 45 billion U.S. dollar order over 10 billion yuan contract

Source: Internet
Author: User
Keywords Signed China
Wang You Guo Lichen license The new Chinese President Hu Jintao's visit to the United States is the culmination of a joint signing between the two governments and companies. China and the US have signed orders worth 45 billion of dollars, Reuters quoted a senior US official as saying. Among them, the procurement of 200 Boeing aircraft, worth 19 billion of dollars.  The above orders include items signed in the previous few months.  U.S. President Barack Obama yesterday held a grand ceremony at the White House, welcoming Hu Jintao's state visit to the United States. After that, Hu Jintao and Obama attended a meeting of Chinese and American business people at the White House.  According to Reuters, Chinese business representatives include Lenovo Group, China Investment Limited liability company, Wanxiang Group, Haier Group and other senior executives.  U.S. Representatives include executives such as Microsoft CEO Ballmer, Goldman Sachs Group chief executive Officer Laued Blankfing, General Electric chief executive Immelt and Boeing CEO Jim Mcnani.  Hu Jintao arrived in Washington on the night of 18th to attend a private dinner hosted by U.S. President Barack Obama at the White House to welcome him to his visit.  local time 18th, China-US companies and research institutes participating in the second China-U.S. Clean Energy Forum signed a number of cooperation agreements on clean energy, involving energy efficient buildings, clean coal, electric cars and other fields.  A day earlier, China's trade and Investment Promotion Group (Wang), led by China's vice Minister of Commerce, signed six trade and investment agreements with the US side in Houston. Chong, President of international Trade and Economic University of foreign Trade, said that the clean energy Agreement signed by the United States and China, more to meet the U.S. demand for China.  China is striving for a good external development environment and setting the tone for the development of "Twelve-Five". China power contract more than 10 billion yuan Sino-US cooperation in the Clean Energy Cooperation agreement, including the Chinese state power group and the United States UPC Group.  Under the agreement, the two sides will jointly develop, build and operate 7 wind power projects, with a total investment of more than 10 billion yuan. Guo said it would conduct extensive strategic cooperation with UPC in the field of wind power. Under the agreement, the two sides will jointly develop, build and operate the installed capacity of more than 1075 MW of cooperative wind power projects. UPC officially entered China in 2006 and currently develops and constructs 24 projects in 12 provinces, municipalities and autonomous regions of China.  By the end of 2010, UPC installed wind power capacity in China reached 150 MW. In addition, the U.S.-listed company, Inc. and Chongqing Energy Investment Group Co., Ltd. signed a comprehensive memorandum of cooperation, will jointly set up a joint venture to develop and operate a series of renewable and carbon reduction projects. An insider told the first financial daily that the two sides are expected to run 400 MW hydropower projects, 700 MW of wind power resource development projects and 1 million tons of wind gas abatement projects. China plans to hold a 51% per cent stake in the joint venture, with Eis holding 49% for the next five yearsThe total installed capacity of the biomass energy project may reach 2G Watts.  It is noteworthy that the company was one of CIC's investment projects. In addition, the nuclear group also plans to purchase 10 sets of AP1000 nuclear fuel manufacturing equipment from Westinghouse. Westinghouse insiders told reporters that the contract value of Westinghouse was $35 million, and that the equipment was made in areas including Pennsylvania, Ohio, Colorado, Michigan and South Carolina, while the installation site was located in Baotou, Inner Mongolia.  Media said that the nuclear group is in Baotou to build AP1000 nuclear fuel plant, from 2015 onwards will be the AP1000 nuclear power plant in China to provide nuclear fuel exchange.  In the bilateral technical exchanges over the years, the "teacher-student role" in China and the United States is quietly changing subtly.  The US power giant, Duke Energy, and the new Austrian group of private enterprises in China will "learn" about future energy technology demonstration platforms, the report said yesterday.  In fact, the new Olympics is not the only company to "export technology" to the United States, according to Xinhua news agency, China Huaneng Group and the U.S. power company signed the same day on the coal-fired power plant energy saving and carbon dioxide reduction of technical cooperation agreement. According to the agreement, the two sides will carry out in the coal-fired power plant carbon dioxide reduction in the field of cooperation research, the two sides agreed to use Huaneng group self-developed carbon dioxide capture technology, the United States Power Company owned a 600,000-kilowatt coal-fired power plant to capture 1.5 million tons of carbon dioxide engineering feasibility study,  Timely advance the construction of the carbon Dioxide capture demonstration project.  The same day, China Huadian Group, Shenhua Group and other U.S. General Electric power, the United States and other U.S. aluminum signed a cooperation agreement.  To date, China and the United States have signed more than 100 agreements, memoranda and intentions between the governments.  The trade promotion group occasion talks about the business by the Ministry of Commerce Vice Minister Jiang Yaoping and Wang led the large-scale trading investment cooperation promoter Group, recently in the United States related state activity, also caused the media high concern. Chong to reporters that the procurement team and the previous procurement team has a greater difference. "Previously dispatched procurement groups are to solve the problem and reduce the pressure on the trade deficit." The scope of this has expanded significantly, from procurement to investment and technical cooperation, which will certainly be the case of technology transfer. "There are reports that this trip to the United States is more for the United States delivery gift." To this, a Ministry of Commerce Personage to this reporter pointed out, this is the international practice. It is reported that the trade Facilitation Group by the Ministry of Commerce Investment Promotion Bureau led, including the electromechanical Import and export Chamber of Commerce, Food and Livestock Chamber of Commerce, Light Crafts Chamber of Commerce, Pharmaceutical Chamber of Commerce, textile import and Export Chamber of Commerce responsible and related enterprises. Not only with President Hu Jintao's visit to the United States to foil the atmosphere, but also to help enterprises docking a good time.  Electrical and Mechanical Chamber of Commerce in charge of the reporter said that they went to the United States by Vice President Yiu Wenping led the core team travel, designed to help enterprises docking projects. "The operation of the entire trade Promotion corporation is to register with interested enterprises and to all chambers of commerce, and after summing up,Again by the Investment Promotion Bureau concrete docking. "Every business that travels is different," said the Commerce ministry. These companies may have projects of their own, or have investment intentions and interests, go to or directly sign a bill, or further investigate whether or not to invest. The Investment Promotion Bureau is responsible for organizing forums and related activities to facilitate the docking of enterprises. "In the opinion of the industry, this is also international practice." "We are also learning from foreign countries, because it is a common practice to follow senior leaders to conclude an agreement." From the Government's point of view, this is more than a single enterprise to promote economic and trade, and from a corporate point of view, also happy to see this form, because of the presence of both sides, show the government support more strongly.  Said one industry insider.  In fact, many of China and the United States were signed during the visits of national leaders.  In addition, some Ministry of commerce related to the reporter pointed out that this trip to the U.S. investment in a major progress, it is likely to sign the memorandum of understanding of investment, so that the United States in principle to relax China's investment in the United States control. In this regard, Chong that the signing of such a government-level memorandum is unlikely. "I think that's the next step, and what the Chinese government is doing is working in that direction." ”
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