This week, the new emerging industry partnership is a bright spot

The Securities Times this week, Chinese President Hu Jintao will pay a state visit to the United States.　　The Chinese ambassador to the United States said recently that President Hu Jintao's forthcoming state visit to the United States is a significant diplomatic move to advance China-US relations in the new era. During the international financial crisis, China and the United States have been actively working together to play an important role in promoting world economic recovery.　　In the past 2010, China and the United States have frequently interacted with important economic partners, trade and investment ties are getting closer, and the market expects the "Hu Olympic Games" to bring more new achievements in Sino-US trade. At the 21st session of the Sino-US Joint Commission on Commerce and Trade held in Washington late last year, the two sides reached a consensus to sign a number of agreements on economic and trade cooperation. U.S. Commerce secretary Gary Locke said recently that China is now speeding up the development of pharmaceutical, energy, High-tech and other strategic emerging industries, which inject new content into bilateral economic and trade cooperation.　　The United States welcomes China's rapid economic development, which is beneficial not only to China itself, but also to American companies and the global economy.　　U.S. Treasury Secretary Timothy Geithner said at a White House news conference in Friday that U.S. exports to China are expected to double in the next 4-5 years, and that in about 10 years, China could become the country's largest trading partner. Liang Xiaomin, a prominent economist, said the United States might make some concessions on the issue of China's attention over the years in the U.S. to loosen export controls on high-technology products.　　Grosiping, director of the Institute of International Finance at Shenzhen University's School of Economics, also said that China wants the US to give a timetable for relaxing the export controls on high-technology products, not just verbal commitments. The head of the finance Department of Lingnan College, Sun Yat-sen, said there is potential for cooperation between Chinese and American companies in high-speed rail.　　Some analysts also said that China and the United States have common interests in the field of clean energy and broad prospects for cooperation. China's trade surplus fell to $13.08 billion last December, below the market's expected $20.8 billion trillion, according to data released by the customs administration recently. The data show that China is moving towards a balance between trade and the global economy.　　Paulson, the former US Treasury secretary, said the yuan's appreciation was not the focus of the US-China summit. Analysts believe that, despite the frictions and differences between the two sides, cooperation based on common interests has always been the mainstream of bilateral relations. (Wu Jiaming Yangli Flower)