US Commerce Minister: Sino-US cooperation should not be interfered by trade barriers

Source: Internet
Author: User
Keywords Barriers
Tags agency economic economic growth enterprises international trade world
China News agency Beijing, July 15 (Xinhua)--Chinese Commerce secretary Gary Locke is concerned about trade protectionism.  15th, he told American companies in China that the innovation and cooperation of Chinese and American enterprises should not be interfered by man-made trade barriers. Gary Locke gave a speech to members of the American Chamber of Commerce on the same day.  He said it was tempting to seek refuge in trade and investment protectionism during tough economic times, but history has shown that these measures are self-defeating and ultimately have a negative impact on long-term economic growth. "At the 20 summit in London, President Obama, President Hu Jintao and leaders of the world's leading economies have reminded us of the need to maintain a fair and open market."  Locke said. He acknowledges that there is a blurring between the promotion of key indigenous technologies and protectionism, and that action should be taken to avoid confusing them.  To create a freer trade environment, the parties should reaffirm their adherence to international trade law and international trade agreements. Gary Locke, who is expected to discuss clean energy cooperation with China during the visit, said the development of clean energy is good for both China and the world, and American companies have a lot of advanced technology in clean energy, and they can help in the transition to clean energy in China, and he himself will provide the necessary help to US companies in this area. Finish)
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