Cui calls 2016 ‘cru­cial’ for re­la­tions

China Daily (Canada) - - ACROSS AMERICAS - By DONG LESHUO and HEZI JIANG in New York

The Chi­nese am­bas­sador to the United States told a busi­ness gath­er­ing on Tues­day that 2016 is a cru­cial year for both coun­tries.

Am­bas­sador Cui Tiankai ad­dressed the prospects for Sino-US re­la­tions at the New Year Cel­e­bra­tion Gala Din­ner of the China Gen­eral Cham­ber of Com­merce – USA on Tues­day at the Wal­dorf As­to­ria New York ho­tel.

“2016 is a year of cru­cial im­por­tance for all of us,” Cui said. “For China, 2016 marks the start of the 13th Five-Year Plan.”

The plan un­der­pins the poli­cies for China’s de­vel­op­ment from 2016 to 2020.

“It is the last mile we have to travel be­fore re­al­iz­ing the first cen­te­nary goal to dou­ble the 2010 GDP and per capita in­come and build a so­ci­ety of mod­er­ate pros­per­ity in all re­spects by 2020,” Cui said.

Cui also said that “the Amer­i­can peo­ple will elect a new pres­i­dent and a new Congress, a crit­i­cal choice (for the) Amer­i­can peo­ple to make”.

“The two coun­tries must work to­gether to en­sure a smooth tran­si­tion of their re­la­tion­ship into the next year and pave the way for its ir­re­versible growth in the years and even decades to come,” he said.

Some 350 busi­ness lead­ers in­volved in trade and in­vest­ment be­tween China and the US were in at­ten­dance.

“In build­ing up this new model of re­la­tion­ship, we will con­tinue to count on the sup­port of the busi­ness com­mu­ni­ties of the two coun­tries,” Cui said.

China is now the United States’ largest trad­ing part­ner and pro­vides a mar­ket worth $450 bil­lion for Amer­i­can goods and ser­vices, he said.

“At the same time, Chi­nese in­vest­ment in the United States is grow­ing rapidly. It has out­paced an­nual US in­vest­ment in China. Th­ese in­vest­ment flows de­liver ben­e­fits to both Chi­nese and Amer­i­cans, in­clud­ing more jobs and more com­pet­i­tive con­sumer mar­kets. They also help ce­ment China-US re­la­tions,” Cui said.

Cui ex­pressed his “sin­cere ap­pre­ci­a­tion to the Chi­nese and US busi­nesses for your long­stand­ing sup­port and con­tri­bu­tion to China-US re­la­tions over the years”.

He said he hopes that “Chi­nese com­pa­nies in the United States will con­tinue to act as Chi­nese am­bas­sadors of good­will, and con­tinue to learn from your US coun­ter­parts, as­sume more cor­po­rate so­cial re­spon­si­bil­i­ties and con­trib­ute more to the lo­cal com­mu­ni­ties where you are op­er­at­ing.”

Stefan Selig, un­der­sec­re­tary of com­merce for in­ter­na­tional trade at the US Depart­ment of Com­merce, pointed out the im­por­tance of the Chi­nese econ­omy to the Amer­i­can and global mar­kets.

“The year has got­ten a quite volatile start in the fi­nan­cial mar­kets around the world, in no small part be­cause of in­creas­ing con­cern about de­creas­ing growth in China, which I think speaks to the im­por­tance of our con­tin­ued co­op­er­a­tion and con­nec­tiv­ity to drive for­ward our com­mer­cial re­la­tion­ships be­tween our two great na­tions,” Selig told China Daily.

Michael Bloomberg was honored as Good­will Am­bas­sador for China-US Ex­change. The founder of Bloomberg LP and for­mer New York mayor called the Sino-Amer­i­can re­la­tion­ship “more im­por­tant than ever be­fore”.

“We share many chal­lenges; we share many op­por­tu­ni­ties,” he said.

Con­tact the writ­ers at dongleshuo@chi­nadai­lyusa. com and hez­i­jiang@ chi­nadai­lyusa.com

CAI CHUN­Y­ING / CHINA DAILY

From left: For­mer New York Mayor Michael Bloomberg, New York Lieu­tenant Gov­er­nor Kath­leen Hochul, and Cui Tiankai, Chi­nese am­bas­sador to the US, at­tend the din­ner gala of China Gen­eral Cham­ber of Com­merce - USA at the Wal­dorf As­to­ria New York ho­tel on Tues­day evening.

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