Commerce to get ‘open, connected’ billion
rights speech in 1966.
Orlins was not alone in having a glimpse of sound relations between the world’s largest developed country and the largest developing country.
“China is enormously important to our success as a company and as a major US exporter,” said Raymond L Conner, vice chairman of Boeing, the largest US exporter, in his speech at the event.
More than 50 percent of the commercial aircraft operating in China are Boeing airplanes, he said.
Boeing has forecast that in the next 20 years, China will demand 6,810 new aircraft with a total value of about $1 trillion. This demand will make China the biggest customer of Boeing commercial airplanes.
Chinese customers are expected to take delivery of 30 percent of all Boeing’s top-selling 737 models and about 25 percent of all aircraft produced in Washington State and South Carolina, Conner said.
He said: “Obviously, these deliveries are very significant to the almost 76,000 Boeing employees who design, assemble and support our commercial airplanes.
“It’s also very significant to the 1.5 million people in jobs who are supported through our supply chain here in the United States, and also for the communities, where all these businesses and people live and work across all 50 states.
“Clearly the Chinese aviation market continues to grow, so we’re going to continue to see the number of the US jobs at Boeing and throughout our supply chain continue to grow Conner joined Boeing in 1977, five years after President Richard Nixon’s groundbreaking visit to China in February 1972.
“Just to give you a sense of the broader impact on the US economy, deliveries to China by Boeing support approximately 150,000 US jobs every year. That’s an incredible number,” he said.
Describing Boeing’s partnership with China as “amazing,” Conner said a sound US-China relationship is “vitally important to the world, certainly to the United States and China alike.”
He said: “We are all stronger for working together through the years, and we certainly look forward to the opportunities to continue to strengthen, and celebrate these ties that are so important to our mutual success.”
Oscar Munoz, United Airlines CEO, also echoed Orlins’ and Conner’s confidence in the future of USChina relations.
“I see a future that is increasingly open, connected, collaborative and creative,” he said. “That’s a future that is increasingly defined by winwin mentality rather than zero sum context between closed markets, and that has never worked, as former US Secretary of State Henry Kissinger said, and never will work.”
United Airlines, which now flies a total of 100 weekly flights to six Chinese destinations — Beijing, Shanghai, Hong Kong, Xi’an, Chengdu and Hangzhou — is formulating strategies to meet the traveling needs of innumerable people in China, Munoz said.
Statistics from the Wall Street Journal show that while Chinese investment in the US was next to zero in 2006, it jumped to more than $20 billion in 2015.
More than $5 billion of Chinese investments in the US were completed in the first three months of 2016 alone, according to the NCUSCR.
Workers handle panes of glass at the Fuyao Glass America plant in Moraine, Ohio. The plant serves as the Chinese company’s North American hub for recycled glass manufacturing. Fuyao Glass Industry Group took over the closed General Motors factory in Ohio and created 2,500 US jobs. the amount of Chinese investment in the US from 2000 through to December 2015 employed by more than 1,900 companies that Chinese investors have bought or created in the US from 2000-15