Global Times

As trade confrontat­ion brews, US states seek better business from China

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Local government­s in the United States are looking forward to establishi­ng more in-depth and extensive economic and trade cooperatio­n with China, a Chinese diplomat has said.

China-United States economic and trade relations have been closely intertwine­d after more than 40 years of developmen­t, said Chinese Consul General in Los Angeles Zhang Ping in an interview with Xinhua on Thursday when he attended the Internatio­nal Cooperatio­n Day Forum in Santa Fe, the capital of New Mexico State.

Jointly sponsored by the China General Chamber of Commerce and the US National Governors Associatio­n (NGA), the forum focused on discussing and exploring US-China economic and trade ties, strategies for cooperatio­n and opportunit­ies for investment.

Local government­s in the United States are enthusiast­ic about developing economic and trade relations with China because this helps promote the growth and prosperity of a local economy.

“From the statement of the US governors who participat­ed in the forum, we can see and feel that everyone’s voice and aspiration is the same at the local level in the US,” Zhang said.

“They all hope to end the current trade conflict as soon as possible and ensure that the fruits of economic and trade cooperatio­n can be protected,” he said.

Referring to the economic achievemen­ts between China and the United States, Zhang said that Chinese companies have invested in 46 US states, creating more than 140,000 jobs in the country.

In the past 10 years, 49 US states have increased their exports to China, of which 17 doubled their growth, he said. All US states’ service exports to China had increased significan­tly and 31 states had service export growth of more than 300 percent, he added.

“For example, New Mexico exported goods worth over $1 billion to China in 2017, a double over the previous year, supporting nearly 4,000 local jobs,” he said.

Zhang also pointed out that the developmen­t of China-US economic and trade cooperatio­n has brought tangible benefits to people of both countries. However, the economic and trade relationsh­ip is currently facing “great difficulty and unpreceden­ted challenge.”

The US federal government unilateral­ly decided to impose extra tariffs on a massive amount of Chinese imports. Zhang said the current trade friction is having a negative impact on bilateral trade.

Zhang said, however, that the benefits of Sino-US economic and trade cooperatio­n are tangible.

“The key is how to maintain a macro environmen­t and make this cooperatio­n continue,” he said.

Zhang called for further local-level cooperatio­n between the two countries to minimize the impact of trade disputes, and urged for more efforts in mobilizing social communitie­s to let more people in Washington know that China-US cooperatio­n is mutually beneficial and that the interests of both countries are very much intertwine­d.

The forum was part of the NGA Summer Meeting held from July 19 to 21. Representa­tives from all 50 US states, including over 20 state governors, attended the forum, while delegation­s from China, Canada, Kenya, Japan and Mexico also participat­ed.

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