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The following article was published in our article directory on November 25, 2010.
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China Economic Contribution On United States Not Only In Trad

Article Category: Business

Author Name: Amanda xzh

Normalization of Sino-US relations, especially since the establishment of diplomatic relations, bilateral economic and trade relations developed rapidly. According to Chinese customs statistics, from 1973 to 1992, bilateral trade from 2.6 billion dollars to 17.49 billion U.S. dollars, 20 years China's trade surplus was U.S. $ 28,020,000,000. From 1993 to 2009, bilateral trade increased from $ 27,650,000,000 $ 298,260,000,000, plus 1972, 18 years China's trade surplus with the United States $ 1,058,336,000,000. Although China's trade surplus expanded to the United States, however, the number of informative and examples used to tell us: Although the trade surplus in China, the profit was mainly in the U.S. ... ...

Sino-US trade imbalance in one of the reasons is that U.S. restrictions on high-tech exports.

China's contribution to the U.S. economy not only in trade but also in the flow of talent, so the United States to purchase U.S. Treasury bonds have benefited. 2008 to 2009 school year, to the United States up to 671,616 foreign students, including 98,510 Chinese students, accounting for the total number of students in the world 14.4%. Since 1985, Tsinghua University graduates 80% of high-tech, high tech, Peking University, 76% of graduates to the United States, the United States "Science" magazine called it "the most fertile of the U.S. doctoral base." Including Nobel Prize-winning eight Chinese scientists in China, including a large number of elite stream to the U.S., the U.S. science and technology, American culture and education, and the U.S. economy have made a significant contribution.

U.S. restrictions on technology export to China is not getting loose, but increasingly tight. According to Chinese customs statistics, in 2001 and 2008, China imported from the U.S. high-tech products account for high-tech products of China's total imports has been from 18.3% to 6.9%. This year in March, Minister of Commerce Chen Deming attended the annual meeting of the China Development Forum that the U.S. restrictions on China three times, singled out the Chinese in 2007, the increase in dozens of varieties of Chinese export restrictions, including aerospace applications We want to buy can not buy spare parts.

Recently, the president proposed to the Chinese export C -130 transport, this is not a new product, 50 years of the 20th century the production of Lockheed Martin, have been exported to more than 50 countries and regions, and finally can exports to China, exports of many, will have to see the U.S. Congress and other research ... ... hope that the U.S. high-tech can be relaxed, so that the U.S. trade deficit with China will be reduced.

China and the United States, a large market in developed, developing the potential of a large market. Although China's GDP has become the second, but only on the total amount. The high end of the United States in the industrial chain, industrial chain in China is still at the low end of the complementarity between China and the U.S. is very strong, so the transfer of U.S. technology to China have great potential for cooperation in the energy sector in particular the potential of even worse. If you can play a complementary advantages for mutual benefit and cooperation and avoid a trade war, not to engage in the exchange rate war, not only for America, for Asia and the world peace, stability and prosperity will make a useful contribution.

Keywords: China Automatic Door, Air Source Treatment,

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