On July 31, the China Council for the Promotion of International Trade held a regular press conference for July. Yang Fan, the spokesman of the Council, stated during his introduction of relevant information and response to media questions that Ren Hongbin, the president of the China Council for the Promotion of International Trade, led a delegation of Chinese entrepreneurs to the United States at the end of July and early August. It is expected that more than ten Sino-US business matching activities will be held with American institutions and enterprises.
A reporter asked that we noticed that recently the China Council for the Promotion of International Trade organized a delegation of entrepreneurs to visit the United States. Please provide an introduction to this situation. How will the China Council for the Promotion of International Trade continue to promote economic and trade exchanges between China and the United States?
Yang Fan stated that this year is a 'major year' for Sino-US relations. In May, President Xi Jinping met with President Trump in Beijing, and they jointly established a new concept of 'constructive strategic stability between China and the US', providing important strategic guidance for the next stage of Sino-US relations. To actively implement the series of important agreements reached during the meeting between the two heads of state in Beijing and to promote Sino-US business cooperation, at the invitation of the US-China Trade Council, Ren Hongbin, President of the China Council for the Promotion of International Trade, led a Chinese entrepreneur delegation to the US at the end of July and early August.
Yang Fan introduced that the delegation is currently on its way to the United States. It is expected that they will participate in more than 10 Sino-US business matching activities with American institutions and enterprises. The 22 Chinese enterprises from key industries will engage in multi-level and multi-field discussions with American companies such as Cargill, Visco-Viscose, and 3M. The composition of this delegation fully reflects the latest achievements in China’s industrial upgrading. It includes key enterprises that represent green transformation, as well as emerging forces focusing on cutting-edge technology. These enterprises will become new highlights in Sino-US economic cooperation.
Yang Fan stated that in the first half of this year, there was a positive trend of both increasing volume and quality in the exchange of people and goods between China and the United States. The National Council for Trade Promotion issued 46,100 certificates of origin for products originating from the United States, involving an amount of $2.95 billion, a year-on-year increase of 13.38%. There were 735 ATA cargo forms used by Chinese companies entering the United States, a year-on-year increase of 15.93%, and 381 ATA cargo forms used by Chinese companies entering the United States from the United States, a year-on-year increase of 17.96%. As of the end of June, the China Council for Trade Promotion had approved 150 exhibition projects for Chinese enterprises to participate in exhibitions in the United States. In the first half of the year alone, 87 such projects were carried out, with nearly 2,000 Chinese enterprises participating in exhibitions in the United States.
