Underscores Importance of the Economic Relationship, Warns of Escalating Concerns
WASHINGTON, D.C.—The U.S. Chamber of Commerce and the China Center for International Economic Exchanges (CCIEE), one of China’s most influential think tanks, this afternoon opened the eighth meeting of the U.S.-China CEO and Former Senior Officials’ Dialogue. The meeting is being led by U.S. Chamber President and CEO Thomas J. Donohue and CCIEE Chairman and Former Vice Premier Zeng Peiyan. They are being joined by leading CEOs, former cabinet officials, and think tank experts for two days of discussions at the Chamber. Senior U.S. government officials will address the delegates on a range of important topics in the economic relationship.
“Chairman Zeng continues to be a great partner in advancing the U.S.-China economic relationship and the CEO Dialogue. We are committed to this Dialogue because the relationship between our countries is vitally important to the entire world,” said Donohue. “Our organizations, supported by leading CEOs, believe strongly that we must to work together to promote win-win commercial opportunities as well as engage candidly on serious, and in some cases escalating, challenges in a manner that help our governments to carefully manage differences and resolve them where possible.”
The U.S. Chamber is looking toward the Strategic and Economic Dialogue early next month in Beijing for concrete progress on a range of trade and investment concerns with China, resolution of which would help to advance commercial opportunities for American companies and workers.
“As Chinese investment grows rapidly in the U.S. economy, businesses on both sides agree that the single greatest opportunity is for the two governments to complete negotiations on a high-standard, comprehensive bilateral investment treaty by the end of this year,” said Donohue. “The two governments should also use the upcoming S&ED meeting and the G20 later this year in Hangzhou, China to promote global growth, advance overdue structural reforms, curb overcapacity, and strengthen the global trading system by concluding a new agreement that opens trade in environmental goods and services at the WTO,” added Donohue.
The CEO dialogue is a unique platform for leaders from the business communities in both countries, supported by former top government officials, to engage in discussion of the most important economic and commercial policy issues in U.S.-China relations, including two-way investment, infrastructure development, innovation policy, and cyber security.
To read Donohue's statement to the press at the opening of the U.S.-China CEO Dialogue, please click here.
The U.S. Chamber of Commerce is the world's largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations. Its International Affairs division includes more than 50 regional and policy experts and 25 country- and region-specific business councils and initiatives. The U.S. Chamber also works closely with 116 American Chambers of Commerce abroad.