Page 13 - SCBJ-201701
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RegCuhlaaMtmoabrreykreCDtaoitAnsccJcuCceserCssneTsss,
By U.S. Chamber of Commerce
The U.S. Chamber of Commerce's Executive Vice "Our members understand that economic rebalancing and the
President and Head of International Affairs Myron growing Chinese middle class will continue to drive demand
Brilliant issued the following statement at the opening of for goods and services-and U.S. firms are well positioned to
the 27th meeting of the U.S.-China Joint Commission on meet that demand. But American companies must be able
Commerce and Trade (JCCT) last month: to compete on a level playing field in China and around the
world. We implore both governments at this final meeting of
"In the eyes of American businesses, the JCCT remains the the JCCT of the Obama Administration to produce outcomes
most important and robust mechanism for advancing two- that further that goal.
way commercial opportunities and addressing bilateral
commercial differences. Given the political transition in our "We commend Secretary of Commerce Penny Pritzker, U.S.
country and economic uncertainty around the world, China Trade Representative Michael Froman, and their teams for
and the United States need to take full advantage of this their continuing hard work to help strengthen the commercial
opportunity to improve the bilateral commercial environment relationship, create two-way commercial opportunities, and
and demonstrate a shared commitment to improving the address issues of concern to American companies, workers,
world's economy. farmers and ranchers."
"Working through the technical aspects of our commercial This meeting marks the final JCCT meeting of the Obama
relationship through the JCCT to address market access and Administration. It presents the opportunity to address ongoing
regulatory issues is vital to improving the overall relationship. disputes and secure compliance with past commitments on
The more progress that can be made at this JCCT on issues such as market access, overcapacity and subsidies,
addressing ongoing disputes and ensuring full implementation indigenous innovation policies, discriminatory policies
of past commitments, the more we can reduce pressures for affecting U.S. information technology companies, data
approaches that would be counterproductive to both sides. localization requirements and cross-border data restrictions,
and intellectual property protection concerns.
"The U.S.-China commercial relationship has never been
more of a two-way street than it is today. Chinese companies
last year invested more in the United States than American
companies in China. Such investment is good for both sides-
and we need more of it.
11
RegCuhlaaMtmoabrreykreCDtaoitAnsccJcuCceserCssneTsss,
By U.S. Chamber of Commerce
The U.S. Chamber of Commerce's Executive Vice "Our members understand that economic rebalancing and the
President and Head of International Affairs Myron growing Chinese middle class will continue to drive demand
Brilliant issued the following statement at the opening of for goods and services-and U.S. firms are well positioned to
the 27th meeting of the U.S.-China Joint Commission on meet that demand. But American companies must be able
Commerce and Trade (JCCT) last month: to compete on a level playing field in China and around the
world. We implore both governments at this final meeting of
"In the eyes of American businesses, the JCCT remains the the JCCT of the Obama Administration to produce outcomes
most important and robust mechanism for advancing two- that further that goal.
way commercial opportunities and addressing bilateral
commercial differences. Given the political transition in our "We commend Secretary of Commerce Penny Pritzker, U.S.
country and economic uncertainty around the world, China Trade Representative Michael Froman, and their teams for
and the United States need to take full advantage of this their continuing hard work to help strengthen the commercial
opportunity to improve the bilateral commercial environment relationship, create two-way commercial opportunities, and
and demonstrate a shared commitment to improving the address issues of concern to American companies, workers,
world's economy. farmers and ranchers."
"Working through the technical aspects of our commercial This meeting marks the final JCCT meeting of the Obama
relationship through the JCCT to address market access and Administration. It presents the opportunity to address ongoing
regulatory issues is vital to improving the overall relationship. disputes and secure compliance with past commitments on
The more progress that can be made at this JCCT on issues such as market access, overcapacity and subsidies,
addressing ongoing disputes and ensuring full implementation indigenous innovation policies, discriminatory policies
of past commitments, the more we can reduce pressures for affecting U.S. information technology companies, data
approaches that would be counterproductive to both sides. localization requirements and cross-border data restrictions,
and intellectual property protection concerns.
"The U.S.-China commercial relationship has never been
more of a two-way street than it is today. Chinese companies
last year invested more in the United States than American
companies in China. Such investment is good for both sides-
and we need more of it.
11
