Page 13 - The South China Business Journal
P. 13
iffs, and other regulatory measures like the Q: Worries about China’s rapid
NEV mandate. So it’s critical that the openings are upgrading of manufacturing
comprehensive, real and produce outcomes, not technology, particularly after the
cosmetic efforts to reduce the bilateral trade surplus launch of Made in China 2025, are
with the United States. widely shared by the U.S. businesses,
government, and academia. Thereof,
The U.S. Chamber and our members welcomed some of the commentators claim
the direction embodied in President Xi’s speech and that the trade war targets at China’s
are hopeful it is just the start of a bold new reform high-end production and future
process. An ambitious and concrete Chinese reform competition in technology instead
package would not only stimulate a new round of of the trade deficit. And if we look at
dynamic growth in the China market, but would also the U.S. government’s tariff list to be
revitalize trust and confidence among executives imposed on products originating from
and policy-makers. China, this viewpoint seems to be true.
What implication do you see from
We look forward to working with both governments China’s imposition of new tariffs on
to make future openings meaningful and to reduce the U.S. products?
tensions in the relationship, which is strongly in the
interest of both business communities. M: Our aim is to avoid the
imposition of tariffs. The U.S.
Chamber has been clear time and again
in our strong belief that unilateral tariffs
are the wrong tool to address very valid
concerns. We will continue to push back
against approaches that we believe are
counterproductive to the interests of
American consumers, workers, farmers,
ranchers, and businesses.
China is right to be focused on innovation
and the development of value-add sectors
in its economy. In that vein, the spirit
of Made in China 2025 is admirable.
U.S. Chamber members, many of which
have large investments in China and
are contributing to China’s innovation
capacity, welcome many of China’s goals
and see mutually beneficial opportunities
as the Chinese economy continues to
develop and transform to one focused on
higher value-added goods and services.
In addition, American companies are
optimistic about the future and believe
they can compete in any market, including
China, given a fair chance. Our companies
recognize that the Chinese market is a
highly competitive one and will become
only more so in the coming years.
The Chamber and our members
thrive on competition. It drives growth,
improves living standards, and ignites
innovation. The important question,
however, is less whether, but how,
China will become more innovative. We
support a regulatory environment that
creates a level playing field on which all
South China Business Journal 11
NEV mandate. So it’s critical that the openings are upgrading of manufacturing
comprehensive, real and produce outcomes, not technology, particularly after the
cosmetic efforts to reduce the bilateral trade surplus launch of Made in China 2025, are
with the United States. widely shared by the U.S. businesses,
government, and academia. Thereof,
The U.S. Chamber and our members welcomed some of the commentators claim
the direction embodied in President Xi’s speech and that the trade war targets at China’s
are hopeful it is just the start of a bold new reform high-end production and future
process. An ambitious and concrete Chinese reform competition in technology instead
package would not only stimulate a new round of of the trade deficit. And if we look at
dynamic growth in the China market, but would also the U.S. government’s tariff list to be
revitalize trust and confidence among executives imposed on products originating from
and policy-makers. China, this viewpoint seems to be true.
What implication do you see from
We look forward to working with both governments China’s imposition of new tariffs on
to make future openings meaningful and to reduce the U.S. products?
tensions in the relationship, which is strongly in the
interest of both business communities. M: Our aim is to avoid the
imposition of tariffs. The U.S.
Chamber has been clear time and again
in our strong belief that unilateral tariffs
are the wrong tool to address very valid
concerns. We will continue to push back
against approaches that we believe are
counterproductive to the interests of
American consumers, workers, farmers,
ranchers, and businesses.
China is right to be focused on innovation
and the development of value-add sectors
in its economy. In that vein, the spirit
of Made in China 2025 is admirable.
U.S. Chamber members, many of which
have large investments in China and
are contributing to China’s innovation
capacity, welcome many of China’s goals
and see mutually beneficial opportunities
as the Chinese economy continues to
develop and transform to one focused on
higher value-added goods and services.
In addition, American companies are
optimistic about the future and believe
they can compete in any market, including
China, given a fair chance. Our companies
recognize that the Chinese market is a
highly competitive one and will become
only more so in the coming years.
The Chamber and our members
thrive on competition. It drives growth,
improves living standards, and ignites
innovation. The important question,
however, is less whether, but how,
China will become more innovative. We
support a regulatory environment that
creates a level playing field on which all
South China Business Journal 11
