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Business / Economy

US presence shows strong China ties

By Li Wenfang (China Daily) Updated: 2014-11-08 10:26

Such a treaty is also important in facilitating investment by Chinese companies in the US, Seyedin said.

"The US represents a large and established market that Chinese companies should not and cannot ignore. As Chinese companies go global, having a strong foothold in the US can help them look at other international markets."

"In many cases we find that Chinese companies who are now serving the US market from China are looking at setting up facilities to manufacture in the US for the US market, which is the same thing American companies have been doing in China for many years."

Seyedin said his chamber has been actively bringing groups from US cities and states to China to help promote opportunities in those locations.

On the ongoing reforms in China, Seyedin said they are already helping to build confidence among the member companies.

"The continued fight against corruption and the most recent announcements made after the Fourth Plenum of the 18th Central Committee of Communist Party of China, especially the move to govern by the rule of law, further opening-up, reduction of negative lists and increased transparency, are most welcomed by our companies.

"We look forward to supporting accelerated reforms by the Chinese leadership."

US presence shows strong China ties

US presence shows strong China ties

 Night scene of Beijing in APEC Week Chinese companies pitch in for APEC

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