U.S. urges China to open more markets

July 13, 2011 at 7:00 am

Senior U.S. trade officials on Tuesday urged China to open more markets for American goods and services and make progress on other priority trade issues at the annual Mid-Year Review Meeting for the U.S.-China Joint Commission on Commerce and Trade (JCCT).

The two governments also took stock of their trade and investment relationship, and identified key policy concerns in preparation for the 2011 JCCT plenary meeting that China will host later this year.

Undersecretary of Commerce for International Trade Francisco Sanchez and Assistant U.S. Trade Representative Claire Reade co-chaired the meeting with Chinese Vice Minister of Commerce Wang Chao.

“We are focused on creating a balanced and healthy U.S.-China trade relationship, and we believe China should take steps to open more markets to American goods and services,” Sanchez said. “We face challenges that need to be addressed in our commercial relationship, but recognize the important synergies that exist between our National Export Initiative and China’s 12th Five Year Plan to develop and modernize its economy.” Read more.

American Shipper, 6/29/2011

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Entry filed under: American Shipper, China.

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