For Immediate Release: June 28, 2011
Contact: ITA: Mary Trupo (202) 482-3809, USTR: Nkenge Harmon email@example.com
United States Encourages China to Open More Markets for U.S. Goods and Services During JCCT Mid-Year Review
BEIJING – Senior U.S. trade officials today encouraged 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 which will be hosted by China later this year.
Under Secretary of Commerce for International Trade Francisco Sánchez and Assistant United States 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,” Sánchez 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.”
Reade added, "The JCCT midyear review is a key opportunity to focus on full implementation of last year's JCCT commitments and to energize the work towards a productive 2011 JCCT plenary."
While in Beijing, Sánchez and Reade also participated in a roundtable with American companies focused on opportunities for U.S. technologies in the development of China’s smart grid.
In 2010, China was the United States’ third-largest export market and remains a critical destination for U.S. manufactured goods and services.
The JCCT, established in 1983, is the main forum for addressing bilateral trade matters and promoting commercial opportunities between the United States and China.
International Trade Administration
The International Trade Administration (ITA) is the premier resource for American companies competing in the global marketplace. ITA has 2,100 employees assisting U.S. exporters in more than 100 U.S. cities and 77 countries worldwide. For more information on ITA visit www.trade.gov.
The International Trade Administration, U.S. Department of Commerce, manages this global trade site to provide access to ITA information on promoting trade and investment, strengthening the competitiveness of U.S. industry, and ensuring fair trade and compliance with trade laws and agreements. External links to other Internet sites should not be construed as an endorsement of the views or privacy policies contained therein. This site contains PDF documents. A PDF reader is available from Adobe Systems Incorporated.