Sino-US investment focus of US ambassador
Updated: 2014-06-25 16:34
By Li Jiabao and Mu Chen (chinadaily.com.cn)
|
||||||||
New United States ambassador to China, Max Baucus, said in his first public speech on Wednesday that advancing the Bilateral Investment Treaty (BIT) will be a top priority during his tenure.
|
He said that turning away from China and refusing to engage would do nothing to alleviate those concerns such as labor standards, PLA issues and environmental standards. And while China's rise presented certain challenges, it also held up a tremendous response.
A member of the Democratic Party, Baucus was appointed to serve as Ambassador to China by President Barack Obama in February, succeeding Gary Locke. When he was in the Senate Baucus strongly supported the permanent normal trade relations with China and late China's succession into the WTO.
Baucus said that China now faces a new WTO moment.
"Even as China has experienced tremendous growth and development for the last 20 years, new challenges have emerged. Building a modern, energy efficient, innovative economy that can deliver equitable and sustainable growth require a new round of the sort of broad based reform when China joined the WTO."
"I don't believe anyone can push hard enough to make China do something that is not in China's interests. But I fully recognize the important role the US and other countries can play in helping China to implement reforms that lead to sustainable and balanced growth," Baucus said.
- PLA ships arrive in Hawaii for world's largest naval exercise
- NTSB blames Asiana crew for crash that killed three
- Xunlei goes public on the NASDAQ
- Beijing, Boston are just 13 hours apart
- Stable reform expands US-China relations
- Shanghai's Jews focus of DC show
- Fosun invests in studio to get Hollywood's know-how
- Soldier's struggles inspire birth of an opera
Most Viewed
Editor's Picks
Crackdown on terrorist attacks |
My China Story: Meeting the master |
Tongues tied around tatu-bola |
A market that's not such a hot property |
Tough regime cranks out test winners |
Some lab animals get reprieve from testing |
Today's Top News
China set to be net investor
Mediators can end labor wrangles, foreign firms told
Aquino backs Abe's military ambitions
Concern surrounds Chinese security forces in Iraq
Pilots' 'mismanagement' causes Asiana crash
Six Flags joins theme-park rush in China
Kerry in Iraq for talks with Kurdish leaders
All tsunami advisories canceled after Alaska quake
US Weekly
Geared to go |
The place to be |