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Hu Jintao: China Has Become The Largest Contributor To Many American Companies' Global Profits.

2011/1/22 9:01:00 59

Hu Jintao China US Relations Global Profits

President

Hu Jintao

On the 20 day at a welcome banquet held by the US friendly group in Washington, DC, he said that China's reform and development has made remarkable achievements in the past ten years. Nevertheless, China is still the largest developing country in the world without changing its attributes.

In his speech, Hu Jintao pointed out that the first ten years of twenty-first Century had just passed.

This is the 10 year that China has made remarkable achievements in its reform and development, and it is also the 10 year that China's relations with the world have increased significantly.

In the past 10 years, China's economy has maintained an average annual growth rate of about 11%, and people's living standards have improved significantly.

Over the past 10 years, China has imported 687 billion US dollars annually, creating about 14000000 jobs for related countries and regions.

Talk about

Sino US relations

Hu Jintao pointed out that China and the United States are committed to strengthening bilateral cooperation in various fields and benefiting the two peoples.

At present, the United States is China's second largest export market and the main source of investment. China is the third largest export market in the United States and the fastest growing export market in the United States.

According to incomplete statistics, in the past 10 years, cheap Chinese goods have saved us consumers about 600000000000 dollars.

China has become a lot of American enterprises.

Global profits

The biggest contributor.

Even in the 2008 and 2009, where the international financial crisis was the most serious, more than 70% of us enterprises in China were making profits.

Hu Jintao further pointed out that we should focus on the overall situation and take a long-term view to actively promote Sino US partnership.

He said that the relationship between China and the United States is not the relationship between you and me. It should be mutual respect and strengthen the relationship of mutual strategic mutual trust. It is the relationship that highlights the common interests and strengthens the all-round cooperation.

On the 20 day later, Hu Jintao arrived in Chicago and met with mayor of Chicago, Daly, and attended the welcome dinner hosted by mayor Daly.

In his speech at the dinner, Hu Jintao said that tomorrow we will end this trip to the United States.

What we are doing now is to make the Chinese and American people and our children and grandchildren live happily ever after, so that the world can enjoy lasting peace and sustainable development.

The seeds of friendship and cooperation we sow today will surely take root and bear fruit. The Sino US partnership will surely usher in a better tomorrow.