25th session of China-U.S. JCCT

The 25th session of the China-U.S. Joint Commission on Commerce and Trade (JCCT) was held on December 16-18 in Chicago, the United States. Chinese Vice Premier Wang Yang co-chaired the session with U.S. Secretary of Commerce Penny Pritzker and Trade Representative Michael Froman. U.S. Secretary of Agriculture Tom Vilsack attended the session.

Wang said that this year marks the 35th anniversary of the establishment of China-U.S. diplomatic relations, and is also an important year for constructing the new pattern of relationship between China and the U.S.. The JCCT should implement the important consensus and achievements reached by President Xi Jinping and President Barack Obama during their meeting in Beijing, and consolidate the favorable development trend of China-U.S. relations, concluding China-U.S. relations this year successfully and laying a solid foundation for trade and economic cooperation next year and in the future. There are more common benefits than disputes between the two countries, and China-U.S. Trade and economic cooperation will enjoy a bright prospect if the two parties respect each other, seek common points while reserving differences, understand and accommodate each other.

The U.S. side said that strengthening U.S.-China economic and trade cooperation is of great importance to the economy of the two countries and the world. The U.S. would like to strengthen cooperation with China on the basis of mutual respect and mutual benefit, promoting U.S.-China economic and trade relations to a higher level.

During the JCCT, the two sides had in-depth discussions on bilateral economic and trade issues like export control, intellectual property, innovation policies, bilateral investment and competitive policies centered on implementing the consensus reached by the two presidents in Beijing, and also held several forums themed at business, investment, agriculture, tourism and cooperation between cities. Related experts were invited to have discussions on excess production capacity. The two parties strengthened mutual understanding and reached consensus in many areas. The JCCT achievements list was issued by the two parties.

Vice Premier Wang, when attending the 25th China-U.S. Joint Commission on Commerce and Trade in Chicago, the United States, jointly attended the Sino-U.S. Tourism Cooperation Forum with U.S. Secretary of Commerce Penny Pritzker and Trade Representative Michael Froman on December 17. Wang delivered a speech titled Build a Bridge for Friendship and Cooperation, stressing that the mutually beneficial arrangements on business, tourism and overseas students’ visa made by China and the United States when Chinese President Xi Jinping had a meeting with U.S. President Barack Obama in Beijing last month are significant and great news for Sino-U.S. tourism cooperation. The tourism cooperation between the two countries will usher in an unprecedented cooperative opportunity.
Wang said that strengthening tourism cooperation is not only the consensus of the Chinese and U.S. governments, but also the wish of the two peoples. Both peoples have a nice expectation of going around more, contacting more and building a bridge of friendship and cooperation and tourism is the best platform.
Wang pointed out that tourism cooperation is the most active and potential field in trade and economic cooperation and cultural and educational exchanges between China and the United States. In the last 10 years, Sino-U.S. exchange tourists have added up to more than 28 million, with an annual increase of 10% and an average of 250 flights between the two countries every week. The sustainable development of tourism cooperation not only brings economic benefits for both sides, but also advances understanding and friendship between the peoples, which lay a solid public opinion foundation for the development of Sino-U.S. relations.
Wang stressed that the Chinese tourism industry is seeing a golden time. China and the United States should ride the tide, fully improve the level of tourism cooperation, realize the breakthrough of 5 million exchange tourists as soon as possible and move torward the new goal of 10 million people. It is hoped that the governments and enterprises of the two countries can regard this forum as a new start, create a new comprehensive and high-level pattern of tourism cooperation and enrich the connotation of the new pattern of relationship between the great powers. Wang put forward five suggestions for this purpose:
Firstly, a more convenient tourism environment should be created. Entry and exit procedures should be further simplified, direct flight cities and flights should be continuously increased and joint development of the tourism market and products by Chinese and U.S. enterprises should be supported.
Secondly, two-way investment cooperation in the tourism industry should be expanded. China encourages U.S. tourism equipment producers to invest in China and Chinese enterprises to invest and list in the United States. It is hoped that the U.S could provide necessary convenience for this.
Thirdly, development experience in the tourism industry should be shared. Both sides should learn from each other on tourism planning, project creativity, cultural relics and ecological environmental protection, cultural and rural tourism to jointly improve the development level of the tourism industry of both countries.
Fourthly, the tourism cooperative mechanism should be improved. Efforts should be made to continue to do a good job in holding the Dialogue on Cooperation and Development between Sino-U.S. Provincial Tourism Secretaries, popularize it to the second-tier and third-tier cities and key tourist sites and discuss setting up daily work contact mechanisms of tourism.
Fifthly, tourism exchanges between Chinese and U.S. teenagers should be expanded. Such tourism exchange activities as summer camps and study tours between the two countries should be supported to enable teenagers to know more about histories and culture of the two countries and enhance the sense of identity between each other.
Pritzker and Froman said that Sino-U.S. tourism cooperation which has attained long-term development is a good example for trade and economic cooperation between the two countries. The two heads of state reached important consensus on promoting tourism cooperation of both sides when having a meeting in Beijing. The United States will lengthen the period of validity of short-period tourism visas of Chinese tourists from one year to 10 years. The United States expects more Chinese tourists to take trips in the United States, bring more tourism income and create more employment opportunities. The United States is willing to work with China to tap the cooperative potential of tourism cooperation, promote the development of relevant industries of tourism, enhance mutual understanding of both peoples and promote the development of Sino-U.S. relationship.
More than 200 people from tourism departments and enterprises of the two countries attended the forum.

Source: http://english.mofcom.gov.cn/article/newsrelease/significantnews/201412/20141200847672.shtml; http://english.mofcom.gov.cn/article/newsrelease/significantnews/201412/20141200846062.shtml

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