Xi Jinping: China’s economy this year will never be a hard landing

■ 17, Xi Jinping and Vice President Joe Biden in the United States Los Angeles to attend an international learning center and watch the dragon dance in the center of students. Xinhua News Agency issued

said, according to Xinhua News Agency, Chinese Vice President Xi Jinping on the 17th local time,

Xi Jinping said in the opening ceremony of the Sino-US economic and trade cooperation forum 2012, China’s economy will accordance with Wenzhongqiujin general tone, continue to maintain stable and rapid development, so-called “hard landing” will never appear.

the United States in the Sino-US trade and economic disadvantage inconsistent with the facts

Xi Jinping made the above remarks in a speech on the opening ceremony of China-US economic and trade cooperation forum . Xi Jinping said that the United States at a disadvantage in the Sino-US economic and trade cooperation, while the Chinese point of view of an advantage does not fit the facts. “The two sides are winners, is a real win-win.”

Xi Jinping said that U.S. imports from China and cheap products, the actual spending power of the American people provide a boost for the U.S. to maintain economic growth and living standards.

According to the findings released by the US-China Business Council, the China-US economic and trade cooperation to promote U.S. economic growth, U.S. consumer prices are relatively low, which is equivalent to every family in the United States an annual disposable income increased by $ 1,000 .

Xi pointed out that the increasingly close Sino-US economic and trade relations between the United States created a large number of employment opportunities. According to incomplete statistics, from 2001 to 2010, U.S. exports to China increased for the United States more than 300 000 jobs. Companies in the U.S. has contributed to promote U.S. jobs.

reverse the Sino-US trade imbalance lies in the relaxation of exports to China

Xi Jinping said the statistics reflect the materials, strict control of the U.S. high-tech products resulting in many advantages of U.S. companies lose potential market opportunities in China: 2001 to 2011, China imported high-tech products increased from $ 56 billion to $ 463 billion, with an average annual increase of 23.5%. The same period, imports from the U.S. high-tech products accounted for 16.7 percent of China’s total imports of high-tech products dropped 6.3 percent in 2011 from 2001. He said: “If the United States in 2011 high-tech exports to China in 2001 the proportion of U.S. exports to China increase by nearly $ 50 billion. Thus, the relaxation of export controls to China of great benefit to the United States.

Xi Jinping, 2012 China’s economy will accordance with Wenzhongqiujin general tone, continue to maintain stable and rapid development, so-called “hard landing” will never appear. He is expected to total retail sales in 2015 will reach 32 trillion yuan, or about $ 5,000,000,000,000, the size of the domestic market is the largest in the world, the scale of imports is expected to reach $ 8 trillion cumulative foreign investment will exceed $ 500,000,000,000, which will give the world to bring huge business opportunities.

Xi Jinping on Sino-US economic and trade cooperation, the four-point proposal

seize market opportunities, promote the development of the trade balance. In the “12th Five-Year” period, China will accelerate the transformation of economic development, the U.S. government is implementing a plan to double exports to actively attract foreign investment. The opposite of the two countries’ macroeconomic policies and behavior provides important new opportunities to deepen economic and trade cooperation.

to create a good environment, improve the level of two-way investment. We will continue to expand the breadth and depth, to encourage fair competition in all enterprises in China in the Chinese domestic market, a positive innovation in the win market, while technological advancement and social development. I hope to continue the United States for Chinese enterprises to invest and create a fair and convenient environment, to avoid political interference for Economic Co-operation and enhance the confidence of Chinese enterprises investing in the U.S..

expand cooperation areas, and cultivate new trade growth points. The enterprises of both sides keen to seize the opportunity to adjust industrial structure between the two countries, to accelerate and promote cooperation in emerging areas such as clean energy, information technology, to give new impetus to deepen economic and trade cooperation. Entrepreneurs of both countries continue to explore new ways of cooperation and means new opportunities for cooperation and strive to become more tangible outcomes.

4 to jointly cope with challenges, to strengthen global governance and cooperation. China is willing to work with the United States to maintain and strengthen communication and coordination in the international financial crisis, the Doha Round negotiations, the IMF reform global economic and trade issues, jointly cope with various regional and global challenges, promote the implementation of the Group of Twenty the positive results achieved by the leaders of the Cannes summit to jointly contribute to strengthen the system of global governance reform, maintaining and promoting world economic stability and sustainable development.

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