Zhang Mao Met with Craig Allen, President of the U.S.-China Business Council, Proclaiming to Promote the Development of Sino-US Economic and Trade Relations Together

time:2018-08-27 17:13:00  Author:  Source:

 

On August 17, Zhang Mao, Director of the State Administration for Market Supervision,
met with the visiting Craig Allen, President of the U.S.-China Business Council,
and representatives of American investment enterprises in China.
 

  On August 17, Zhang Mao, Director of the State Administration for Market Supervision, met with the visiting Craig Allen, President of the U.S.-China Business Council, and representatives of American investment enterprises in China. Zhang Mao expressed the hope to strengthen exchanges and communication with the the U.S.-China Business Council, promote American investment enterprises in China to actively participate in the development process of China's market economy, and make joint efforts to promote the development of Sino-US economic and trade relation.         

  Zhang Mao introduced the relevant functions and work of the State Administration for Market Supervision to Craig Allen and his team. According to the world bank's assessment, China's business environment has improved significantly in recent years, and the time for companies to enter the market has been further reduced, with an average of 18,100 new businesses created every day, Zhang Mao said. At the same time, China has made remarkable achievements in intellectual property protection, trademark registration application, industrial product certification and all other areas of market supervision, which has promoted the continuous improvement of the business environment. The State Administration for Market Supervision will further deepen its reforms of“streamline administration”to push the market to play a decisive role in resource allocation. At the same time, it will carry out market supervision in accordance with the law and strictly follow the principle of equality for  both Chinese and foreign enterprises as well as state-owned and private enterprises , so as to create a fair and orderly competitive environment for enterprises.

  Zhang Mao stressed that this year marks the 40th anniversary of China's reform and opening-up and the pace of opening-up is accelerating. China and the United States have achieved good results in their previous cooperation. Currently, the U.S. government's move to escalate trade friction into a trade war is not in the interests of both Chinese and US companies or even the two peoples. It is the common aspiration of both China and the United States, including American businesses, to resolve trade issues through negotiation and consultation. We oppose unilateralism and trade protectionism and hope to strengthen exchanges and communication with the U.S.-China Business Council to contribute to the development of Sino-US economic and trade relation. The State Administration for Market Supervision will continue to improve its work on fair competition, intellectual property protection and standardization construction, and welcome the active role of American enterprises.

  Craig Allen expressed full appreciation for meeting with Director Zhang Mao. He agreed that the United States and China should resolve trade differences and issues through negotiation and consultation. He said the U.S.-China Business Council is willing to communicate and discuss with China on the challenges and difficulties  the two countries are facing now and promote bilateral exchanges and cooperation in trade and commerce.

  Representatives of American investment enterprises in China thanked the market supervision administrations for their long-term guidance and help, and expressed their desire to further increase investment and accelerate their development in China in the future. The two sides also exchanged views on intellectual property protection, food and drug safety, standardization implementation and credit supervision.    

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