China, US economic growth hailed
US: As the world's biggest emerging economy, China is boosting
its trade with and increasing investments in the United States, creating
more jobs in the US market, said a Chinese diplomat here on Thursday.
Yang Guoqiang, Consul General in Chicago, was delivering a speech at
a reception marking the 61st anniversary of the founding of the People's
Republic of China in downtown Chicago. "China's development over the
last 61 years is a progressive and fruit-yielding process. China's
economy achieved rapid growth of 11.1 percent in the first half of this
year. China's overall economic output has reached No. 3 in the world and
become the world largest exporter and second largest importer," he said.
"Undoubtedly, China is now the biggest emerging economy of important
influence. China will continue to contribute to the sustained and robust
recovery of the world economy," he stated.
The reciprocal and mutually-beneficial relations between China and
the US provide tremendous opportunities for the United States' Midwest
region and China, said the consul general. "By the end of last year, 70
Chinese companies have come to the Midwest to set up operations with
nearly 300 million dollars of input. Around 30,000 students here are
learning Chinese and 15 Confucius Institutes have been set up in this
region to facilitate local people to learn the Chinese language and
culture," he said.
"China's development has input strong impetus into China-U.S.
relations. Our two countries are now the second largest trading partner
to each other and China has become the largest export market for the
United States for the past 9 consecutive years," he added.
According to the diplomat, trade between China and the U.S. for the
first half of the year amounted to 201 billion dollars, an increase of
23.2 percent over last year. CHICAGO, Friday, Xinhua |