According to a report on July 16 by the reference news network, citing the website of Hong Kong's "South China Morning Post" on July 16, according to reliable sources, a large number of executives of United States giants will visit China next week, and the first stop is tentatively Beijing. We have two clear messages in this report, the first one: the visiting representatives are Craig Allen and Raj ·· Subramaniam. These two, presumably everyone is familiar with it, Raj · Subramaniam, the current CEO of FedEx, FedEx is one of the world's largest express transportation companies, but also the world's largest shipping company, FedEx entered the Chinese market in 1984, through cooperation with Tianjin Daejeon Group, established Daejeon-FedEx Co., Ltd., and promoted the development of China's express business.
Speaking of Craig Allen, we must first understand the U.S.-China Business Council, which was established in 1973 and is headquartered in Washington, United States, which is defined as a non-governmental, non-profit non-profit private trade organization. Its current president is Craig Allen. Coca-Cola, as we know it, is also one of its member companies. Trade between the United States and China is fueled by this organization, which has also contributed to the growth of the trade economy between the two sides. At this point in time, as representatives of this event, it is not difficult to see that American companies attach great importance to the development of the Chinese market. According to sources, the delegation is actively in contact with high-level Chinese officials and hopes that there will be in-depth exchanges between the two sides on economic development.
The second piece of information we can learn is whether the collective visit of United States executives to China is a signal that American companies continue to invest in the Chinese market.
It is important to know that coming to China during this sensitive period of time is not only to inspect the domestic development environment, but also to negotiate business contacts and cooperation.
In recent years, the United States has continuously imposed economic sanctions on the mainland, including the recent restrictions on Netherlands chip technology exports and trade strikes with other countries. All these can make smart people in all countries see the game between us and the United States, and while these policies limit our development, we promote the innovation and development of high and new technologies to a greater extent. China's economic development has become the pillar of world trade, and China has always adhered to the original intention of common progress, committed to maintaining the harmony and stability of the world economy and promoting the integrity of the global market transaction chain.
China's new development, the world's new opportunities!
According to statistics, since March this year, US executives have been visiting China intensively. On March 20, Apple CEO Tim Cook met with the president of BYD in Shanghai, saying that Apple will strengthen its development investment in the Chinese market, achieve a win-win situation with Chinese partners, and hope to maintain a long-term, stable and friendly cooperative relationship with China.
The 2024 Annual Meeting of the High-Level Development Forum held in China on March 24 of the same year also attracted the presence of many executives of multinational companies, and the world media said that China has become a hub in an important global economic field.
At the same time, the increase in foreign investment is indispensable for the innovation and progress of various industries in China, and China's leapfrog development can attract the favor of many people.
China is now one of the largest markets in the world, and U.S. companies are pinning their hopes on the Chinese market to expand their economic development. In fact, I think the most important part of the reason is that the US has frequently sanctioned Chinese enterprises and the development of emerging industries, prompting the mainland to focus on the development of core industries, which has a very high advantage in these fields, and the United States sanctions have made American companies lack competitiveness in the market, resulting in the hollowing out of United States industries. The economic tensions brought about by politics have forced Western companies to look for investors in China. China's development direction will not change due to the country's political stance, and it will strengthen its conviction to develop its own infrastructure at a high speed and vigorously, expand energy construction and exports, and stabilize the market supply chain.
The investment of United States companies also contains the anti-China policy of the United States government. United States companies attach importance to investment in the Chinese market and promote the development of the mainland's trade economy, and the Chinese market and Chinese demand are undoubtedly the world's largest piece of "meat".
Sino-US trade cannot be decoupled, and many enterprises have increased their investment, and the United States trade war has hurt 100 enemies and damaged 1,000 themselves. United States' unilateral "desensitization" of the Chinese market was completely unsuccessful.
Diplomacy and trade are the most important economic strategic guidelines of every country, and only stable development can lead to win-win cooperation.
According to statistics, judging from the data of the trade war provoked by Trump and Biden during their presidency, the total trade between China and the United States began in 2018 when Trump was in office, $541.4 billion in 19 years, $586.721 billion in 2020, $755.6 billion in 21 years, $759.427 billion in 22 years, and $664.451 billion in 23 years. In these six years, the trade volume between China and the United States reached 3.9412 trillion US dollars, with an average annual value of 656.853 billion US dollars. From this set of data, we are surprised to find that under the strong blows of the two presidents, the trade volume between China and the United States has not decreased, but has increased. This means that the mainland has not been affected in the United States market competition, but has consolidated and enhanced its position in international trade to a certain extent.
The U.S.-China Business Council delegation visited China and said they had plans for the next step in China. We can expect sparks to emerge from deeper trade cooperation between China and the United States.