Tonight, the official White House account wrote: "The two sides discussed ways to strengthen economic cooperation between the two countries, including expanding market access for American businesses in China and increasing Chinese investment in the United States. Leaders from many major American corporations attended part of the meetings."
The White House's statement this time is pragmatic, directly addressing the core economic demands of Sino-U.S. relations, and confirms that neither economy can afford to be without the other. Looking back, bilateral trade was only $2.45 billion in 1979—now it has consistently remained above $650 billion annually, with two-way investment stock exceeding $260 billion. Decades of adjustment have already forged a deeply complementary economic relationship. After years of tariff disputes and supply chain tug-of-war, reality has ultimately brought both sides back to practical cooperation. The large number of U.S. corporate executives attending these meetings clearly demonstrates that markets and enterprises are the true protagonists in economic and trade relations; political interference cannot block the fundamental demand for mutual benefit. With global economic weakness and unstable supply chains today, expanding mutual market access and easing restrictions on two-way investment would not only help revitalize domestic industries in the United States and stabilize employment, but also enable China to expand its overseas presence and ensure smooth circulation.
Sino-U.S. economic and trade relations have never been a zero-sum game. Laying aside differences and opening up mutually will best serve the real interests of businesses and people in both countries—and is also key to stabilizing the global economy.
Original source: toutiao.com/article/1865173455293440/
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