WASHINGTON - US Secretary of the Commerce Department Wilbur Ross on Tuesday pledged to give fair treatment for Chinese investment in the United States as the Donald Trump administration stepped up efforts to promote foreign direct investment in the country. In an address to hundreds of Chinese investors at a reception hosted by China General Chamber of Commerce - USA, Ross said he appreciated the large participation of Chinese delegation in the SelectUSA Investment Summit this year, saying it was "China's largest delegation ever" to the summit with 155 participants. "Please let me know how to help you follow up with the opportunities you have uncovered during the course of this conference," Ross said, adding the Commerce Department will help Chinese investors navigate any potential problems with other federal, state, or local agencies. "I hope that my fellow cabinet members and business tycoons who spoke at the conference have made it clear to you, that if you do invest here, you will be treated fairly and with respect," he said, promising that "the playing field will be totally level." Chinese investors have warmed up to pouring money into the United States in recent years, hitting a record billion in 2016 alone, triple the amount seen in 2015 and a tenfold increase compared to just five years ago, according to a report jointly released by the Rhodium Group and the National Committee on US-China Relations (NCUSCR). Ross said the relationship between the Chinese government and the US government has become "very closely and very friendly" since Chinese President Xi Jinping and US President Donald Trump met at the Mar-a-Lago estate in Florida in April. "I believe that they like and trust each other, and that's a wonderful foundation for doing business, and diplomatic and other relationships between the two countries," he said, noting the two sides were able to announce concrete cooperative agreements in agricultural trade, electronic payment, energy and financial services just 40 days after the Xi-Trump meeting. "These agreements have led to even more collaboration, and our two teams continue to hold twice daily phone calls," Ross said, believing the two countries will seek further agreements that benefit both countries. "Both countries are very much interested in concrete near-term deliverables, not endless discussions," he said.
WASHINGTON-French President Emmanuel Macron started his three-day state visit to Washington on Monday, which is expected to test his much-vaunted "friendship" with US counterpart Donald Trump, as the leaders tackle deep differences over Iran and other key dossiers.
WASHINGTON -- The number of initial jobless claims in the United States increased last week, according to a report released by the US Labor Department on Thursday.
Wang Chenxi, analyst at internet consultancy Analysys in Beijing, said with the support of sustained funding by investors, bike-sharing companies are able to expand their fleets and offer better products and services.
Wang Huiyao, president of the Center for China and Globalization, the Beijing-based independent think tank, was a second-year student at the Guangzhou University of International Studies at the time and can remember it being an exciting time.
WASHINGTON -- US President Donald Trump on Friday said Pyongyang's recent weapon tests were "very standard" and not "a breach of trust," US media reported.
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Wang Jianwei, head of the agricultural machinery administration in Zhejiang, said that the province has 298 registered agricultural drones.
Wang Bingnan, vice-minister of commerce, told a news conference last month that despite persistent input from authorities in recent years, the development of rural e-commerce still faces challenges such as unsatisfactory industry and supply chains, high logistics costs and a shortage of talent.
Wang Aiqin, one of Li's granddaughters, said that Li has four sons who take care of her in rotation every month, along with her three daughters. Li can remember all her family members but is slightly deaf.
WASHINGTON, Oct. 3 -- US National Security Adviser John Bolton said here on Wednesday that the United States is withdrawing from the optional protocol for dispute resolution to the Vienna Convention.