BEIJING: “China-U.S. relations should not be a zero-sum game where one side out-competes or thrives at the expense of the other. The successes of China and the United States are opportunities, not challenges, for each other,” said Chinese President Xi Jinping during his meeting with U.S. President Joe Biden in Bali, Indonesia on Nov. 14, 2022.
A year later, regular direct passenger flights between the two countries increased again starting from Thursday, reflecting growing mutually beneficial cooperation between the two sides.
Experts from the U.S. business community agree that competition is by no means the mainstream of the China-U.S. relationship as both Chinese and American people aspire to win-win cooperation.
More than 200 U.S. exhibitors from agricultural, semiconductors, medical devices, new energy vehicles, cosmetics, and other sectors attended the just-concluded China International Import Expo (CIIE), marking the largest U.S. presence in the history of the annual event.
Voicing their expectations for the upcoming meeting between Xi and Biden in San Francisco, they hoped that the summit will provide more certainty for bilateral economic and trade relations and the recovery of the world economy.
Eric Zheng, president of the American Chamber of Commerce in Shanghai, said that he expects the leaders’ meeting to promote the steady development of bilateral relations.
The zero-sum approach should be avoided when dealing with China-U.S. relations, Zheng said, adding that peaceful coexistence is the only way to promote common prosperity and lays a foundation for the happiness of the two peoples.
Statistics from both sides show that bilateral trade reached a record high in 2022 with strong resilience, which fully demonstrates the fact that the economic structures of China and the United States are highly complementary and economic cooperation and trade exchanges are mutually beneficial. –Agencies
