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Development Of Sino-us Economi - College Paper

Development Of Sino-us Economi


c and trade relations.
When you are eager to get in touch with your family or friends, Motorola can transmit messages for you anywhere at any time. When you open ¡°Windows 98¡±, when you are taking Boeing Aircraft, when you are eating McDonald¡¯s or Kentuky Fired Chicken with relish while drinking Coca-Cola, have you ever thought that it is c and trade that have brought so many favors to us? Have you ever known the developed course of Sino-US economic and trade relations? Have you ever cared about the future of Sino-US economic and trade relations? I¡¯ll be glad to talk the c and trade relations about its past, present and future.
Let's review the c and trade relations.
On February ...

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economic and trade co-opration.
Bilateral economic ties and trade have developed rapidly since the two countries resumed high-level contacts and opened the door for further development of relations in 1972. Trade between the two countries grew out of nothing, expanded from small to large and is rising in a gratifying way.
According to statistics from the China General Administration of Customs, Sino-US trade in 1997 amounted to US$48.99 billion, 20 times the figure of 1979 when the two countries established diplomatic relations. In the 18 years from 1979 to 1996, two-way trade totaled US$260.6 billion. Between 1979 and 1995, the United States was China¡¯s third largest trading partner, and in 1996, it moved up to second place. In the 1990-1997period, the trade volume increased at an average annual rate of 22.6 percent, much higher than the 15.9 percent average annual growth rate of China¡¯s foreign trade in the same period. By the end of last year, Sino-US trade accounted for 15 ...

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volume of over US$40 billion, of which about US$17.5 billion had been used. By May of this year, the number of US-funded projects in China stood at 25,184 with contractual investment of US$18.74 billion. After China¡¯s Hong Kong and Taiwan regions, the US is the second biggest foreign investor in China, right after Japan. On the other hand, China¡¯s investment in the US has also been growing since it started at the end of the 1970¡¯s. By the end of last year, there were 526 Chinese-invested firms in the US, involving US$682 million in contractual investment and US$471 million in actual investment. Alongside the country¡¯s reform, opening and economic growth, China has constantly increased ...

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PAPER DETAILS
Added: 12/31/2005 06:58:40 PM
Category: World History
Type: Free Paper
Words: 2574
Pages: 10

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