WASHINGTON – U.S. Commerce Secretary John Bryson will travel to Beijing and Chengdu, China on November 18-22. He and United States Trade Representative (USTR) Ron Kirk will co-chair the 22nd Session of the U.S.-China Joint Commission on Commerce and Trade (JCCT) with Chinese Vice Premier Wang Qishan in Chengdu, China.
Bryson will also stop in Beijing to meet with U.S. business leaders and Chinese investors to discuss bilateral trade and investment issues. While in Beijing, he will see firsthand the benefits of U.S. exports to China when he tours made-in-USA airport vehicles at the Beijing airport. U.S. Agriculture Secretary Tom Vilsack will join the delegation in Chengdu for the JCCT.
Established in 1983, the JCCT is the main forum for addressing bilateral trade issues and promoting commercial opportunities between the United States and China. In addition to the annual high-level JCCT meeting, a number of JCCT working groups meet throughout the year in areas such as intellectual property rights, pharmaceuticals and medical devices, information technology, tourism, environment, commercial law and statistics.
Last year’s JCCT was held in Washington, D.C., and during the meetings China agreed, among other issues, to improve intellectual property rights enforcement, to revise its indigenous innovation policies and to accelerate its accession to the WTO Government Procurement Agreement.
Since President Obama announced the National Export Initiative in early 2010, exports have played an important role in America’s economic recovery. Worldwide exports in 2010 grew by 17 percent over 2009 and exports to China grew by 32 percent. China was the largest supplier of U.S. goods imports in 2010 and was the third-largest market for U.S. exports in 2010 (after Canada and Mexico). U.S. goods exports to China were $92 billion in 2010, up 468 percent since 2000. Trade in services with China (exports and imports) totaled $31 billion in 2010; services exports were $21 billion and services imports were $10 billion.