Fostering Closer Ties US and Chinese Businesses Call for Enhanced Relations

Fostering Closer Ties US and Chinese Businesses Call for Enhanced Relations

The China General Chamber of Commerce Los Angeles (CGCC-LA) recently hosted its annual gala, bringing together over 300 representatives from the US and Chinese business communities. The event provided a unique platform for attendees to foster cultural exchange, share business principles, and strengthen friendship between the two nations.

In his keynote address at the gala, Chinese Consul General in Los Angeles Guo Shaochun emphasized the mutual benefits of China-US trade, highlighting its crucial role in developing both countries and the global economy. He noted that this partnership has created significant economic benefits, including

The creation of over 2.6 million well-paying jobs in the United States
A reduction in American manufacturing costs by 15 to 20 percent
An increase in the annual purchasing power of American families by $850

Guo also stressed the importance of cooperation and dialogue in addressing concerns between the two nations, rather than resorting to trade wars. He noted that over 7,000 Chinese companies are investing in the US, while more than 70,000 American enterprises are investing in China.

The event featured remarks from Mario Cordero, CEO of the Port of Long Beach, who emphasized the importance of fostering cultural exchange and cooperation between the two countries. Despite uncertainties in the international trade community, Cordero expressed confidence that a partnership between the US and China is essential for promoting economic growth and global cooperation.

Bob Weis, former president of Walt Disney Imagineering, shared his experience with the remarkable transformation of Shanghai Disneyland Resort from a flat, muddy plot of land into a vibrant, adventure-filled park that attracts tens of millions of visitors each year. He credited this achievement to the collaborative efforts between Chinese and American talents, designers, artists, and storytellers.

As we navigate the complexities of international trade and diplomacy, it is clear that fostering closer ties between the US and China is crucial for promoting economic growth, cultural exchange, and global cooperation. By embracing a spirit of collaboration and mutual respect, we can create a brighter future for ourselves and future generations.

Key Takeaways

China-US trade is mutually beneficial and plays a vital role in developing both countries and the global economy.
The partnership has created significant economic benefits, including job creation, cost reduction, and increased purchasing power.
Trade wars have no winners, and it is essential to address concerns through dialogue and consultation on the basis of equality and mutual respect.
Fostering cultural exchange, sharing business principles, and enhancing friendship between the two countries are crucial for promoting cooperation.

Conclusion*

As we navigate the complexities of international trade and diplomacy, it is essential to recognize the importance of fostering closer ties between the US and China. By embracing a spirit of collaboration and mutual respect, we can create a brighter future for ourselves and future generations.

Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.